Olectra Greentech Limited manufactures and supplies composite polymer insulators in India. The company operates through Composite Polymer Insulators and Electric Buses segments. It manufactures 1200kV, 330-420kV, 220-245kV, 110-132kV, 52-77kV, 33-36kV, 22-28kV, and 10-15kV insulators for transmission and distribution; and tonne, bracket tube, and stay arm insulators for railways. The also manufactures and sells electrical buses. In addition, it provides distribution transformers, as well as data analysis and IT consulting services. The company was formerly known as Goldstone Infratech Limited and changed its name to Olectra Greentech Limited in July 2018. Olectra Greentech Limited was founded in 1992 and is headquartered in Hyderabad, India.
Olectra Greentech Dividend Announcement
• Olectra Greentech announced a annually dividend of ₹0.40 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-19 • Olectra Greentech annual dividend for 2024 was ₹0.40 • Olectra Greentech annual dividend for 2023 was ₹0.40 • Olectra Greentech's trailing twelve-month (TTM) dividend yield is 0.02%
Olectra Greentech current trailing twelve-month (TTM) dividend yield is 0.02%. Interested in purchasing Olectra Greentech stock? Use our calculator to estimate your expected dividend yield:
Olectra Greentech Financial Ratios
P/E ratio118.52
PEG ratio2.83
P/B ratio13.55
ROE12.18%
Payout ratio0.00%
Current ratio1.58
Quick ratio1.27
Cash Ratio0.01
Olectra Greentech Dividend FAQ
How much is the next Olectra Greentech dividend?
Olectra Greentech's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Olectra Greentech dividend. The next Olectra Greentech dividend will be released in September.
When is Olectra Greentech dividend paid?
Olectra Greentech pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Olectra Greentech pay?
The specific amount of Olectra Greentech 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 Olectra Greentech's dividend history.
Does Olectra Greentech stock pay dividends?
Yes, Olectra Greentech 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 Olectra Greentech's dividend history.
How much dividend does Olectra Greentech pay?
Olectra Greentech paid ₹0.4 in 2024, ₹0.4 in 2023, ₹0.4 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Olectra Greentech pay dividends?
Olectra Greentech 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 September.
What is Olectra Greentech's dividend yield?
The current dividend yield for Olectra Greentech is 0.02%. 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 Olectra Greentech's exact dividend yield.
When does Olectra Greentech go ex dividend?
Olectra Greentech's ex-dividend date for the latest dividend was on 2024-09-19. Olectra Greentech 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 Olectra Greentech dividend paid?
Olectra Greentech pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Olectra Greentech 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 Olectra Greentech 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 Olectra Greentech dividend per share?
Olectra Greentech paid ₹0.4 per share in 2024 and ₹0.4 per share in 2023. The amount of dividend per share that Olectra Greentech 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 Olectra Greentech 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 Olectra Greentech 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 Olectra Greentech a dividend stock?
Yes, Olectra Greentech is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Olectra Greentech a good dividend stock?
Whether Olectra Greentech is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Olectra Greentech has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Olectra Greentech 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 Olectra Greentech pay dividends monthly?
Olectra Greentech typically pays dividends on a annually basis.
Does Olectra Greentech pay dividends quarterly?
Olectra Greentech currently pays dividends on a annually basis.
Has Olectra Greentech ever paid a dividend?
Yes, Olectra Greentech has a history of paying dividends to its shareholders. Olectra Greentech is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Olectra Greentech dividend stocks?
To buy Olectra Greentech 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 Olectra Greentech 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 Olectra Greentech pay dividends 2024?
Olectra Greentech pays dividends on a annually basis. 2024 dividend payments are in 2024-10-26. 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 Olectra Greentech increase its dividend in 2024?
Decisions regarding Olectra Greentech 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 Olectra Greentech dividend overview you can look into the above table of dividend history.
How Olectra Greentech dividend works?
The Olectra Greentech 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 Olectra Greentech's dividend process works:
1. Determination of Dividend: Olectra Greentech'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, Olectra Greentech 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, Olectra Greentech 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 Olectra Greentech 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 Olectra Greentech dividends paid?
Olectra Greentech dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Olectra Greentech 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, Olectra Greentech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Olectra Greentech 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 Olectra Greentech pay dividends?
Olectra Greentech 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 Olectra Greentech pay dividends?
The general pattern is that Olectra Greentech pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Olectra Greentech dividend safe?
The safety of Olectra Greentech'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 Olectra Greentech'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 Olectra Greentech'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.