Precision Wires India Limited manufactures and sells insulated enameled wires and other insulated electric conductors in India and internationally. It offers enameled round winding wires for use in electrical machines, such as motors, generators, transformers, household appliances, auto-electricals, electrical hand tools, refrigeration motors, fans, switchgears, coils and relays, ballasts, etc.; enameled rectangular copper wires; and continuously transposed conductors for use in power, furnace, and traction locomotive transformers, as well as in chokes and inductance coils. The company also provides paper, Nomex, and mica tape insulated rectangular copper conductors, as well as special conductors for various applications in oil filled power and distribution transformers, dry type transformers, high tension motors/generators, and traction equipment. It serves electrical and electronic industries. Precision Wires India Limited was incorporated in 1989 and is based in Mumbai, India.
Precision Wires India Dividend Announcement
• Precision Wires India announced a quarterly dividend of ₹0.35 per ordinary share which will be made payable on 2025-01-09. Ex dividend date: 2024-11-19
• Precision Wires India annual dividend for 2024 was ₹1.10
• Precision Wires India annual dividend for 2023 was ₹0.96
• Precision Wires India's trailing twelve-month (TTM) dividend yield is 0.63%
• Precision Wires India's dividend growth over the last five years (2018-2023) was -19.78% year
• Precision Wires India's dividend growth over the last ten years (2013-2023) was -12.27% year
Precision Wires India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-19 | ₹0.35 | quarterly | 2025-01-09 |
2024-09-13 | ₹0.45 | quarterly | 2024-10-20 |
2024-02-20 | ₹0.30 | quarterly | 2024-03-09 |
2023-11-17 | ₹0.30 | quarterly | 2023-12-07 |
2023-08-28 | ₹0.36 | quarterly | 2023-10-04 |
2023-02-24 | ₹0.30 | quarterly | 2023-03-12 |
2022-08-25 | ₹0.36 | quarterly | 2022-10-01 |
2022-08-19 | ₹0.20 | quarterly | |
2022-02-14 | ₹0.20 | quarterly | 2022-03-09 |
2021-11-11 | ₹0.78 | quarterly | 2021-12-03 |
2021-08-24 | ₹0.89 | quarterly | 2021-09-30 |
2021-02-23 | ₹0.89 | quarterly | 2021-03-12 |
2020-11-23 | ₹0.44 | quarterly | 2020-11-30 |
2020-02-18 | ₹0.44 | quarterly | 2020-03-10 |
2019-11-21 | ₹0.67 | quarterly | 2019-12-12 |
2019-09-09 | ₹1.11 | quarterly | 2019-10-18 |
2018-11-16 | ₹0.89 | quarterly | 2018-12-05 |
2018-08-30 | ₹1.11 | quarterly | 2018-09-09 |
2018-02-22 | ₹0.89 | quarterly | 2018-03-13 |
2017-08-10 | ₹1.00 | quarterly | 2017-09-18 |
2016-11-24 | ₹0.56 | quarterly | 2016-12-08 |
2016-09-15 | ₹0.56 | quarterly | 2016-10-28 |
2016-02-17 | ₹0.67 | quarterly | 2016-03-09 |
2015-11-18 | ₹1.11 | quarterly | 2015-12-04 |
2015-08-18 | ₹1.25 | quarterly | |
2015-02-26 | ₹0.44 | quarterly | 2015-03-12 |
2014-11-27 | ₹0.89 | quarterly | 2014-12-12 |
2014-09-18 | ₹0.89 | quarterly | 2014-10-28 |
2014-02-26 | ₹1.78 | quarterly | 2014-03-13 |
2013-11-07 | ₹1.78 | quarterly | 2013-11-27 |
2013-07-30 | ₹0.67 | quarterly | 2013-09-06 |
2013-02-21 | ₹1.11 | quarterly | 2013-03-12 |
Precision Wires India Dividend per year
Precision Wires India Dividend growth
Precision Wires India Dividend Yield
Precision Wires India current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Precision Wires India stock? Use our calculator to estimate your expected dividend yield:
Precision Wires India Financial Ratios
Precision Wires India Dividend FAQ
Other factors to consider when evaluating Precision Wires India 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: Precision Wires India'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, Precision Wires India 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, Precision Wires India 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 Precision Wires India 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: Precision Wires India 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, Precision Wires India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Precision Wires India 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 Precision Wires India'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 Precision Wires India'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.