Kamdhenu Limited manufactures, distributes, and markets steel, and paint and allied products under the Kamdhenu brand name in India. It operates through two segments, Steel and Paints. The company offers thermo mechanical treatment bars and rebars; MS pipes and tubes; structural steel, such as angles, channels, beams, flats, rounds, and squares; and pre-engineered buildings, roofing systems, air ventilators, deck systems, and crimp curves, as well as accessories. It also provides paint products comprising exterior and interior emulsions, acrylic washable distemper, premium enamel paint, wood coating products, water proofing solutions, roof coating solutions, textures, stains, colorants, water based primers, wood finishes, aluminum paints, and textured and designer paints. In addition, the company offers arch/curved profiles, SDF screws, and fiber sheets. It offers its products through a network of dealers and distributors. The company was formerly known as Kamdhenu Ispat Limited and changed its name to Kamdhenu Limited in January 2016. Kamdhenu Limited was incorporated in 1994 and is based in Gurugram, India.
Kamdhenu Dividend Announcement
• Kamdhenu announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-07-31
• Kamdhenu annual dividend for 2024 was ₹2.00
• Kamdhenu annual dividend for 2023 was ₹1.50
• Kamdhenu's trailing twelve-month (TTM) dividend yield is 0.38%
• Kamdhenu's dividend growth over the last five years (2018-2023) was 8.45% year
Kamdhenu Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-31 | ₹2.00 | annually | 2024-09-06 |
2023-08-14 | ₹1.50 | annually | 2023-09-22 |
2022-07-25 | ₹1.00 | annually | 2022-08-27 |
2021-09-08 | ₹0.80 | annually | 2021-10-27 |
2020-09-18 | ₹0.50 | annually | 2020-10-27 |
2019-09-26 | ₹1.00 | annually | 2019-10-30 |
2018-09-12 | ₹1.00 | annually | 2018-10-24 |
2017-09-21 | ₹0.80 | annually | 2017-10-29 |
2016-09-19 | ₹0.70 | annually | |
2015-09-21 | ₹0.70 | annually | 2015-10-29 |
2012-09-21 | ₹0.50 | annually | 2012-10-27 |
2008-09-18 | ₹0.80 | annually | 2008-11-01 |
Kamdhenu Dividend per year
Kamdhenu Dividend growth
Kamdhenu Dividend Yield
Kamdhenu current trailing twelve-month (TTM) dividend yield is 0.38%. Interested in purchasing Kamdhenu stock? Use our calculator to estimate your expected dividend yield:
Kamdhenu Financial Ratios
Kamdhenu Dividend FAQ
Other factors to consider when evaluating Kamdhenu 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: Kamdhenu'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, Kamdhenu 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, Kamdhenu 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 Kamdhenu 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: Kamdhenu 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, Kamdhenu distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kamdhenu 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 Kamdhenu'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 Kamdhenu'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.