Man Industries (India) Limited manufactures, processes, and trades in submerged arc welded pipes and steel products in India. The company offers longitudinal submerged arc welded line pipes for use in oil, gas, petrochemicals, fertilizers, and dredging sectors; and helically submerged arc welded line pipes for use in oil and gas transportation, water supply, sewerage, agriculture, and construction, as well as for high pressure applications. It provides various options of coating systems, which include internal blasting and painting, concrete weight coating, and coal tar enamel, as well as single layer fusion bonded epoxy, 3 Layer polyethylene, and 3 layer polypropylene coating systems. It also exports its products. Man Industries (India) Limited was incorporated in 1988 and is based in Mumbai, India.
Man Industries Dividend Announcement
• Man Industries announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2023-09-06. Ex dividend date: 2023-08-14
• Man Industries annual dividend for 2023 was ₹2.00
• Man Industries's trailing twelve-month (TTM) dividend yield is -%
Man Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-14 | ₹2.00 | annually | 2023-09-06 |
2022-04-28 | ₹2.00 | annually | 2022-05-21 |
2020-11-03 | ₹2.00 | annually | 2020-11-26 |
2020-03-19 | ₹1.00 | annually | 2020-04-11 |
2019-09-19 | ₹1.50 | annually | 2019-10-27 |
2018-09-19 | ₹1.50 | annually | 2018-10-28 |
2017-09-19 | ₹1.50 | annually | 2017-10-27 |
2016-09-15 | ₹1.50 | annually | 2016-10-23 |
2015-12-18 | ₹1.50 | annually | |
2014-09-18 | ₹1.00 | annually | 2014-10-25 |
2013-10-23 | ₹2.00 | annually | 2013-11-29 |
2012-08-22 | ₹2.00 | annually | 2012-09-26 |
2011-12-15 | ₹2.00 | annually | 2012-01-22 |
Man Industries Dividend per year
Man Industries Dividend growth
Man Industries Dividend Yield
Man Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Man Industries stock? Use our calculator to estimate your expected dividend yield:
Man Industries Financial Ratios
Man Industries Dividend FAQ
Other factors to consider when evaluating Man Industries 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: Man Industries'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, Man Industries 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, Man Industries 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 Man Industries 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: Man Industries 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, Man Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Man Industries 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 Man Industries'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 Man Industries'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.