Maan Aluminium Limited engages in the manufacturing and trading of aluminum profiles, ingots, billets, and other related products in India. The company offers geometrical shapes; architectural structures, such as doors and windows, curtain walls, structural glazing products, and others; AC grills and equipment; architectural hardware; industrial products, including sign and display, electricals, transport and automotive, louver, luggage, carrier, and other industrial products; and solar panels. It also trades in ingots and billets, and non-ferrous scrap; and anodizes and fabricates profiles. The company serves automobiles, agriculture, rail and road transport, building and construction, heavy engineering, architecture, electronics, solar energy, and defense industries. It also exports its products. The company was formerly known as Man Aluminium Limited. Maan Aluminium Limited was founded in 1989 and is based in New Delhi, India.
Maan Aluminium Dividend Announcement
• Maan Aluminium announced a quarterly dividend of ₹0.50 per ordinary share which will be made payable on 2023-03-04. Ex dividend date: 2023-02-16
• Maan Aluminium annual dividend for 2023 was ₹0.50
• Maan Aluminium's trailing twelve-month (TTM) dividend yield is -%
Maan Aluminium Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-02-16 | ₹0.50 | quarterly | 2023-03-04 |
2022-11-18 | ₹0.50 | quarterly | 2022-12-05 |
2022-08-12 | ₹0.50 | quarterly | 2022-08-21 |
2022-02-18 | ₹0.50 | quarterly | 2022-03-14 |
2020-11-19 | ₹0.50 | quarterly | 2020-12-10 |
2020-02-18 | ₹0.50 | quarterly | 2020-02-27 |
2018-11-20 | ₹0.50 | quarterly | 2018-12-14 |
2018-04-05 | ₹0.50 | quarterly | 2018-04-25 |
2016-11-21 | ₹0.50 | quarterly | 2016-12-14 |
2016-06-23 | ₹0.25 | quarterly | 2016-07-02 |
2011-09-19 | ₹0.50 | quarterly | 2011-10-30 |
2010-09-17 | ₹0.50 | quarterly | 2010-10-30 |
2008-09-18 | ₹0.50 | quarterly | 2008-11-01 |
Maan Aluminium Dividend per year
Maan Aluminium Dividend growth
Maan Aluminium Dividend Yield
Maan Aluminium current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Maan Aluminium stock? Use our calculator to estimate your expected dividend yield:
Maan Aluminium Financial Ratios
Maan Aluminium Dividend FAQ
Other factors to consider when evaluating Maan Aluminium 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: Maan Aluminium'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, Maan Aluminium 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, Maan Aluminium 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 Maan Aluminium 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: Maan Aluminium 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, Maan Aluminium distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Maan Aluminium 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 Maan Aluminium'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 Maan Aluminium'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.