Kalyani Forge Limited, an engineering company, engages in the manufacture and sale of forged, machined, and assembled products for automotive; construction; power generation; marine; industrial good; and railway industries in India. The company offers engine parts, including connecting rods, crank shafts, cam shafts, retainer valves, cross head valves, injector clamps, rocker arms, balance weights, and cam lobes; and chassis systems, such as idler arms, control arms, steering knuckles, FS arms, and brackets. It also provides turbocharger parts comprising nozzle rings and pipe cast flanges; warm and cold forged parts for fluid flywheels, and wet double clutch; and driveline products consisting of tulips, inner races, tripods, spiders, outer races, yoke shafts, and double yokes. In addition, the company offers steering and suspension products, including stub axles, tie-rod ends, suspension ball joints, universal joints, and pitman arms; and various cold and hot forged parts for industrial applications, such as power tools, conveyors, and compressors. It also exports its products. The company was incorporated in 1979 and is based in Pune, India.
Kalyani Forge Dividend Announcement
• Kalyani Forge announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-20
• Kalyani Forge annual dividend for 2024 was ₹3.00
• Kalyani Forge annual dividend for 2023 was ₹3.00
• Kalyani Forge's trailing twelve-month (TTM) dividend yield is 0.65%
• Kalyani Forge's dividend growth over the last five years (2018-2023) was -3.04% year
Kalyani Forge Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹3.00 | annually | 2024-10-27 |
2023-09-13 | ₹3.00 | annually | 2023-10-20 |
2022-08-10 | ₹3.00 | annually | 2022-09-17 |
2021-08-05 | ₹1.50 | annually | 2021-09-13 |
2020-09-17 | ₹1.00 | annually | 2020-10-23 |
2019-07-17 | ₹4.00 | annually | 2019-08-25 |
2018-07-19 | ₹3.50 | annually | 2018-08-26 |
2017-07-17 | ₹3.00 | annually | 2017-08-24 |
2016-07-21 | ₹2.00 | annually | 2016-09-01 |
2014-09-09 | ₹2.50 | annually | 2014-10-18 |
2013-06-20 | ₹2.50 | annually | 2013-07-28 |
2012-07-12 | ₹2.50 | annually | 2012-08-20 |
Kalyani Forge Dividend per year
Kalyani Forge Dividend growth
Kalyani Forge Dividend Yield
Kalyani Forge current trailing twelve-month (TTM) dividend yield is 0.65%. Interested in purchasing Kalyani Forge stock? Use our calculator to estimate your expected dividend yield:
Kalyani Forge Financial Ratios
Kalyani Forge Dividend FAQ
Other factors to consider when evaluating Kalyani Forge 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: Kalyani Forge'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, Kalyani Forge 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, Kalyani Forge 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 Kalyani Forge 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: Kalyani Forge 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, Kalyani Forge distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kalyani Forge 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 Kalyani Forge'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 Kalyani Forge'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.