Qgo Finance Ltd. operates as a non-banking financial company. Its services include financing the hire purchase of buses, lotteries trucks, cars and other passenger, and goods carriers, machinery, building, tractor equipment, machinery and other articles, financing on the selling and purchasing of machinery, plant tools, jigs and fixtures, agricultural machinery, vessels automobiles, vehicles, computers, office equipment, air-conditioning plants and electronic equipment. The company was founded on July 28, 1993 and is headquartered in Mumbai, India.
QGO FINANCE Dividend Announcement
• QGO FINANCE announced a quarterly dividend of ₹0.15 per ordinary share which will be made payable on 2024-12-04. Ex dividend date: 2024-11-14
• QGO FINANCE annual dividend for 2024 was ₹0.18
• QGO FINANCE annual dividend for 2023 was ₹0.32
• QGO FINANCE's trailing twelve-month (TTM) dividend yield is 0.3%
• QGO FINANCE's payout ratio for the trailing twelve months (TTM) is 13.04%
QGO FINANCE Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | ₹0.15 | quarterly | 2024-12-04 |
2024-08-09 | ₹0.01 | quarterly | 2024-08-28 |
2024-05-24 | ₹0.00 | quarterly | 2024-06-12 |
2024-02-09 | ₹0.01 | quarterly | 2024-02-28 |
2023-11-10 | ₹0.01 | quarterly | 2023-11-29 |
2023-08-18 | ₹0.10 | quarterly | 2023-09-06 |
2023-06-08 | ₹0.10 | quarterly | 2023-06-28 |
2023-02-09 | ₹0.10 | quarterly | 2023-03-01 |
2022-11-16 | ₹0.10 | quarterly | 2022-12-07 |
2022-09-02 | ₹0.10 | quarterly | 2022-09-21 |
2022-05-25 | ₹0.10 | quarterly | 2022-06-15 |
2022-02-14 | ₹0.10 | quarterly | 2022-03-09 |
2021-11-17 | ₹0.10 | quarterly | 2021-12-08 |
QGO FINANCE Dividend per year
QGO FINANCE Dividend growth
QGO FINANCE Dividend Yield
QGO FINANCE current trailing twelve-month (TTM) dividend yield is 0.3%. Interested in purchasing QGO FINANCE stock? Use our calculator to estimate your expected dividend yield:
QGO FINANCE Financial Ratios
QGO FINANCE Dividend FAQ
Other factors to consider when evaluating QGO FINANCE 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: QGO FINANCE'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, QGO FINANCE 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, QGO FINANCE 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 QGO FINANCE 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: QGO FINANCE 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, QGO FINANCE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: QGO FINANCE 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 QGO FINANCE'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 QGO FINANCE'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.