Kirloskar Brothers Limited provides fluid management solutions in India and internationally. The company manufactures various pumps, including utility, solid handling, process, split-case, multi-stage, sump, vertical inline and turbine, non-clog submersible, special engineered, hydro turbines and PAT, and submersible pumps; and sluice/gate, non-return/check, globe, air, ball, suction diffuser, triple duty, and butterfly valves. It also provides hydro turbines comprising PAT, PICO, Kaplan, Francis, and Pelton turbines; and hydro-pneumatic, boiler feed, and firefighting pumping systems, as well as heating, ventilation, and air conditioning systems. In addition, the company offers steel castings for various industries, such as power, mining, cement, heavy engineering application, sugar, etc.; stators, rotors, and electric motors, as well as installs SPP pumps and systems; manufactures and sells head multi-stage and rubber lined slurry pumps, and white metal lined bearings; and sells centrifugal, fire-fighting, and water and wastewater pumps. Further, it is involved in the manufacture of API, non-API, and auto-prime pumps; bare shaft and packaged pump sets; provision of solutions for HVAC, fire protection, turf irrigation, etc., as well as upgrade, repair and maintenance, and technical support services. The company serves chemical and pharma, sugar, steel, cement, coal and mining, paper, food and beverages, textile, tire, building and construction, oil and gas, power, marine and defense, irrigation, pumps retail, and water resource management markets through a network of dealers and distributors. Kirloskar Brothers Limited was founded in 1888 and is headquartered in Pune, India.
Kirloskar Brothers Dividend Announcement
• Kirloskar Brothers announced a annually dividend of ₹6.00 per ordinary share which will be made payable on 2024-08-31. Ex dividend date: 2024-07-26
• Kirloskar Brothers annual dividend for 2024 was ₹6.00
• Kirloskar Brothers annual dividend for 2023 was ₹4.50
• Kirloskar Brothers's trailing twelve-month (TTM) dividend yield is 0.31%
• Kirloskar Brothers's dividend growth over the last five years (2018-2023) was 12.47% year
• Kirloskar Brothers's dividend growth over the last ten years (2013-2023) was 8.45% year
Kirloskar Brothers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | ₹6.00 | annually | 2024-08-31 |
2023-07-25 | ₹4.50 | annually | 2023-08-30 |
2022-08-02 | ₹3.00 | annually | 2022-09-08 |
2021-08-26 | ₹3.00 | annually | 2021-10-09 |
2020-09-17 | ₹0.50 | annually | 2020-10-24 |
2020-02-27 | ₹2.00 | annually | 2020-03-15 |
2019-08-01 | ₹2.50 | annually | 2019-08-16 |
2018-07-12 | ₹2.50 | annually | 2018-08-26 |
2017-07-13 | ₹1.00 | annually | 2017-08-26 |
2016-03-21 | ₹0.50 | annually | 2016-03-30 |
2015-07-16 | ₹0.50 | annually | 2015-08-26 |
2014-07-16 | ₹2.50 | annually | 2014-10-25 |
2013-07-18 | ₹2.00 | annually | 2013-08-08 |
Kirloskar Brothers Dividend per year
Kirloskar Brothers Dividend growth
Kirloskar Brothers Dividend Yield
Kirloskar Brothers current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Kirloskar Brothers stock? Use our calculator to estimate your expected dividend yield:
Kirloskar Brothers Financial Ratios
Kirloskar Brothers Dividend FAQ
Other factors to consider when evaluating Kirloskar Brothers 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: Kirloskar Brothers'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, Kirloskar Brothers 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, Kirloskar Brothers 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 Kirloskar Brothers 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: Kirloskar Brothers 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, Kirloskar Brothers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kirloskar Brothers 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 Kirloskar Brothers'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 Kirloskar Brothers'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.