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Rajratan Global Wire Limited manufactures and sells tire bead wires in India and Thailand. The company also offers high carbon steel wires that are used in mechanical springs, high performance springs, beddings and seating, wire ropes and cables, conveyor belts, automotive cables, steel fibers, and cut wire shots for shot blasting and pinning applications. Its tire bead wires are used in various kinds of automobile tires, tires of earth moving equipment, and aircraft. Rajratan Global Wire Limited was incorporated in 1988 and is headquartered in Indore, India.

Rajratan Global Wire Dividend Announcement

Rajratan Global Wire announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-07-23
Rajratan Global Wire annual dividend for 2024 was ₹2.00
Rajratan Global Wire annual dividend for 2023 was ₹2.00
Rajratan Global Wire's trailing twelve-month (TTM) dividend yield is 0.37%

Rajratan Global Wire Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-23₹2.00annually2024-08-29
2023-07-27₹2.00annually2023-09-02
2022-06-13₹2.00annually2022-07-21
2021-07-12₹8.00annually2021-08-20

Rajratan Global Wire Dividend per year

Rajratan Global Wire Dividend growth

Rajratan Global Wire Dividend Yield

Rajratan Global Wire current trailing twelve-month (TTM) dividend yield is 0.37%. Interested in purchasing Rajratan Global Wire stock? Use our calculator to estimate your expected dividend yield:

Rajratan Global Wire Financial Ratios

P/E ratio36.32
PEG ratio1.89
P/B ratio5.50
ROE15.81%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Rajratan Global Wire Dividend FAQ

How much is the next Rajratan Global Wire dividend?
Rajratan Global Wire's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Rajratan Global Wire dividend. The next Rajratan Global Wire dividend will be released in July.
When is Rajratan Global Wire dividend paid?
Rajratan Global Wire 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 Rajratan Global Wire pay?
The specific amount of Rajratan Global Wire 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 Rajratan Global Wire's dividend history.
Does Rajratan Global Wire stock pay dividends?
Yes, Rajratan Global Wire 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 Rajratan Global Wire's dividend history.
How much dividend does Rajratan Global Wire pay?
Rajratan Global Wire paid ₹2 in 2024, ₹2 in 2023, ₹2 in 2022, ₹8 in 2021, and ₹0 in 2020.
How often does Rajratan Global Wire pay dividends?
Rajratan Global Wire 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 Rajratan Global Wire's dividend yield?
The current dividend yield for Rajratan Global Wire is 0.37%. 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 Rajratan Global Wire's exact dividend yield.
When does Rajratan Global Wire go ex dividend?
Rajratan Global Wire's ex-dividend date for the latest dividend was on 2024-07-23. Rajratan Global Wire 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 Rajratan Global Wire dividend paid?
Rajratan Global Wire pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Rajratan Global Wire 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 Rajratan Global Wire 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 Rajratan Global Wire dividend per share?
Rajratan Global Wire paid ₹2 per share in 2024 and ₹2 per share in 2023. The amount of dividend per share that Rajratan Global Wire 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 Rajratan Global Wire 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 Rajratan Global Wire 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 Rajratan Global Wire a dividend stock?
Yes, Rajratan Global Wire is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Rajratan Global Wire a good dividend stock?
Whether Rajratan Global Wire is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Rajratan Global Wire has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Rajratan Global Wire 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 Rajratan Global Wire pay dividends monthly?
Rajratan Global Wire typically pays dividends on a annually basis.
Does Rajratan Global Wire pay dividends quarterly?
Rajratan Global Wire currently pays dividends on a annually basis.
Has Rajratan Global Wire ever paid a dividend?
Yes, Rajratan Global Wire has a history of paying dividends to its shareholders. Rajratan Global Wire is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Rajratan Global Wire dividend stocks?
To buy Rajratan Global Wire 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 Rajratan Global Wire 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 Rajratan Global Wire pay dividends 2024?
Rajratan Global Wire pays dividends on a annually basis. 2024 dividend payments are in 2024-08-29. 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 Rajratan Global Wire increase its dividend in 2024?
Decisions regarding Rajratan Global Wire 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 Rajratan Global Wire dividend overview you can look into the above table of dividend history.
How Rajratan Global Wire dividend works?
The Rajratan Global Wire 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 Rajratan Global Wire's dividend process works:

1. Determination of Dividend: Rajratan Global Wire'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, Rajratan Global Wire 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, Rajratan Global Wire 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 Rajratan Global Wire 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 Rajratan Global Wire dividends paid?
Rajratan Global Wire dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Rajratan Global Wire 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, Rajratan Global Wire distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Rajratan Global Wire 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 Rajratan Global Wire pay dividends?
Rajratan Global Wire 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 Rajratan Global Wire pay dividends?
The general pattern is that Rajratan Global Wire 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 Rajratan Global Wire dividend safe?
The safety of Rajratan Global Wire'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 Rajratan Global Wire'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 Rajratan Global Wire'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.