Munjal Showa Limited manufactures and sells auto components for the two-wheeler and four-wheeler industry primarily in India. Its products comprise front forks, rear cushions, shock absorbers, struts, gas springs, rear door lifters, and window balancers. Munjal Showa Limited was incorporated in 1985 and is based in Gurugram, India.
Munjal Showa Dividend Announcement
• Munjal Showa announced a annually dividend of ₹4.50 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-02 • Munjal Showa annual dividend for 2024 was ₹4.50 • Munjal Showa annual dividend for 2023 was ₹4.50 • Munjal Showa's trailing twelve-month (TTM) dividend yield is 2.97% • Munjal Showa's dividend growth over the last ten years (2013-2023) was 4.14% year
Munjal Showa current trailing twelve-month (TTM) dividend yield is 2.97%. Interested in purchasing Munjal Showa stock? Use our calculator to estimate your expected dividend yield:
Munjal Showa Financial Ratios
P/E ratio20.26
PEG ratio0.31
P/B ratio0.91
ROE4.56%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Munjal Showa Dividend FAQ
How much is the next Munjal Showa dividend?
Munjal Showa's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Munjal Showa dividend. The next Munjal Showa dividend will be released in August.
When is Munjal Showa dividend paid?
Munjal Showa pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Munjal Showa pay?
The specific amount of Munjal Showa 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 Munjal Showa's dividend history.
Does Munjal Showa stock pay dividends?
Yes, Munjal Showa 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 Munjal Showa's dividend history.
How much dividend does Munjal Showa pay?
Munjal Showa paid ₹4.5 in 2024, ₹4.5 in 2023, ₹4.5 in 2022, ₹4.5 in 2021, and ₹4.5 in 2020.
How often does Munjal Showa pay dividends?
Munjal Showa 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 August.
What is Munjal Showa's dividend yield?
The current dividend yield for Munjal Showa is 2.97%. 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 Munjal Showa's exact dividend yield.
When does Munjal Showa go ex dividend?
Munjal Showa's ex-dividend date for the latest dividend was on 2024-08-02. Munjal Showa 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 Munjal Showa dividend paid?
Munjal Showa pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Munjal Showa 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 Munjal Showa 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 Munjal Showa dividend per share?
Munjal Showa paid ₹4.5 per share in 2024 and ₹4.5 per share in 2023. The amount of dividend per share that Munjal Showa 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 Munjal Showa 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 Munjal Showa 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 Munjal Showa a dividend stock?
Yes, Munjal Showa is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Munjal Showa a good dividend stock?
Whether Munjal Showa is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Munjal Showa has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Munjal Showa 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 Munjal Showa pay dividends monthly?
Munjal Showa typically pays dividends on a annually basis.
Does Munjal Showa pay dividends quarterly?
Munjal Showa currently pays dividends on a annually basis.
Has Munjal Showa ever paid a dividend?
Yes, Munjal Showa has a history of paying dividends to its shareholders. Munjal Showa is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Munjal Showa dividend stocks?
To buy Munjal Showa 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 Munjal Showa 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 Munjal Showa pay dividends 2024?
Munjal Showa pays dividends on a annually basis. 2024 dividend payments are in 2024-09-20. 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 Munjal Showa increase its dividend in 2024?
Decisions regarding Munjal Showa 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 Munjal Showa dividend overview you can look into the above table of dividend history.
How Munjal Showa dividend works?
The Munjal Showa 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 Munjal Showa's dividend process works:
1. Determination of Dividend: Munjal Showa'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, Munjal Showa 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, Munjal Showa 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 Munjal Showa 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 Munjal Showa dividends paid?
Munjal Showa dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Munjal Showa 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, Munjal Showa distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Munjal Showa 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 Munjal Showa pay dividends?
Munjal Showa 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 Munjal Showa pay dividends?
The general pattern is that Munjal Showa pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Munjal Showa dividend safe?
The safety of Munjal Showa'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 Munjal Showa'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 Munjal Showa'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.