Omax Autos Limited engages in the manufacture and sale of auto and non-auto components in India. The company provides various products for commercial vehicle comprising chassis assemblies, cross members, bumpers, cross car beam sub-assemblies, fender support brackets, holding brackets for number plates and rear tail lights, rear cross members, frames and side rails, and sub structures; and passenger car products, including steering and axle shafts, trunk and hood hinges, piston rods, air cleaner mounting brackets, and oil pans. It also offers products for railways and heavy fabrication, such as roofs, side walls, underframes, bogie frames, vertical and horizontal dampers, stainless steel benches, Indian and western bio-toilets, electric loco shells, and diesel locomotives. The company exports its products. Omax Autos Limited was incorporated in 1983 and is headquartered in Gurugram, India.
Omax Autos Dividend Announcement
• Omax Autos announced a semi annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-28. Ex dividend date: 2024-08-22
• Omax Autos annual dividend for 2024 was ₹2.00
• Omax Autos's trailing twelve-month (TTM) dividend yield is 1.57%
Omax Autos Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-22 | ₹1.00 | semi annually | 2024-09-28 |
| 2024-05-14 | ₹1.00 | semi annually | 2024-06-01 |
| 2016-09-02 | ₹1.00 | semi annually | 2016-10-12 |
| 2013-08-30 | ₹1.00 | semi annually | 2013-10-07 |
| 2012-08-31 | ₹2.00 | semi annually | 2012-10-08 |
| 2011-09-22 | ₹2.00 | semi annually | 2011-10-30 |
| 2010-09-23 | ₹1.50 | semi annually | 2010-10-30 |
| 2009-09-23 | ₹1.00 | semi annually | 2009-11-01 |
| 2008-09-18 | ₹1.50 | semi annually | 2008-11-01 |
| 2007-08-21 | ₹2.25 | semi annually | 2007-10-01 |
| 2006-09-14 | ₹2.00 | semi annually | 2006-10-03 |
| 2005-09-08 | ₹2.00 | semi annually | |
| 2004-11-19 | ₹1.80 | semi annually |
Omax Autos Dividend per year
Omax Autos Dividend growth
Omax Autos Dividend Yield
Omax Autos current trailing twelve-month (TTM) dividend yield is 1.57%. Interested in purchasing Omax Autos stock? Use our calculator to estimate your expected dividend yield:
Omax Autos Financial Ratios
P/E ratio7.87
PEG ratio0.04
P/B ratio0.87
ROE11.62%
Payout ratio0.00%
Current ratio1.56
Quick ratio1.37
Cash Ratio0.16
Omax Autos Dividend FAQ
How much is the next Omax Autos dividend?
Omax Autos's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Omax Autos dividend. The next Omax Autos dividend will be released in .
When is Omax Autos dividend paid?
Omax Autos pays dividends on a semi annually basis. The specific dates may vary each year but are generally around . 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 Omax Autos pay?
The specific amount of Omax Autos 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 Omax Autos's dividend history.
Does Omax Autos stock pay dividends?
Yes, Omax Autos 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 Omax Autos's dividend history.
How much dividend does Omax Autos pay?
Omax Autos paid ₹2.0 in 2024, ₹0.0 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Omax Autos pay dividends?
Omax Autos 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 .
What is Omax Autos's dividend yield?
The current dividend yield for Omax Autos is 1.57%. 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 Omax Autos's exact dividend yield.
When does Omax Autos go ex dividend?
Omax Autos's ex-dividend date for the latest dividend was on 2024-08-22. Omax Autos 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 Omax Autos dividend paid?
Omax Autos pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will Omax Autos 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 Omax Autos 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 Omax Autos dividend per share?
Omax Autos paid ₹2.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Omax Autos 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 Omax Autos 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 Omax Autos 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 Omax Autos a dividend stock?
Yes, Omax Autos is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Omax Autos a good dividend stock?
Whether Omax Autos is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Omax Autos has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Omax Autos 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 Omax Autos 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 Omax Autos pay dividends monthly?
Omax Autos typically pays dividends on a semi annually basis.
Does Omax Autos pay dividends quarterly?
Omax Autos currently pays dividends on a semi annually basis.
Has Omax Autos ever paid a dividend?
Yes, Omax Autos has a history of paying dividends to its shareholders. Omax Autos is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Omax Autos dividend stocks?
To buy Omax Autos 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 Omax Autos 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 Omax Autos 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 Omax Autos pay dividends 2024?
Omax Autos pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-28. 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 Omax Autos increase its dividend in 2024?
Decisions regarding Omax Autos 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 Omax Autos dividend overview you can look into the above table of dividend history.
How Omax Autos dividend works?
The Omax Autos 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 Omax Autos's dividend process works:
1. Determination of Dividend: Omax Autos'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, Omax Autos 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, Omax Autos 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 Omax Autos 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: Omax Autos'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, Omax Autos 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, Omax Autos 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 Omax Autos 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 Omax Autos dividends paid?
Omax Autos dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Omax Autos 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, Omax Autos distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Omax Autos 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: Omax Autos 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, Omax Autos distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Omax Autos 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 Omax Autos pay dividends?
Omax Autos 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 Omax Autos pay dividends?
The general pattern is that Omax Autos pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Omax Autos dividend safe?
The safety of Omax Autos'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 Omax Autos'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 Omax Autos'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 Omax Autos'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 Omax Autos'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.