Morganite Crucible (India) Ltd. engages in the manufacture and sale of silicon carbide and clay graphite crucibles. The firm also offers foundry products and accessories and melting solutions to foundries, die-casters, and metal melting facilities. It operates through the India and Outside India geographical segments. The Outside India segment includes Asia and Far East, Europe, Africa and Middle East, North America, and Other. The company was founded on January 13, 1986 and is headquartered in Aurangabad, India.
Morganite Crucible Dividend Announcement
• Morganite Crucible announced a semi annually dividend of ₹12.00 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-06
• Morganite Crucible annual dividend for 2024 was ₹12.00
• Morganite Crucible annual dividend for 2023 was ₹39.00
• Morganite Crucible's trailing twelve-month (TTM) dividend yield is 2.29%
• Morganite Crucible's dividend growth over the last five years (2018-2023) was 14.29% year
• Morganite Crucible's dividend growth over the last ten years (2013-2023) was 44.25% year
Morganite Crucible Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-06 | ₹12.00 | semi annually | 2024-09-12 |
2023-11-24 | ₹28.00 | semi annually | 2023-12-09 |
2023-08-22 | ₹11.00 | semi annually | 2023-09-28 |
2022-11-22 | ₹9.00 | semi annually | 2022-12-10 |
2022-09-19 | ₹12.00 | semi annually | 2022-10-27 |
2021-11-24 | ₹42.00 | semi annually | 2021-12-12 |
2020-07-29 | ₹16.00 | semi annually | 2020-09-05 |
2019-07-30 | ₹12.00 | semi annually | 2019-09-06 |
2018-11-20 | ₹4.00 | semi annually | 2018-12-13 |
2018-07-31 | ₹16.00 | semi annually | 2018-09-07 |
2017-08-01 | ₹8.00 | semi annually | 2017-09-08 |
2016-08-02 | ₹4.00 | semi annually | |
2015-09-14 | ₹1.00 | semi annually | |
2014-09-17 | ₹1.00 | semi annually | |
2013-09-18 | ₹1.00 | semi annually |
Morganite Crucible Dividend per year
Morganite Crucible Dividend growth
Morganite Crucible Dividend Yield
Morganite Crucible current trailing twelve-month (TTM) dividend yield is 2.29%. Interested in purchasing Morganite Crucible stock? Use our calculator to estimate your expected dividend yield:
Morganite Crucible Financial Ratios
Morganite Crucible Dividend FAQ
Other factors to consider when evaluating Morganite Crucible 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: Morganite Crucible'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, Morganite Crucible 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, Morganite Crucible 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 Morganite Crucible 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: Morganite Crucible 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, Morganite Crucible distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Morganite Crucible 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 Morganite Crucible'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 Morganite Crucible'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.