KEC International Limited, together with its subsidiaries, engages in the engineering, procurement, and construction (EPC) business. It designs, manufactures, tests, supplies, and erects transmission lines on turnkey basis; and undertakes EPC projects of high voltage electrical switching and distribution substations, distribution network, optical fiber networks, telecom towers, and HV and EHV cabling project works. The company also manufactures power cables, jelly filled telecom cables, and optical fiber cables; provides railways infrastructure EPC turnkey solutions, such as construction of road over bridges, bridges, tunnels, stations, and platforms; carries out track works, such as track laying, and earthwork information; undertakes overhead electrification and traction substation works; and engages in interlocking works, and outdoor and indoor supply and installation works for signaling and telecommunication projects. In addition, it builds factories, warehouses, residential townships and buildings, commercial buildings, sewage and water treatment plants, and other civil infrastructure projects, as well as engages in the smart infrastructure activities. Further, the company provides solar EPC services that include design and engineering, project execution, project management, bid management, and project feasibility analysis for solar photovoltaic power plants. It operates in 110 countries in India, Brazil, Mexico, the United States, and internationally. KEC International Limited was founded in 1945 and is headquartered in Mumbai, India.
KEC International Dividend Announcement
• KEC International announced a annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-09-21. Ex dividend date: 2024-08-09
• KEC International annual dividend for 2024 was ₹4.00
• KEC International annual dividend for 2023 was ₹3.00
• KEC International's trailing twelve-month (TTM) dividend yield is 0.41%
• KEC International's dividend growth over the last five years (2018-2023) was 4.56% year
• KEC International's dividend growth over the last ten years (2013-2023) was 19.62% year
KEC International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-09 | ₹4.00 | annually | 2024-09-21 |
2023-07-25 | ₹3.00 | annually | 2023-09-07 |
2022-06-15 | ₹4.00 | annually | 2022-07-30 |
2021-07-19 | ₹4.00 | annually | 2021-09-02 |
2020-02-13 | ₹3.40 | annually | 2020-02-29 |
2019-07-15 | ₹2.70 | annually | 2019-08-22 |
2018-07-20 | ₹2.40 | annually | 2018-08-28 |
2017-07-18 | ₹1.60 | annually | 2017-08-25 |
2016-03-22 | ₹1.00 | annually | 2016-03-30 |
2015-07-20 | ₹0.90 | annually | 2015-08-28 |
2014-07-16 | ₹0.60 | annually | 2014-08-27 |
2013-08-07 | ₹0.50 | annually | 2013-09-20 |
KEC International Dividend per year
KEC International Dividend growth
KEC International Dividend Yield
KEC International current trailing twelve-month (TTM) dividend yield is 0.41%. Interested in purchasing KEC International stock? Use our calculator to estimate your expected dividend yield:
KEC International Financial Ratios
KEC International Dividend FAQ
Other factors to consider when evaluating KEC International 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: KEC International'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, KEC International 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, KEC International 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 KEC International 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: KEC International 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, KEC International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: KEC International 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 KEC International'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 KEC International'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.