Mazda Limited operates as an engineering company in India. It operates in two segments, Engineering Division and Food Division. The company offers vacuum systems, including steam jet boosters and ejectors; steam jet air ejector systems; combination vacuum systems of steam jet ejectors and liquid ring vacuum pumps; combination vacuum systems of steam jet ejectors and liquid jet ejectors; thermocompressors; liquid jet ejectors; air jet ejectors; vapor and gas jet ejectors/systems; steam jet liquid ejectors; liquid jet liquid ejectors; steam jet liquid heaters and mixers; single/double stage liquid ring vacuum pumps; and hotshot mechanical automatic pumps. It also provides evaporators, such as falling/rising film evaporators, forced circulation evaporators, combination type evaporators, OSLO crystallizers, pilot plants, agitated thin film dryers, and stripper systems; and chillers comprising vapor absorption machines/heat pumps and chiller vector systems. In addition, the company offers heat transfer products that include condensing systems, steam surface condensers, steam jet air ejector systems, gland vent condensers, dump condensers, feed water heaters, oil coolers, shell and tube heat exchangers, flash tanks, and pressure vessels. Further, it provides air pollution control equipment, which comprise jet venturi fume, high energy fume, and packed tower scrubbers, as well as food products. The company also exports its products to approximately 40 countries including the United States, Europe, and internationally. It serves the chemicals and pesticides, drugs and pharmaceuticals, dye and intermediates, edible oil refining, ethylene-glycol-motive fluid, fertilizers, petroleum refinery, petro chemicals, power, steel, and vegetable oil industries. Mazda Limited was incorporated in 1990 and is based in Ahmedabad, India.
Mazda Dividend Announcement
• Mazda announced a annually dividend of ₹16.00 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-22
• Mazda annual dividend for 2024 was ₹16.00
• Mazda annual dividend for 2023 was ₹14.00
• Mazda's trailing twelve-month (TTM) dividend yield is 1.15%
• Mazda's dividend growth over the last five years (2018-2023) was 11.57% year
Mazda Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | ₹16.00 | annually | 2024-09-20 |
2023-09-07 | ₹14.00 | annually | 2023-10-22 |
2022-09-14 | ₹12.10 | annually | 2022-10-28 |
2021-09-08 | ₹11.00 | annually | 2021-10-17 |
2020-09-16 | ₹2.50 | annually | 2020-10-25 |
2020-02-20 | ₹7.50 | annually | 2020-03-14 |
2019-09-12 | ₹9.00 | annually | 2019-10-26 |
2018-08-14 | ₹8.10 | annually | 2018-10-04 |
2017-08-23 | ₹7.30 | annually | 2017-10-12 |
Mazda Dividend per year
Mazda Dividend growth
Mazda Dividend Yield
Mazda current trailing twelve-month (TTM) dividend yield is 1.15%. Interested in purchasing Mazda stock? Use our calculator to estimate your expected dividend yield:
Mazda Financial Ratios
Mazda Dividend FAQ
Other factors to consider when evaluating Mazda 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: Mazda'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, Mazda 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, Mazda 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 Mazda 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: Mazda 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, Mazda distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mazda 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 Mazda'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 Mazda'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.