Modison Limited manufactures and sells electrical contacts for low, medium, and high voltage switchgear industries in India and internationally. The company provides electrical contacts for low voltage applications, including silver tin oxide, silver/steel/Ni/cupro nickel backed, solid/bimetal, silver tungsten and silver tungsten carbide contacts; silver cadmium oxide modurit; silver brazing alloys; fine silver-powder/granules; silver graphites; and silver inlays/edgelays/overlays/through lays/toplays in copper/brass. It also offers electrical contacts for medium and high voltage applications, such as dispersion strengthened copper, eutectic brazing alloys for vacuum, copper chromium discs, cast on plugs and segments, copper chromium zirconium contacts, copper tungsten, electron-beam welding, and brazed arcing contacts. In addition, the company provides precious metal compounds, including silver oxide, silver nitrate, and silver sulphate; silver cutlery; and silver bars and coins for gifts and investments. Further, it is involved in precious metals refining and recovery, silver melting and assaying, and silver plating services; and the research and development of contact materials for special applications, as well as provision of electron beam welding services. Additionally, the company offers copper chromium, copper chromium zirconium, copper zirconium, copper – HCP, copper – ETP, copper cadmium, copper berylium, copper nickel, copper tellurium, silicon bronze, and silver bearing copper. The company was formerly known as Modison Metals Limited and changed its name to Modison Limited in July 2022. Modison Limited was founded in 1965 and is headquartered in Mumbai, India.
Modison Dividend Announcement
• Modison announced a semi annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-07-23
• Modison annual dividend for 2024 was ₹2.50
• Modison annual dividend for 2023 was ₹1.00
• Modison's trailing twelve-month (TTM) dividend yield is 1.53%
• Modison's dividend growth over the last five years (2018-2023) was -7.79% year
Modison Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-23 | ₹2.00 | semi annually | 2024-08-29 |
| 2024-02-23 | ₹0.50 | semi annually | 2024-03-11 |
| 2023-07-17 | ₹1.00 | semi annually | 2023-08-24 |
| 2022-02-23 | ₹1.00 | semi annually | 2022-03-14 |
| 2021-02-11 | ₹1.50 | semi annually | 2021-03-05 |
| 2020-03-19 | ₹1.00 | semi annually | 2020-04-07 |
| 2019-07-26 | ₹0.50 | semi annually | 2019-09-05 |
| 2019-02-21 | ₹1.00 | semi annually | 2019-03-13 |
| 2018-07-27 | ₹0.50 | semi annually | 2018-09-06 |
| 2018-02-15 | ₹1.00 | semi annually | 2018-03-04 |
| 2017-03-02 | ₹1.00 | semi annually | 2017-03-19 |
Modison Dividend per year
Modison Dividend growth
Modison Dividend Yield
Modison current trailing twelve-month (TTM) dividend yield is 1.53%. Interested in purchasing Modison stock? Use our calculator to estimate your expected dividend yield:
Modison Financial Ratios
P/E ratio27.03
PEG ratio0.64
P/B ratio2.57
ROE9.69%
Payout ratio0.00%
Current ratio2.61
Quick ratio0.98
Cash Ratio0.00
Modison Dividend FAQ
How much is the next Modison dividend?
Modison's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Modison dividend. The next Modison dividend will be released in July.
When is Modison dividend paid?
Modison pays dividends on a semi 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 Modison pay?
The specific amount of Modison 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 Modison's dividend history.
Does Modison stock pay dividends?
Yes, Modison 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 Modison's dividend history.
How much dividend does Modison pay?
Modison paid ₹2.5 in 2024, ₹1.0 in 2023, ₹1.0 in 2022, ₹1.5 in 2021, and ₹1.0 in 2020.
How often does Modison pay dividends?
Modison typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around July.
What is Modison's dividend yield?
The current dividend yield for Modison is 1.53%. 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 Modison's exact dividend yield.
When does Modison go ex dividend?
Modison's ex-dividend date for the latest dividend was on 2024-07-23. Modison 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 Modison dividend paid?
Modison pays dividends on a semi annually basis, typically around July, but the exact dates can vary each year.
Will Modison 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 Modison 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 Modison dividend per share?
Modison paid ₹2.5 per share in 2024 and ₹1.0 per share in 2023. The amount of dividend per share that Modison 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 Modison 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 Modison 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 Modison a dividend stock?
Yes, Modison is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Modison a good dividend stock?
Whether Modison is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Modison has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Modison 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 Modison 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 Modison pay dividends monthly?
Modison typically pays dividends on a semi annually basis.
Does Modison pay dividends quarterly?
Modison currently pays dividends on a semi annually basis.
Has Modison ever paid a dividend?
Yes, Modison has a history of paying dividends to its shareholders. Modison is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Modison dividend stocks?
To buy Modison 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 Modison 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 Modison 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 Modison pay dividends 2024?
Modison pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-29. 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 Modison increase its dividend in 2024?
Decisions regarding Modison 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 Modison dividend overview you can look into the above table of dividend history.
How Modison dividend works?
The Modison 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 Modison's dividend process works:
1. Determination of Dividend: Modison'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, Modison 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, Modison 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 Modison 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: Modison'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, Modison 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, Modison 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 Modison 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 Modison dividends paid?
Modison dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Modison 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, Modison distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Modison 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: Modison 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, Modison distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Modison 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 Modison pay dividends?
Modison typically pays dividends on a semi 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 Modison pay dividends?
The general pattern is that Modison 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 Modison dividend safe?
The safety of Modison'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 Modison'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 Modison'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 Modison'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 Modison'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.