RACL Geartech Ltd. engages in the manufacture and marketing of automotive gears and components. The firm offers in gears, shafts, and other automotive component parts. It also provides sprockets and ratchets, precision machined parts, industrial gears, synchronizing cones and rings, and tools. It operates through the following segments: Austria, Japan, Germany, Switzerland, Italy, Thailand, Vietnam, USA, and China. The company was founded on July 14, 1983 and is headquartered in Noida, India.
RACL Geartech Dividend Announcement
• RACL Geartech announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-04 • RACL Geartech annual dividend for 2024 was ₹1.50 • RACL Geartech annual dividend for 2023 was ₹1.50 • RACL Geartech's trailing twelve-month (TTM) dividend yield is 0.16%
RACL Geartech current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing RACL Geartech stock? Use our calculator to estimate your expected dividend yield:
RACL Geartech Financial Ratios
P/E ratio28.77
PEG ratio-0.78
P/B ratio4.89
ROE35.73%
Payout ratio0.00%
Current ratio1.09
Quick ratio0.57
Cash Ratio0.00
RACL Geartech Dividend FAQ
How much is the next RACL Geartech dividend?
RACL Geartech's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next RACL Geartech dividend. The next RACL Geartech dividend will be released in September.
When is RACL Geartech dividend paid?
RACL Geartech pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 RACL Geartech pay?
The specific amount of RACL Geartech 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 RACL Geartech's dividend history.
Does RACL Geartech stock pay dividends?
Yes, RACL Geartech 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 RACL Geartech's dividend history.
How much dividend does RACL Geartech pay?
RACL Geartech paid ₹1.5 in 2024, ₹1.5 in 2023, ₹1.0 in 2022, ₹1.0 in 2021, and ₹0.0 in 2020.
How often does RACL Geartech pay dividends?
RACL Geartech 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 September.
What is RACL Geartech's dividend yield?
The current dividend yield for RACL Geartech is 0.16%. 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 RACL Geartech's exact dividend yield.
When does RACL Geartech go ex dividend?
RACL Geartech's ex-dividend date for the latest dividend was on 2024-09-04. RACL Geartech 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 RACL Geartech dividend paid?
RACL Geartech pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will RACL Geartech 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 RACL Geartech 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 RACL Geartech dividend per share?
RACL Geartech paid ₹1.5 per share in 2024 and ₹1.5 per share in 2023. The amount of dividend per share that RACL Geartech 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 RACL Geartech 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 RACL Geartech 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 RACL Geartech a dividend stock?
Yes, RACL Geartech is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is RACL Geartech a good dividend stock?
Whether RACL Geartech is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. RACL Geartech has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating RACL Geartech 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 RACL Geartech pay dividends monthly?
RACL Geartech typically pays dividends on a annually basis.
Does RACL Geartech pay dividends quarterly?
RACL Geartech currently pays dividends on a annually basis.
Has RACL Geartech ever paid a dividend?
Yes, RACL Geartech has a history of paying dividends to its shareholders. RACL Geartech is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy RACL Geartech dividend stocks?
To buy RACL Geartech 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 RACL Geartech 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 RACL Geartech pay dividends 2024?
RACL Geartech pays dividends on a annually basis. 2024 dividend payments are in 2024-10-11. 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 RACL Geartech increase its dividend in 2024?
Decisions regarding RACL Geartech 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 RACL Geartech dividend overview you can look into the above table of dividend history.
How RACL Geartech dividend works?
The RACL Geartech 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 RACL Geartech's dividend process works:
1. Determination of Dividend: RACL Geartech'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, RACL Geartech 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, RACL Geartech 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 RACL Geartech 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 RACL Geartech dividends paid?
RACL Geartech dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: RACL Geartech 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, RACL Geartech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: RACL Geartech 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 RACL Geartech pay dividends?
RACL Geartech 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 RACL Geartech pay dividends?
The general pattern is that RACL Geartech pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is RACL Geartech dividend safe?
The safety of RACL Geartech'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 RACL Geartech'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 RACL Geartech'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.