Kirloskar Pneumatic Company Limited engages in the design, manufacture, and supply industrial air compressors, gas compressors, and pneumatic tools in India and internationally. It offers reciprocating open-type compressors, process refrigeration systems, and vapour absorption chillers for use in refinery and petrochemicals, chemicals, fertilizers and marine, and process cooling and air conditioning applications; reciprocating, screw, and centrifugal compressors; process gas systems, such as CNG packages and gas compression systems; and transmission products, including rail traction gears, marine gearboxes, and wind turbine and hydro turbine gearboxes. The company also provides logistic services using rail network. It serves oil and gas, power, steel, automobile, railways, chemicals and fertilizers, sugar, paper, pharmaceutical, textile, food and beverage, marine and fisheries, construction, and other industrial sectors. The company was founded in 1958 and is based in Pune, India.
Kirloskar Pneumatic Dividend Announcement
• Kirloskar Pneumatic announced a semi annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-08-19. Ex dividend date: 2024-07-12
• Kirloskar Pneumatic annual dividend for 2024 was ₹6.50
• Kirloskar Pneumatic annual dividend for 2023 was ₹5.50
• Kirloskar Pneumatic's trailing twelve-month (TTM) dividend yield is 0.4%
• Kirloskar Pneumatic's dividend growth over the last five years (2018-2023) was -14.45% year
• Kirloskar Pneumatic's dividend growth over the last ten years (2013-2023) was -21.26% year
Kirloskar Pneumatic Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | ₹4.00 | semi annually | 2024-08-19 |
2024-02-06 | ₹2.50 | semi annually | 2024-02-21 |
2023-07-12 | ₹3.00 | semi annually | 2023-08-19 |
2023-02-07 | ₹2.50 | semi annually | 2023-02-24 |
2022-07-11 | ₹2.40 | semi annually | 2022-08-19 |
2022-02-08 | ₹1.60 | semi annually | 2022-02-27 |
2021-07-09 | ₹3.50 | semi annually | 2021-08-19 |
2020-03-16 | ₹1.70 | semi annually | 2020-04-03 |
2020-02-03 | ₹1.00 | semi annually | 2020-03-24 |
2019-07-11 | ₹1.50 | semi annually | 2019-08-19 |
2019-02-01 | ₹1.00 | semi annually | 2019-02-22 |
2018-07-16 | ₹12.00 | semi annually | 2018-08-23 |
2017-07-19 | ₹50.00 | semi annually | 2017-08-26 |
2016-03-21 | ₹35.00 | semi annually | |
2015-07-21 | ₹25.00 | semi annually | |
2015-07-20 | ₹5.00 | semi annually | |
2014-07-14 | ₹50.00 | semi annually | |
2013-07-12 | ₹60.00 | semi annually |
Kirloskar Pneumatic Dividend per year
Kirloskar Pneumatic Dividend growth
Kirloskar Pneumatic Dividend Yield
Kirloskar Pneumatic current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing Kirloskar Pneumatic stock? Use our calculator to estimate your expected dividend yield:
Kirloskar Pneumatic Financial Ratios
Kirloskar Pneumatic Dividend FAQ
Other factors to consider when evaluating Kirloskar Pneumatic 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 Pneumatic'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 Pneumatic 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 Pneumatic 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 Pneumatic 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 Pneumatic 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 Pneumatic 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 Pneumatic 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 Pneumatic'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 Pneumatic'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.