Manaksia Limited, together with its subsidiaries, manufactures and sells metal products in India and internationally. The company offers sponge iron and value added steel products comprising cold rolled sheets used in interior and exterior panels of automobiles, buses, and commercial vehicles; galvanised corrugated sheets used in the rural housing sector and factory buildings; galvanised plain sheets used in the manufacture of containers and water tanks; and colour coated (pre-painted) coils and sheets for sale to construction, housing, consumer durable, and other industries. It also provides aluminium rolled products in coil and sheet form used in closures, bus bodies, flooring, and general engineering purposes; colour coated (pre-painted) coils and sheets for the manufacture of heat exchanger fins for air conditioners in the HVAC sector; and aluminium alloy ingots used in the steel and automotive industries. In addition, the company offers roll on pilfer proof closures for liquor and pharmaceutical sectors, as well as crown closures for beer and carbonated soft drink sectors; and kraft, brown, and fluting paper, as well as engages in the wholesale of other machinery and equipment. The company was formerly known as Hindusthan Seals Ltd. Manaksia Limited was incorporated in 1984 and is based in Kolkata, India.
Manaksia Dividend Announcement
• Manaksia announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2023-10-18. Ex dividend date: 2023-09-14
• Manaksia annual dividend for 2023 was ₹3.00
• Manaksia's trailing twelve-month (TTM) dividend yield is -%
Manaksia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-14 | ₹3.00 | annually | 2023-10-18 |
2022-11-25 | ₹3.00 | annually | 2022-12-09 |
2021-09-13 | ₹3.00 | annually | 2021-10-05 |
2020-03-05 | ₹7.50 | annually | 2020-03-18 |
2019-11-20 | ₹3.00 | annually | 2019-11-28 |
2019-02-21 | ₹3.00 | annually | 2019-03-01 |
2017-09-07 | ₹3.00 | annually | 2017-09-30 |
2015-11-10 | ₹2.00 | annually | 2015-12-07 |
2015-02-18 | ₹2.00 | annually | 2015-03-16 |
2013-08-16 | ₹2.00 | annually | 2013-09-11 |
2011-08-17 | ₹2.50 | annually | 2011-10-02 |
2010-12-15 | ₹2.40 | annually | 2011-01-27 |
2009-09-11 | ₹2.20 | annually | 2009-10-28 |
2008-08-14 | ₹2.00 | annually | 2008-10-03 |
Manaksia Dividend per year
Manaksia Dividend growth
Manaksia Dividend Yield
Manaksia current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Manaksia stock? Use our calculator to estimate your expected dividend yield:
Manaksia Financial Ratios
Manaksia Dividend FAQ
Other factors to consider when evaluating Manaksia 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: Manaksia'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, Manaksia 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, Manaksia 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 Manaksia 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: Manaksia 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, Manaksia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Manaksia 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 Manaksia'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 Manaksia'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.