Kirloskar Oil Engines Limited manufactures and distributes diesel engines, agricultural pump sets, electric pump sets, power tillers, generating sets, and spares in India and internationally. The company offers air-cooled and water-cooled engines, and diesel generating sets; and petrol generators used for power back-up in industrial, residential, and commercial establishments. It sells its products under the KOEL i-Green and KOEL Chhota Chilli brands. The company also provides industrial engines for applications in various sectors, such as earth moving, construction, mining, material handling, fluid handling, marine, and off-shore; diesel engines and pump sets for agriculture applications; diesel generating sets for stationary power plants; and marine main propulsion engines and auxiliary generating sets. In addition, it offers financial services. The company serves service industries, such as telecom, IT/ITES, BPO, shopping malls, hotels, hospitals, and banks; educational and financial institutions; infrastructure projects, including airports, roads, bridges, residential and commercial complexes, townships, high-rise buildings, and others; and other industries comprising engineering, manufacturing, FMCG, automobile and auto ancillaries, textile, pharmaceuticals, dairy, and food processing; and defense agencies, such as the air force, army, and navy, as well as the coast guard. The company was formerly known as Kirloskar Engines India Limited and changed its name to Kirloskar Oil Engines Limited in March 2010. Kirloskar Oil Engines Limited was founded in 1946 and is based in Pune, India.
Kirloskar Oil Engines Dividend Announcement
• Kirloskar Oil Engines announced a semi annually dividend of ₹3.50 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-01
• Kirloskar Oil Engines annual dividend for 2024 was ₹6.00
• Kirloskar Oil Engines annual dividend for 2023 was ₹5.00
• Kirloskar Oil Engines's trailing twelve-month (TTM) dividend yield is 0.54%
Kirloskar Oil Engines Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | ₹3.50 | semi annually | 2024-09-06 |
2024-02-23 | ₹2.50 | semi annually | 2024-03-12 |
2023-08-04 | ₹2.50 | semi annually | 2023-09-10 |
2023-02-23 | ₹2.50 | semi annually | 2023-03-10 |
2022-08-03 | ₹2.50 | semi annually | 2022-09-09 |
2022-02-21 | ₹1.50 | semi annually | 2022-03-10 |
2021-08-04 | ₹2.50 | semi annually | 2021-09-10 |
2021-03-17 | ₹1.50 | semi annually | 2021-04-03 |
2020-03-18 | ₹4.00 | semi annually | 2020-04-04 |
2019-08-01 | ₹2.50 | semi annually | 2019-08-29 |
2019-02-06 | ₹2.50 | semi annually | 2019-02-23 |
2018-08-02 | ₹2.50 | semi annually | 2018-08-30 |
2018-02-01 | ₹2.50 | semi annually | 2018-02-17 |
2017-07-27 | ₹5.00 | semi annually | 2017-08-28 |
2016-03-18 | ₹5.00 | semi annually | 2016-03-29 |
2015-07-30 | ₹5.00 | semi annually | 2015-08-31 |
2014-08-01 | ₹5.00 | semi annually | |
2013-07-16 | ₹5.00 | semi annually | 2013-08-06 |
Kirloskar Oil Engines Dividend per year
Kirloskar Oil Engines Dividend growth
Kirloskar Oil Engines Dividend Yield
Kirloskar Oil Engines current trailing twelve-month (TTM) dividend yield is 0.54%. Interested in purchasing Kirloskar Oil Engines stock? Use our calculator to estimate your expected dividend yield:
Kirloskar Oil Engines Financial Ratios
Kirloskar Oil Engines Dividend FAQ
Other factors to consider when evaluating Kirloskar Oil Engines 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 Oil Engines'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 Oil Engines 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 Oil Engines 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 Oil Engines 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 Oil Engines 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 Oil Engines 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 Oil Engines 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 Oil Engines'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 Oil Engines'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.