Kirloskar Ferrous Industries Limited manufactures and sells iron castings in India. The company offers pig iron, including foundry, spherodized graphite, and basic grade pig iron; and grey iron castings used to manufacture SUVs, tractors, construction equipment, and industrial engines, as well as heavy, medium, and light commercial vehicles. It serves automotive engineering, infrastructure and construction, agriculture, manufacturing, textile mills, and steel industries. The company was incorporated in 1991 and is based in Pune, India. Kirloskar Ferrous Industries Limited is a subsidiary of Kirloskar Industries Limited.
• Kirloskar Ferrous Industries announced a semi annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-22. Ex dividend date: 2024-09-13 • Kirloskar Ferrous Industries annual dividend for 2024 was ₹5.50 • Kirloskar Ferrous Industries annual dividend for 2023 was ₹5.50 • Kirloskar Ferrous Industries's trailing twelve-month (TTM) dividend yield is 0.87%
Kirloskar Ferrous Industries current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing Kirloskar Ferrous Industries stock? Use our calculator to estimate your expected dividend yield:
Kirloskar Ferrous Industries Financial Ratios
P/E ratio44.31
PEG ratio0.44
P/B ratio4.57
ROE20.91%
Payout ratio0.00%
Current ratio1.10
Quick ratio0.56
Cash Ratio0.02
Kirloskar Ferrous Industries Dividend FAQ
How much is the next Kirloskar Ferrous Industries dividend?
Kirloskar Ferrous Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Kirloskar Ferrous Industries dividend. The next Kirloskar Ferrous Industries dividend will be released in February, or July.
When is Kirloskar Ferrous Industries dividend paid?
Kirloskar Ferrous Industries pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and July. 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 Kirloskar Ferrous Industries pay?
The specific amount of Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries's dividend history.
Does Kirloskar Ferrous Industries stock pay dividends?
Yes, Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries's dividend history.
How much dividend does Kirloskar Ferrous Industries pay?
Kirloskar Ferrous Industries paid ₹5.5 in 2024, ₹5.5 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Kirloskar Ferrous Industries pay dividends?
Kirloskar Ferrous Industries 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 February, and July.
What is Kirloskar Ferrous Industries's dividend yield?
The current dividend yield for Kirloskar Ferrous Industries is 0.87%. 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 Kirloskar Ferrous Industries's exact dividend yield.
When does Kirloskar Ferrous Industries go ex dividend?
Kirloskar Ferrous Industries's ex-dividend date for the latest dividend was on 2024-09-13. Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries dividend paid?
Kirloskar Ferrous Industries pays dividends on a semi annually basis, typically around February, or July, but the exact dates can vary each year.
Will Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries dividend per share?
Kirloskar Ferrous Industries paid ₹5.5 per share in 2024 and ₹5.5 per share in 2023. The amount of dividend per share that Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries a dividend stock?
Yes, Kirloskar Ferrous Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Kirloskar Ferrous Industries a good dividend stock?
Whether Kirloskar Ferrous Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Kirloskar Ferrous Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Kirloskar Ferrous 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.
Does Kirloskar Ferrous Industries pay dividends monthly?
Kirloskar Ferrous Industries typically pays dividends on a semi annually basis.
Does Kirloskar Ferrous Industries pay dividends quarterly?
Kirloskar Ferrous Industries currently pays dividends on a semi annually basis.
Has Kirloskar Ferrous Industries ever paid a dividend?
Yes, Kirloskar Ferrous Industries has a history of paying dividends to its shareholders. Kirloskar Ferrous Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Kirloskar Ferrous Industries dividend stocks?
To buy Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries pay dividends 2024?
Kirloskar Ferrous Industries pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-22. 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 Kirloskar Ferrous Industries increase its dividend in 2024?
Decisions regarding Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries dividend overview you can look into the above table of dividend history.
How Kirloskar Ferrous Industries dividend works?
The Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries's dividend process works:
1. Determination of Dividend: Kirloskar Ferrous 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, Kirloskar Ferrous 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, Kirloskar Ferrous 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 Kirloskar Ferrous 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.
How are Kirloskar Ferrous Industries dividends paid?
Kirloskar Ferrous Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Kirloskar Ferrous 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, Kirloskar Ferrous 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: Kirloskar Ferrous 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.
How many times does Kirloskar Ferrous Industries pay dividends?
Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries pay dividends?
The general pattern is that Kirloskar Ferrous Industries pays dividends around February, and July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Kirloskar Ferrous Industries dividend safe?
The safety of Kirloskar Ferrous Industries'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 Kirloskar Ferrous 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 Kirloskar Ferrous 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.