JBM Auto Limited manufactures and sells auto components, tools, and buses in India and internationally. It operates through three segments: Sheet Metal Components, Assemblies & Sub-assemblies (Component Division); Tool, Dies & Moulds (Tool Room Division); and OEM Division. The company offers auto components, systems, and assemblies, such as BIW parts, including cross car beams; chassis and suspension systems comprising skin panels; and tools and dies for turnkey projects. It also designs, develops, manufactures, assembles, and sells CNG, diesel, and electric buses, as well as related parts, accessories, and maintenance contracts. The company was incorporated in 1996 and is based in Gurugram, India.
JBM Auto Dividend Announcement
• JBM Auto announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-12. Ex dividend date: 2024-09-05
• JBM Auto annual dividend for 2024 was ₹1.50
• JBM Auto annual dividend for 2023 was ₹1.30
• JBM Auto's trailing twelve-month (TTM) dividend yield is 0.09%
• JBM Auto's dividend growth over the last five years (2018-2023) was -8.25% year
• JBM Auto's dividend growth over the last ten years (2013-2023) was 2.66% year
JBM Auto Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | ₹1.50 | annually | 2024-10-12 |
2023-09-08 | ₹1.30 | annually | 2023-10-16 |
2022-09-16 | ₹1.00 | annually | 2022-10-26 |
2021-09-22 | ₹1.50 | annually | 2021-10-30 |
2020-12-03 | ₹1.75 | annually | 2021-01-11 |
2020-10-21 | ₹4.38 | annually | |
2019-09-05 | ₹2.25 | annually | 2019-10-14 |
2018-08-23 | ₹2.00 | annually | 2018-10-04 |
2017-08-10 | ₹2.00 | annually | 2017-09-17 |
2016-08-25 | ₹1.75 | annually | 2016-10-03 |
2015-09-10 | ₹2.50 | annually | 2015-10-22 |
2014-09-04 | ₹1.50 | annually | 2014-10-24 |
2013-08-29 | ₹1.00 | annually | 2013-10-09 |
JBM Auto Dividend per year
JBM Auto Dividend growth
JBM Auto Dividend Yield
JBM Auto current trailing twelve-month (TTM) dividend yield is 0.09%. Interested in purchasing JBM Auto stock? Use our calculator to estimate your expected dividend yield:
JBM Auto Financial Ratios
JBM Auto Dividend FAQ
Other factors to consider when evaluating JBM Auto as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: JBM Auto's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, JBM Auto publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, JBM Auto distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from JBM Auto are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: JBM Auto sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, JBM Auto distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: JBM Auto declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of JBM Auto's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review JBM Auto's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.