Jost's Engineering Co. Ltd. engages in the manufacture and sale of material handling and engineering products. It operates through the Material Handling and Engineered Products segments. The Material Handling segment refers to innovative material handling solutions for internal material handling needs such as platform truck, tow truck, stacker and others. The Engineered Products segment includes engineered products for commercial and technical support such as sound and vibration, environmental simulation, process instrumentation, components, electrical and nanotechnology and analytical solutions. The company was founded by Carl Jost on May 9, 1907 and is headquartered in Mumbai, India.
Jost's Engineering Dividend Announcement
• Jost's Engineering announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-16. Ex dividend date: 2024-09-09
• Jost's Engineering annual dividend for 2024 was ₹2.00
• Jost's Engineering annual dividend for 2023 was ₹1.50
• Jost's Engineering's trailing twelve-month (TTM) dividend yield is 0.18%
• Jost's Engineering's dividend growth over the last five years (2018-2023) was -5.59% year
• Jost's Engineering's dividend growth over the last ten years (2013-2023) was -19.88% year
Jost's Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | ₹2.00 | annually | 2024-10-16 |
2023-09-11 | ₹1.50 | annually | 2023-10-18 |
2022-09-16 | ₹3.00 | annually | 2022-10-26 |
2021-09-01 | ₹3.00 | annually | 2021-10-09 |
2020-08-28 | ₹3.00 | annually | 2020-10-04 |
2019-08-07 | ₹3.00 | annually | 2019-09-13 |
2018-07-25 | ₹2.00 | annually | 2018-08-29 |
2017-07-13 | ₹0.92 | annually | 2017-08-19 |
2016-07-08 | ₹0.92 | annually | |
2015-08-07 | ₹4.59 | annually | |
2014-07-03 | ₹11.47 | annually | |
2013-06-10 | ₹13.77 | annually |
Jost's Engineering Dividend per year
Jost's Engineering Dividend growth
Jost's Engineering Dividend Yield
Jost's Engineering current trailing twelve-month (TTM) dividend yield is 0.18%. Interested in purchasing Jost's Engineering stock? Use our calculator to estimate your expected dividend yield:
Jost's Engineering Financial Ratios
Jost's Engineering Dividend FAQ
Other factors to consider when evaluating Jost's Engineering 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: Jost's Engineering'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, Jost's Engineering 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, Jost's Engineering 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 Jost's Engineering 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: Jost's Engineering 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, Jost's Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jost's Engineering 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 Jost's Engineering'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 Jost's Engineering'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.