Menon Bearings Limited engages in the manufacture and sale of auto components in India. Its bearing products include bi-metal engine bearings; bushes and thrust washers for light and heavy automobile engines, and two-wheeler engines; and compressors for refrigerators, air conditioners, etc. The company also provides high pressure aluminum die cast and machined components, such as motor end shields, compressor bearing connecting rods, engine components, gear case covers, and clutch assemblies; cylinder heads and brake parts; and engine parts, portable tools, fuel pump parts, pressure and temperature transmitter parts, explosion proof parts, and gravity die cast parts. Its products are used in various applications, which include automotive engines, compressors, generators, stationary and marine engines, and agricultural earthmovers and tillers. The company also exports its products to the United States, Japan, the United Kingdom, Italy, France, China, Mexico, Brazil, Belgium, etc. Menon Bearings Limited was incorporated in 1991 and is based in Kolhapur, India.
Menon Bearings Dividend Announcement
• Menon Bearings announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-08-01. Ex dividend date: 2024-07-26
• Menon Bearings annual dividend for 2024 was ₹2.00
• Menon Bearings annual dividend for 2023 was ₹2.25
• Menon Bearings's trailing twelve-month (TTM) dividend yield is 1.71%
• Menon Bearings's dividend growth over the last five years (2018-2023) was 5.15% year
Menon Bearings Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-26 | ₹2.00 | annually | 2024-08-01 |
| 2023-07-24 | ₹2.25 | annually | 2023-08-14 |
| 2022-07-27 | ₹2.00 | annually | 2022-08-12 |
| 2021-10-27 | ₹2.00 | annually | 2021-11-12 |
| 2021-02-03 | ₹1.50 | annually | 2021-02-18 |
| 2020-03-20 | ₹1.25 | annually | 2020-03-31 |
| 2019-07-26 | ₹1.25 | annually | 2019-08-06 |
| 2018-10-31 | ₹1.50 | annually | 2018-11-13 |
| 2018-07-12 | ₹0.25 | annually | 2018-08-05 |
| 2017-11-16 | ₹0.50 | annually | 2017-11-28 |
| 2017-07-31 | ₹0.75 | annually | 2017-08-10 |
| 2017-02-16 | ₹1.00 | annually | 2017-02-27 |
| 2016-03-17 | ₹1.00 | annually | 2016-03-29 |
| 2015-07-06 | ₹0.80 | annually | 2015-08-13 |
Menon Bearings Dividend per year
Menon Bearings Dividend growth
Menon Bearings Dividend Yield
Menon Bearings current trailing twelve-month (TTM) dividend yield is 1.71%. Interested in purchasing Menon Bearings stock? Use our calculator to estimate your expected dividend yield:
Menon Bearings Financial Ratios
P/E ratio27.28
PEG ratio4.32
P/B ratio4.45
ROE16.79%
Payout ratio0.00%
Current ratio2.04
Quick ratio1.59
Cash Ratio0.44
Menon Bearings Dividend FAQ
How much is the next Menon Bearings dividend?
Menon Bearings's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Menon Bearings dividend. The next Menon Bearings dividend will be released in July.
When is Menon Bearings dividend paid?
Menon Bearings pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Menon Bearings pay?
The specific amount of Menon Bearings 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 Menon Bearings's dividend history.
Does Menon Bearings stock pay dividends?
Yes, Menon Bearings 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 Menon Bearings's dividend history.
How much dividend does Menon Bearings pay?
Menon Bearings paid ₹2.0 in 2024, ₹2.25 in 2023, ₹2.0 in 2022, ₹3.5 in 2021, and ₹1.25 in 2020.
How often does Menon Bearings pay dividends?
Menon Bearings 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 July.
What is Menon Bearings's dividend yield?
The current dividend yield for Menon Bearings is 1.71%. 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 Menon Bearings's exact dividend yield.
When does Menon Bearings go ex dividend?
Menon Bearings's ex-dividend date for the latest dividend was on 2024-07-26. Menon Bearings 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 Menon Bearings dividend paid?
Menon Bearings pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Menon Bearings 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 Menon Bearings 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 Menon Bearings dividend per share?
Menon Bearings paid ₹2.0 per share in 2024 and ₹2.25 per share in 2023. The amount of dividend per share that Menon Bearings 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 Menon Bearings 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 Menon Bearings 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 Menon Bearings a dividend stock?
Yes, Menon Bearings is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Menon Bearings a good dividend stock?
Whether Menon Bearings is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Menon Bearings has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Menon Bearings 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.
Other factors to consider when evaluating Menon Bearings 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 Menon Bearings pay dividends monthly?
Menon Bearings typically pays dividends on a annually basis.
Does Menon Bearings pay dividends quarterly?
Menon Bearings currently pays dividends on a annually basis.
Has Menon Bearings ever paid a dividend?
Yes, Menon Bearings has a history of paying dividends to its shareholders. Menon Bearings is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Menon Bearings dividend stocks?
To buy Menon Bearings 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 Menon Bearings 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.
Place an order: Use the brokerage's trading platform to place an order to buy Menon Bearings 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 Menon Bearings pay dividends 2024?
Menon Bearings pays dividends on a annually basis. 2024 dividend payments are in 2024-08-01. 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 Menon Bearings increase its dividend in 2024?
Decisions regarding Menon Bearings 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 Menon Bearings dividend overview you can look into the above table of dividend history.
How Menon Bearings dividend works?
The Menon Bearings 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 Menon Bearings's dividend process works:
1. Determination of Dividend: Menon Bearings'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, Menon Bearings 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, Menon Bearings 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 Menon Bearings 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. Determination of Dividend: Menon Bearings'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, Menon Bearings 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, Menon Bearings 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 Menon Bearings 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 Menon Bearings dividends paid?
Menon Bearings dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Menon Bearings 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, Menon Bearings distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Menon Bearings 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.
1. Record Date: Menon Bearings 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, Menon Bearings distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Menon Bearings 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 Menon Bearings pay dividends?
Menon Bearings 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 Menon Bearings pay dividends?
The general pattern is that Menon Bearings pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Menon Bearings dividend safe?
The safety of Menon Bearings'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 Menon Bearings'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 Menon Bearings'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.
To assess the safety of Menon Bearings'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 Menon Bearings'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.