Power Mech Projects Limited provides services in power and infrastructure sectors in India and internationally. The company engages in the erection, testing, and commissioning of boilers, turbines, and generators; balance of plant works for the power sector; provision of integrated industrial construction services; and operation and maintenance, repair, overhauling, renovation, and modernization of power plants and related civil works, as well as undertakes projects in the hydrocarbon, oil and gas, and steel industries. It also undertakes various civil foundation, building, and architectural work projects for power plants and other infrastructure projects; designs and engineers transmission line, sub-station, railways overhead electrification, distribution network, and electrical and instrumentation works; and manufactures components for high capacity pumps, spare parts for hydro and thermal power plant components, components for railway electrification, and facilities and processes, as well as re-blades turbines. In addition, the company constructs sewage and water treatment plants; offers value added technical solutions in electromechanical and hydro-mechanical fields, project management, and deliverable index; and engages in the mine development operations, including excavation of earth and rock, separation of the ore from the waste rock, stacking and handling the waste material, monitoring environmental aspects, and providing supporting services comprising repair shops, labs, residential quarters, warehouses, and offices. Power Mech Projects Limited was incorporated in 1999 and is based in Hyderabad, India.
Power Mech Projects Dividend Announcement
• Power Mech Projects announced a semi annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-27
• Power Mech Projects annual dividend for 2024 was ₹6.00
• Power Mech Projects annual dividend for 2023 was ₹2.00
• Power Mech Projects's trailing twelve-month (TTM) dividend yield is 0.14%
Power Mech Projects Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | ₹4.00 | semi annually | 2024-10-27 |
2024-09-20 | ₹2.00 | semi annually | 2024-10-27 |
2023-09-21 | ₹2.00 | semi annually | 2023-10-28 |
2022-09-22 | ₹1.50 | semi annually | 2022-10-30 |
2020-10-12 | ₹1.00 | semi annually | 2020-11-19 |
2019-09-19 | ₹1.00 | semi annually | 2019-10-25 |
2018-09-19 | ₹1.00 | semi annually | 2018-10-27 |
2017-09-21 | ₹1.00 | semi annually | 2017-10-28 |
2016-03-29 | ₹1.00 | semi annually | 2016-04-17 |
Power Mech Projects Dividend per year
Power Mech Projects Dividend growth
Power Mech Projects Dividend Yield
Power Mech Projects current trailing twelve-month (TTM) dividend yield is 0.14%. Interested in purchasing Power Mech Projects stock? Use our calculator to estimate your expected dividend yield:
Power Mech Projects Financial Ratios
Power Mech Projects Dividend FAQ
Other factors to consider when evaluating Power Mech Projects 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: Power Mech Projects'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, Power Mech Projects 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, Power Mech Projects 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 Power Mech Projects 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: Power Mech Projects 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, Power Mech Projects distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Power Mech Projects 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 Power Mech Projects'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 Power Mech Projects'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.