Ram Ratna Wires Limited manufactures and sells winding wires and related insulated products for original equipment manufacturers in India. It operates through Enamelled Wires and Strips, Copper Tubes and Pipes, and Other segments. The company offers enameled aluminum and copper strips; glass fibre covered strips; nylon coated, self bonding, LITZ wire-bunched, and sole coat AIW enameled wires; submersible winding wires; bunched and braided bare copper wires; submersible flat cables; enameled copper wires and strips; fine and ultrafine enameled copper wires; corona resistant and triple insulated winding wires; enameled aluminium winding wires; paper covered magnet wires; crepe kraft paper insulated copper cables; cotton covered copper conductors; peripheral pumps; float switches; automatic pressure controls; and centrifugal pumps. It also exports its products. The company was incorporated in 1992 and is headquartered in Mumbai, India.
Ram Ratna Wires Dividend Announcement
• Ram Ratna Wires announced a semi annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-08-16 • Ram Ratna Wires annual dividend for 2024 was ₹2.50 • Ram Ratna Wires annual dividend for 2023 was ₹5.00 • Ram Ratna Wires's trailing twelve-month (TTM) dividend yield is 0.84%
Ram Ratna Wires current trailing twelve-month (TTM) dividend yield is 0.84%. Interested in purchasing Ram Ratna Wires stock? Use our calculator to estimate your expected dividend yield:
Ram Ratna Wires Financial Ratios
P/E ratio43.71
PEG ratio0.43
P/B ratio6.13
ROE14.34%
Payout ratio0.00%
Current ratio1.45
Quick ratio1.00
Cash Ratio0.00
Ram Ratna Wires Dividend FAQ
How much is the next Ram Ratna Wires dividend?
Ram Ratna Wires's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ram Ratna Wires dividend. The next Ram Ratna Wires dividend will be released in September, or November.
When is Ram Ratna Wires dividend paid?
Ram Ratna Wires pays dividends on a semi annually basis. The specific dates may vary each year but are generally around September, and November. 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 Ram Ratna Wires pay?
The specific amount of Ram Ratna Wires 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 Ram Ratna Wires's dividend history.
Does Ram Ratna Wires stock pay dividends?
Yes, Ram Ratna Wires 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 Ram Ratna Wires's dividend history.
How much dividend does Ram Ratna Wires pay?
Ram Ratna Wires paid ₹2.5 in 2024, ₹5.0 in 2023, ₹5.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Ram Ratna Wires pay dividends?
Ram Ratna Wires typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around September, and November.
What is Ram Ratna Wires's dividend yield?
The current dividend yield for Ram Ratna Wires is 0.84%. 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 Ram Ratna Wires's exact dividend yield.
When does Ram Ratna Wires go ex dividend?
Ram Ratna Wires's ex-dividend date for the latest dividend was on 2024-08-16. Ram Ratna Wires 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 Ram Ratna Wires dividend paid?
Ram Ratna Wires pays dividends on a semi annually basis, typically around September, or November, but the exact dates can vary each year.
Will Ram Ratna Wires 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 Ram Ratna Wires 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 Ram Ratna Wires dividend per share?
Ram Ratna Wires paid ₹2.5 per share in 2024 and ₹5.0 per share in 2023. The amount of dividend per share that Ram Ratna Wires 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 Ram Ratna Wires 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 Ram Ratna Wires 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 Ram Ratna Wires a dividend stock?
Yes, Ram Ratna Wires is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ram Ratna Wires a good dividend stock?
Whether Ram Ratna Wires is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ram Ratna Wires has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ram Ratna Wires 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 Ram Ratna Wires pay dividends monthly?
Ram Ratna Wires typically pays dividends on a semi annually basis.
Does Ram Ratna Wires pay dividends quarterly?
Ram Ratna Wires currently pays dividends on a semi annually basis.
Has Ram Ratna Wires ever paid a dividend?
Yes, Ram Ratna Wires has a history of paying dividends to its shareholders. Ram Ratna Wires is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ram Ratna Wires dividend stocks?
To buy Ram Ratna Wires 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 Ram Ratna Wires 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 Ram Ratna Wires pay dividends 2024?
Ram Ratna Wires pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-03. 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 Ram Ratna Wires increase its dividend in 2024?
Decisions regarding Ram Ratna Wires 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 Ram Ratna Wires dividend overview you can look into the above table of dividend history.
How Ram Ratna Wires dividend works?
The Ram Ratna Wires 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 Ram Ratna Wires's dividend process works:
1. Determination of Dividend: Ram Ratna Wires'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, Ram Ratna Wires 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, Ram Ratna Wires 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 Ram Ratna Wires 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 Ram Ratna Wires dividends paid?
Ram Ratna Wires dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ram Ratna Wires 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, Ram Ratna Wires distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ram Ratna Wires 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 Ram Ratna Wires pay dividends?
Ram Ratna Wires typically pays dividends on a semi 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 Ram Ratna Wires pay dividends?
The general pattern is that Ram Ratna Wires pays dividends around September, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Ram Ratna Wires dividend safe?
The safety of Ram Ratna Wires'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 Ram Ratna Wires'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 Ram Ratna Wires'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.