Kirloskar Pneumatic Co. Ltd. engages in the manufacture and sale of air compressors and pneumatic tools. It operates through the Compression Systems segment. The Compression Systems segment designs and supplies air, gas, and refrigeration compressors, as well as packages and systems. The company was founded by Shantanurao L. Kirloskar on March 26, 1958 and is headquartered in Pune, India.
Kirloskar Pneumatic Co Dividend Announcement
• Kirloskar Pneumatic Co 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 Co annual dividend for 2024 was ₹6.50
• Kirloskar Pneumatic Co annual dividend for 2023 was ₹3.00
• Kirloskar Pneumatic Co's trailing twelve-month (TTM) dividend yield is 0.4%
Kirloskar Pneumatic Co 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 | |
2023-07-12 | ₹3.00 | semi annually | 2023-08-19 |
Kirloskar Pneumatic Co Dividend per year
Kirloskar Pneumatic Co Dividend Yield
Kirloskar Pneumatic Co current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing Kirloskar Pneumatic Co stock? Use our calculator to estimate your expected dividend yield:
Kirloskar Pneumatic Co Financial Ratios
Kirloskar Pneumatic Co Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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