KPIT Technologies Limited provides embedded software, artificial intelligence, and digital solutions for the automobile and mobility sector in the Americas, the United Kingdom, rest of Europe, and internationally. The company offers autonomous driving and advanced driver assistance system solutions, including system engineering; feature, algorithm, and software development; platform and software integration; verification and validation; and simulation for homologation. It also provides electric power train solutions, which include battery management systems, inverters, smart chargers, and modular and configurable VCU solutions; and K-DCP engineering toolchain, K-DCP aftersales suite, K-DCP connected diagnostics solutions, and K-DCP business integration and related services, as well as operates vehicle infotainment platform and infotainment connectivity platform for connected vehicles. In addition, the company operates AUTOSAR platform; and provides vehicle engineering and design services. The company was formerly known as KPIT Engineering Limited and changed its name to KPIT Technologies Limited in March 2019. The company was founded in 1990 and is based in Pune, India.
KPIT Technologies Dividend Announcement
• KPIT Technologies announced a semi annually dividend of ₹4.60 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-08-09
• KPIT Technologies annual dividend for 2024 was ₹6.70
• KPIT Technologies annual dividend for 2023 was ₹4.10
• KPIT Technologies's trailing twelve-month (TTM) dividend yield is 0.48%
KPIT Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-09 | ₹4.60 | semi annually | 2024-09-26 |
2024-02-09 | ₹2.10 | semi annually | 2024-02-29 |
2023-08-14 | ₹2.65 | semi annually | 2023-09-28 |
2023-02-10 | ₹1.45 | semi annually | 2023-03-03 |
2022-08-12 | ₹1.85 | semi annually | 2022-09-23 |
2022-02-10 | ₹1.25 | semi annually | 2022-03-03 |
2021-08-17 | ₹1.50 | semi annually | 2021-09-23 |
2020-03-19 | ₹0.45 | semi annually | 2020-03-27 |
2020-02-17 | ₹0.55 | semi annually | 2020-02-25 |
2019-08-20 | ₹0.75 | semi annually | 2019-09-05 |
KPIT Technologies Dividend per year
KPIT Technologies Dividend growth
KPIT Technologies Dividend Yield
KPIT Technologies current trailing twelve-month (TTM) dividend yield is 0.48%. Interested in purchasing KPIT Technologies stock? Use our calculator to estimate your expected dividend yield:
KPIT Technologies Financial Ratios
KPIT Technologies Dividend FAQ
Other factors to consider when evaluating KPIT Technologies 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: KPIT Technologies'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, KPIT Technologies 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, KPIT Technologies 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 KPIT Technologies 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: KPIT Technologies 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, KPIT Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: KPIT Technologies 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 KPIT Technologies'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 KPIT Technologies'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.