Motherson Sumi Wiring India Limited provides wiring harness solutions to original equipment manufacturers in India. It manufactures, assembles, delivers integrated electrical and electronic distribution systems for power supply and data transfer across vehicle types. The company also provides integrated electrification solutions for vehicles with alternative powertrains, including high-voltage wire harnesses.; and develops solutions for internal combustion engine vehicles, as well as electric and hybrid vehicles. It offers digital assembly boards, colour detection systems, component presence sensors, and online work instructions. The company manufactures and supplies wiring harnesses for passenger cars, two-wheelers and recreational vehicles, commercial vehicles (heavy, medium, and light-duty), motorcycles and three-wheelers to multi-utility vehicles, farm and material-handling equipment, and off-highway vehicles. It also offers specialized wiring harnesses for consumer durables, office automation equipment, medical diagnostic equipment, and other electrical and electronic equipment. Motherson Sumi Wiring India Limited is headquartered in Noida, India. Motherson Sumi Wiring India Limited is a subsidiary of Motherson Sumi Systems Limited.
Motherson Sumi Wiring India Dividend Announcement
• Motherson Sumi Wiring India announced a annually dividend of ₹0.80 per ordinary share which will be made payable on 2024-09-29. Ex dividend date: 2024-08-14
• Motherson Sumi Wiring India annual dividend for 2024 was ₹0.80
• Motherson Sumi Wiring India annual dividend for 2023 was ₹0.65
• Motherson Sumi Wiring India's trailing twelve-month (TTM) dividend yield is 1.22%
Motherson Sumi Wiring India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-14 | ₹0.80 | annually | 2024-09-29 |
2023-08-09 | ₹0.65 | annually | 2023-09-20 |
2022-08-12 | ₹0.85 | annually | 2022-09-28 |
Motherson Sumi Wiring India Dividend per year
Motherson Sumi Wiring India Dividend growth
Motherson Sumi Wiring India Dividend Yield
Motherson Sumi Wiring India current trailing twelve-month (TTM) dividend yield is 1.22%. Interested in purchasing Motherson Sumi Wiring India stock? Use our calculator to estimate your expected dividend yield:
Motherson Sumi Wiring India Financial Ratios
Motherson Sumi Wiring India Dividend FAQ
Other factors to consider when evaluating Motherson Sumi Wiring India 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: Motherson Sumi Wiring India'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, Motherson Sumi Wiring India 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, Motherson Sumi Wiring India 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 Motherson Sumi Wiring India 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: Motherson Sumi Wiring India 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, Motherson Sumi Wiring India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Motherson Sumi Wiring India 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 Motherson Sumi Wiring India'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 Motherson Sumi Wiring India'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.