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Macpower CNC Machines Limited operates as a computer numerical control (CNC) manufacturing company in India. The company offers CNC turning centers for the bearing, valve, pump, tool room, automobile, process plant component, agriculture, textile, and piping industries; and vertical machining centers (VMCs) for tool rooms, die and molds, automobile, pattern, defense, power, and railways. It also provides turn mill centers for special purpose component, aeronautics, defense, agriculture, and medical applications; and vertical turret lathe for valve and motor bodies, engine liners, and railways. In addition, the company offers horizontal machining centers for automobile, die and mold, defense, aeronautics, textile, medical, and railways; drill tap centers for the electronics, automobile, and textile industries; twin head VMCs for the automobile and textile industries; and cylindrical grinders, as well as turn o' mill and twin spindle turning centers. Further, it manufactures hot air seam sealing and N-95 mask making machines. The company was incorporated in 2003 and is based in Rajkot, India.

Macpower CNC Machines Dividend Announcement

Macpower CNC Machines announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-20
Macpower CNC Machines annual dividend for 2024 was ₹1.50
Macpower CNC Machines annual dividend for 2023 was ₹1.50
Macpower CNC Machines's trailing twelve-month (TTM) dividend yield is 0.11%

Macpower CNC Machines Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-20₹1.50annually2024-09-20
2023-09-15₹1.50annually2023-10-22
2022-09-19₹1.00annually2022-10-27
2021-11-02₹0.50annually2021-11-24
2019-09-19₹0.98annually
2018-09-12₹0.98annually

Macpower CNC Machines Dividend per year

Macpower CNC Machines Dividend growth

Macpower CNC Machines Dividend Yield

Macpower CNC Machines current trailing twelve-month (TTM) dividend yield is 0.11%. Interested in purchasing Macpower CNC Machines stock? Use our calculator to estimate your expected dividend yield:

Macpower CNC Machines Financial Ratios

P/E ratio49.97
PEG ratio10.26
P/B ratio11.01
ROE30.61%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Macpower CNC Machines Dividend FAQ

How much is the next Macpower CNC Machines dividend?
Macpower CNC Machines's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Macpower CNC Machines dividend. The next Macpower CNC Machines dividend will be released in September.
When is Macpower CNC Machines dividend paid?
Macpower CNC Machines pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Macpower CNC Machines pay?
The specific amount of Macpower CNC Machines dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Macpower CNC Machines's dividend history.
Does Macpower CNC Machines stock pay dividends?
Yes, Macpower CNC Machines does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Macpower CNC Machines's dividend history.
How much dividend does Macpower CNC Machines pay?
Macpower CNC Machines paid ₹1.5 in 2024, ₹1.5 in 2023, ₹1.0 in 2022, ₹0.5 in 2021, and ₹0.0 in 2020.
How often does Macpower CNC Machines pay dividends?
Macpower CNC Machines typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Macpower CNC Machines's dividend yield?
The current dividend yield for Macpower CNC Machines is 0.11%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Macpower CNC Machines's exact dividend yield.
When does Macpower CNC Machines go ex dividend?
Macpower CNC Machines's ex-dividend date for the latest dividend was on 2024-09-20. Macpower CNC Machines typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Macpower CNC Machines dividend paid?
Macpower CNC Machines pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Macpower CNC Machines increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Macpower CNC Machines will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Macpower CNC Machines dividend per share?
Macpower CNC Machines paid ₹1.5 per share in 2024 and ₹1.5 per share in 2023. The amount of dividend per share that Macpower CNC Machines pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Macpower CNC Machines a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Macpower CNC Machines a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Macpower CNC Machines a dividend stock?
Yes, Macpower CNC Machines is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Macpower CNC Machines a good dividend stock?
Whether Macpower CNC Machines is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Macpower CNC Machines has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Macpower CNC Machines 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.
Does Macpower CNC Machines pay dividends monthly?
Macpower CNC Machines typically pays dividends on a annually basis.
Does Macpower CNC Machines pay dividends quarterly?
Macpower CNC Machines currently pays dividends on a annually basis.
Has Macpower CNC Machines ever paid a dividend?
Yes, Macpower CNC Machines has a history of paying dividends to its shareholders. Macpower CNC Machines is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Macpower CNC Machines dividend stocks?
To buy Macpower CNC Machines you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Macpower CNC Machines stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Macpower CNC Machines pay dividends 2024?
Macpower CNC Machines pays dividends on a annually basis. 2024 dividend payments are in 2024-09-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Macpower CNC Machines increase its dividend in 2024?
Decisions regarding Macpower CNC Machines dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Macpower CNC Machines dividend overview you can look into the above table of dividend history.
How Macpower CNC Machines dividend works?
The Macpower CNC Machines dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Macpower CNC Machines's dividend process works:

1. Determination of Dividend: Macpower CNC Machines'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, Macpower CNC Machines 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, Macpower CNC Machines 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 Macpower CNC Machines 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.
How are Macpower CNC Machines dividends paid?
Macpower CNC Machines dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Macpower CNC Machines 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, Macpower CNC Machines distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Macpower CNC Machines 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.
How many times does Macpower CNC Machines pay dividends?
Macpower CNC Machines typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Macpower CNC Machines pay dividends?
The general pattern is that Macpower CNC Machines pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Macpower CNC Machines dividend safe?
The safety of Macpower CNC Machines's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Macpower CNC Machines'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 Macpower CNC Machines'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.