Onward Technologies Limited provides mechanical engineering design and IT consulting services in India and internationally. The company offers digital transformation, embedded systems, engineering technology, data analytics, artificial intelligence, and machine learning products and services. It also offers digital engineering, embedded electronics, mechanical engineering, and enterprise IT related services. The company serves automotive, manufacturing, e-commerce, semiconductor, ICT, and medical technology industries. The company was incorporated in 1991 and is based in Mumbai, India. Onward Technologies Limited is a subsidiary of Onward Network Technologies Private Limited.
Onward Technologies Dividend Announcement
• Onward Technologies announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-08-18. Ex dividend date: 2024-07-12 • Onward Technologies annual dividend for 2024 was ₹5.00 • Onward Technologies annual dividend for 2023 was ₹3.00 • Onward Technologies's trailing twelve-month (TTM) dividend yield is 1.46% • Onward Technologies's dividend growth over the last five years (2018-2023) was 24.57% year
Onward Technologies current trailing twelve-month (TTM) dividend yield is 1.46%. Interested in purchasing Onward Technologies stock? Use our calculator to estimate your expected dividend yield:
Onward Technologies Financial Ratios
P/E ratio32.10
PEG ratio-93.89
P/B ratio3.71
ROE11.86%
Payout ratio0.00%
Current ratio3.85
Quick ratio3.85
Cash Ratio0.41
Onward Technologies Dividend FAQ
How much is the next Onward Technologies dividend?
Onward Technologies's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Onward Technologies dividend. The next Onward Technologies dividend will be released in July.
When is Onward Technologies dividend paid?
Onward Technologies pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Onward Technologies pay?
The specific amount of Onward Technologies 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 Onward Technologies's dividend history.
Does Onward Technologies stock pay dividends?
Yes, Onward Technologies 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 Onward Technologies's dividend history.
How much dividend does Onward Technologies pay?
Onward Technologies paid ₹5.0 in 2024, ₹3.0 in 2023, ₹3.0 in 2022, ₹3.0 in 2021, and ₹1.5 in 2020.
How often does Onward Technologies pay dividends?
Onward Technologies 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 July.
What is Onward Technologies's dividend yield?
The current dividend yield for Onward Technologies is 1.46%. 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 Onward Technologies's exact dividend yield.
When does Onward Technologies go ex dividend?
Onward Technologies's ex-dividend date for the latest dividend was on 2024-07-12. Onward Technologies 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 Onward Technologies dividend paid?
Onward Technologies pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Onward Technologies 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 Onward Technologies 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 Onward Technologies dividend per share?
Onward Technologies paid ₹5.0 per share in 2024 and ₹3.0 per share in 2023. The amount of dividend per share that Onward Technologies 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 Onward Technologies 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 Onward Technologies 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 Onward Technologies a dividend stock?
Yes, Onward Technologies is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Onward Technologies a good dividend stock?
Whether Onward Technologies is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Onward Technologies has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Onward Technologies 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 Onward Technologies pay dividends monthly?
Onward Technologies typically pays dividends on a annually basis.
Does Onward Technologies pay dividends quarterly?
Onward Technologies currently pays dividends on a annually basis.
Has Onward Technologies ever paid a dividend?
Yes, Onward Technologies has a history of paying dividends to its shareholders. Onward Technologies is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Onward Technologies dividend stocks?
To buy Onward Technologies 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 Onward Technologies 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 Onward Technologies pay dividends 2024?
Onward Technologies pays dividends on a annually basis. 2024 dividend payments are in 2024-08-18. 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 Onward Technologies increase its dividend in 2024?
Decisions regarding Onward Technologies 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 Onward Technologies dividend overview you can look into the above table of dividend history.
How Onward Technologies dividend works?
The Onward Technologies 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 Onward Technologies's dividend process works:
1. Determination of Dividend: Onward Technologies'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, Onward Technologies 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, Onward Technologies 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 Onward Technologies 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 Onward Technologies dividends paid?
Onward Technologies dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Onward Technologies 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, Onward Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Onward Technologies 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 Onward Technologies pay dividends?
Onward Technologies 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 Onward Technologies pay dividends?
The general pattern is that Onward Technologies pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Onward Technologies dividend safe?
The safety of Onward Technologies'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 Onward Technologies'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 Onward Technologies'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.