McNally Bharat Engineering Company Limited primarily engages in engineering, procurement, and construction businesses in India. It operates through two segments, Turnkey Engineering and Other Engineering Services. The company offers its turnkey solutions in the areas of power, steel, coal and mining, ports, aluminum, material handling, mineral processing, cement, water, pyro processing, pneumatic handling of powdered materials, coal washing, port cranes, cement, civic, industrial water supply, and oil and gas sectors, as well as for infrastructure sectors, such as buildings and townships, high rises, roads, metro, rail etc. It also manufactures a range of products, including crushers and screeners, mobile crushing and screening plants, skid mounted coal sizers, mills, pressure vessels, material handling equipment, and steel plant equipment, as well as process equipment, such as flotation cells, thickeners, slurry pumps, etc. The company was formerly known as McNally-Bird Engineering Company Limited and changed its name to McNally Bharat Engineering Company Limited in 1972. McNally Bharat Engineering Company Limited was incorporated in 1961 and is headquartered in Kolkata, India.
McNally Bharat Engineering Dividend Announcement
• McNally Bharat Engineering announced a annually dividend of ₹0.05 per ordinary share which will be made payable on 2013-10-25. Ex dividend date: 2013-09-18
• McNally Bharat Engineering's trailing twelve-month (TTM) dividend yield is -%
McNally Bharat Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2013-09-18 | ₹0.05 | annually | 2013-10-25 |
2012-09-13 | ₹0.05 | annually | 2012-10-26 |
2011-09-15 | ₹0.10 | annually | 2011-10-20 |
2010-09-22 | ₹0.07 | annually | 2010-10-30 |
2009-11-12 | ₹0.06 | annually | 2009-12-23 |
2008-09-08 | ₹0.05 | annually | 2008-10-01 |
2007-09-03 | ₹0.05 | annually |
McNally Bharat Engineering Dividend per year
McNally Bharat Engineering Dividend growth
McNally Bharat Engineering Dividend Yield
McNally Bharat Engineering current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing McNally Bharat Engineering stock? Use our calculator to estimate your expected dividend yield:
McNally Bharat Engineering Financial Ratios
McNally Bharat Engineering Dividend FAQ
Other factors to consider when evaluating McNally Bharat Engineering 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: McNally Bharat Engineering'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, McNally Bharat Engineering 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, McNally Bharat Engineering 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 McNally Bharat Engineering 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: McNally Bharat Engineering 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, McNally Bharat Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: McNally Bharat Engineering 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 McNally Bharat Engineering'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 McNally Bharat Engineering'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.