Kennametal India Limited engages in the manufacture and trading of in hard metal products and machine tools in India, Germany, the United States, China, and internationally. The company operates in two segments, Hard Metal Products and Machining Solutions Group. It offers metalworking and metal cutting tools, such as indexable and solid end milling, drilling, hole making, turning, threading, tool holders and adapters, spare parts, rods and preforms, and tooling system applications; road rehabilitation and trenching services, foundation drilling, and recycling; industrial nozzles and abrasive flow products; surface mining products; underground mining; and wear protection products. The company also provides thermal spray and hardfacing consumables, tungsten carbide powders, tungsten powders, ready to press powders, and powders for diamond tooling and drilling; wear resistant coatings in areas of cloth and slurry based cladding to petrochemical and refining solutions, plastics, food and feed, power generation, oil and gas, and general industries; Sintec ceramics solutions comprising evaporator boats, intermetallic composites, boron nitride and ceramic components, ceramic powders, and boron nitride suspensions, pastes, and sprays; stellite products; carbide rods and blanks, which include toolmaker and metal forming blanks; carbide wear parts; additive manufacturing services; and PCD tooling. It serves aerospace, additive manufacturing, earthworks, energy, transportation, general engineering, medical, defense, and machine tool industries. The company was incorporated in 1964 and is based in Bengaluru, India. Kennametal India Limited is a subsidiary of Meturit AG.
Kennametal India Dividend Announcement
• Kennametal India announced a semi annually dividend of ₹30.00 per ordinary share which will be made payable on 2024-11-23. Ex dividend date: 2024-10-17
• Kennametal India annual dividend for 2024 was ₹60.00
• Kennametal India annual dividend for 2023 was ₹20.00
• Kennametal India's trailing twelve-month (TTM) dividend yield is 2.05%
Kennametal India Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-17 | ₹30.00 | semi annually | 2024-11-23 |
| 2024-05-22 | ₹30.00 | semi annually | 2024-06-08 |
| 2023-05-25 | ₹20.00 | semi annually | 2023-06-11 |
| 2017-05-18 | ₹2.00 | semi annually | 2017-06-08 |
| 2016-05-19 | ₹2.00 | semi annually | |
| 2015-06-22 | ₹2.00 | semi annually | |
| 2012-05-24 | ₹25.00 | semi annually | |
| 2011-06-15 | ₹35.00 | semi annually | |
| 2010-05-17 | ₹13.00 | semi annually | |
| 2006-06-19 | ₹30.00 | semi annually | |
| 2005-10-14 | ₹3.00 | semi annually | |
| 2002-04-10 | ₹0.50 | semi annually | |
| 2001-12-03 | ₹1.00 | semi annually | |
| 2001-05-14 | ₹0.50 | semi annually |
Kennametal India Dividend per year
Kennametal India Dividend growth
Kennametal India Dividend Yield
Kennametal India current trailing twelve-month (TTM) dividend yield is 2.05%. Interested in purchasing Kennametal India stock? Use our calculator to estimate your expected dividend yield:
Kennametal India Financial Ratios
P/E ratio58.26
PEG ratio-5.08
P/B ratio8.78
ROE15.33%
Payout ratio0.00%
Current ratio3.18
Quick ratio1.77
Cash Ratio0.59
Kennametal India Dividend FAQ
How much is the next Kennametal India dividend?
Kennametal India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Kennametal India dividend. The next Kennametal India dividend will be released in May.
When is Kennametal India dividend paid?
Kennametal India pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Kennametal India pay?
The specific amount of Kennametal India dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Kennametal India's dividend history.
Does Kennametal India stock pay dividends?
Yes, Kennametal India does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Kennametal India's dividend history.
How much dividend does Kennametal India pay?
Kennametal India paid ₹60.0 in 2024, ₹20.0 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Kennametal India pay dividends?
Kennametal India typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May.
What is Kennametal India's dividend yield?
The current dividend yield for Kennametal India is 2.05%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Kennametal India's exact dividend yield.
When does Kennametal India go ex dividend?
Kennametal India's ex-dividend date for the latest dividend was on 2024-10-17. Kennametal India typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Kennametal India dividend paid?
Kennametal India pays dividends on a semi annually basis, typically around May, but the exact dates can vary each year.
Will Kennametal India increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Kennametal India will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Kennametal India dividend per share?
Kennametal India paid ₹60.0 per share in 2024 and ₹20.0 per share in 2023. The amount of dividend per share that Kennametal India pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Kennametal India a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Kennametal India a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Kennametal India a dividend stock?
Yes, Kennametal India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Kennametal India a good dividend stock?
Whether Kennametal India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Kennametal India has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Kennametal India 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.
Other factors to consider when evaluating Kennametal India 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.
Does Kennametal India pay dividends monthly?
Kennametal India typically pays dividends on a semi annually basis.
Does Kennametal India pay dividends quarterly?
Kennametal India currently pays dividends on a semi annually basis.
Has Kennametal India ever paid a dividend?
Yes, Kennametal India has a history of paying dividends to its shareholders. Kennametal India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Kennametal India dividend stocks?
To buy Kennametal India you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Kennametal India stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Kennametal India stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Kennametal India pay dividends 2024?
Kennametal India pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Kennametal India increase its dividend in 2024?
Decisions regarding Kennametal India dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Kennametal India dividend overview you can look into the above table of dividend history.
How Kennametal India dividend works?
The Kennametal India dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Kennametal India's dividend process works:
1. Determination of Dividend: Kennametal India'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, Kennametal India 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, Kennametal India 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 Kennametal India 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. Determination of Dividend: Kennametal India'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, Kennametal India 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, Kennametal India 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 Kennametal India 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.
How are Kennametal India dividends paid?
Kennametal India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Kennametal India 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, Kennametal India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kennametal India 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.
1. Record Date: Kennametal India 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, Kennametal India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kennametal India 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.
How many times does Kennametal India pay dividends?
Kennametal India typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Kennametal India pay dividends?
The general pattern is that Kennametal India pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Kennametal India dividend safe?
The safety of Kennametal India's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Kennametal India'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 Kennametal India'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.
To assess the safety of Kennametal India'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 Kennametal India'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.