KEI Industries Limited manufactures and supplies wires and cables in India. The company operates through three segments: Cable; Engineering, Procurement and Construction; and Stainless Steel Wire. It offers extra-high voltage (EHV), high tension, and low-tension power cables; control and instrumentation cables; specialty, single-core, and multi-core flexible cables; rubber and solar cables; fire survival/resistant cables; communication and thermocouple cables; and submersible marine and offshore cables, as well as stainless steel, winding, and house wires. The company also provides engineering and construction solutions in the areas of gas-insulated and air-insulated substations; overhead and underground power transmission and distribution systems; and railway electrification/ substation on a turnkey basis, as well as project management services. It exports its products to approximately 50 countries. The company's products are used in power, oil refineries, railways, automobiles, cement, steel, fertilizers, textiles, Real Estate, and other sectors. KEI Industries Limited was founded in 1968 and is headquartered in New Delhi, India.
KEI Industries Dividend Announcement
• KEI Industries announced a annually dividend of ₹3.50 per ordinary share which will be made payable on . Ex dividend date: 2024-03-19
• KEI Industries annual dividend for 2024 was ₹3.50
• KEI Industries annual dividend for 2023 was ₹3.00
• KEI Industries's trailing twelve-month (TTM) dividend yield is 0.09%
• KEI Industries's dividend growth over the last five years (2018-2023) was 24.57% year
• KEI Industries's dividend growth over the last ten years (2013-2023) was 31.10% year
KEI Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-19 | ₹3.50 | annually | |
2023-02-03 | ₹3.00 | annually | 2023-02-22 |
2022-02-07 | ₹2.50 | annually | 2022-02-26 |
2021-03-09 | ₹2.00 | annually | 2021-03-28 |
2020-03-19 | ₹1.50 | annually | 2020-04-08 |
2019-09-06 | ₹1.20 | annually | 2019-10-17 |
2018-09-11 | ₹1.00 | annually | 2018-10-19 |
2017-07-11 | ₹0.60 | annually | 2017-08-18 |
2016-08-29 | ₹0.50 | annually | |
2015-09-08 | ₹0.40 | annually | 2015-10-16 |
2014-09-11 | ₹0.20 | annually | 2014-10-19 |
2013-06-13 | ₹0.20 | annually | 2013-07-21 |
KEI Industries Dividend per year
KEI Industries Dividend growth
KEI Industries Dividend Yield
KEI Industries current trailing twelve-month (TTM) dividend yield is 0.09%. Interested in purchasing KEI Industries stock? Use our calculator to estimate your expected dividend yield:
KEI Industries Financial Ratios
KEI Industries Dividend FAQ
Other factors to consider when evaluating KEI Industries 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: KEI Industries'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, KEI Industries 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, KEI Industries 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 KEI Industries 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: KEI Industries 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, KEI Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: KEI Industries 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 KEI Industries'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 KEI Industries'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.