Rane Holdings Limited, together with its subsidiaries, manufactures and markets automotive components for the transportation industry in India and internationally. It offers steering and suspension systems comprising manual steering gears, steering linkages, suspension components, hydraulic products, power steering fluid- power cruises, intermediate shafts, and universal joint assemblies; hydraulic power rack and pinion steering gear, power steering gear, and power steering pump assemblies; and electric power steering, solid steering, energy absorbing and collapsible, and tilt and telescopic steering columns. The company also provides valve train components, including engine valves, and valve guides and mechanical tappets; friction material products, such as brake linings, disc pads, railways brake blocks, clutch facings, and commercial vehicle and sintered brake pads; and occupant safety systems, including seat belts and air bags. In addition, it offers light metal casting products comprising hydraulic pinion housings, pump housings, EPAS outboard and pinion housings, luminaries, timing case covers, engine oil sumps, gear cases, brake and transmission housings, and battery housings; telematics solutions; and aftermarket products consisting of chassis and engine parts. Further, the company provides and connected mobility solutions, as well as exports its products. It primarily serves passenger and commercial vehicles, farm tractors, two-wheelers, and railways and stationary engines segments. The company was formerly known as Rane (Madras) Limited and changed its name to Rane Holdings Limited in July 2004. Rane Holdings Limited was founded in 1929 and is headquartered in Chennai, India.
Rane Dividend Announcement
• Rane announced a annually dividend of ₹25.00 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-07-26
• Rane annual dividend for 2024 was ₹25.00
• Rane annual dividend for 2023 was ₹17.00
• Rane's trailing twelve-month (TTM) dividend yield is 1.38%
Rane Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-26 | ₹25.00 | annually | 2024-08-12 |
| 2023-07-28 | ₹17.00 | annually | 2023-09-03 |
| 2022-06-21 | ₹12.00 | annually | 2022-07-08 |
| 2020-08-06 | ₹4.00 | annually | 2020-08-19 |
| 2020-02-17 | ₹4.00 | annually | 2020-02-26 |
| 2019-07-31 | ₹11.00 | annually | 2019-08-14 |
| 2019-02-15 | ₹8.00 | annually | 2019-02-27 |
| 2018-07-25 | ₹9.00 | annually | 2018-08-13 |
| 2018-02-15 | ₹5.50 | annually | 2018-02-26 |
| 2017-08-23 | ₹5.00 | annually | 2017-09-07 |
| 2017-02-17 | ₹3.50 | annually | 2017-02-27 |
| 2016-03-17 | ₹10.00 | annually | 2016-03-23 |
| 2015-08-03 | ₹7.50 | annually | 2015-08-17 |
| 2014-07-30 | ₹6.50 | annually | 2014-08-20 |
| 2013-08-01 | ₹4.50 | annually | 2013-08-19 |
| 2013-02-14 | ₹3.50 | annually | 2013-02-21 |
| 2012-08-02 | ₹4.00 | annually | 2012-08-16 |
| 2012-02-15 | ₹6.00 | annually | 2012-03-07 |
Rane Dividend per year
Rane Dividend growth
Rane Dividend Yield
Rane current trailing twelve-month (TTM) dividend yield is 1.38%. Interested in purchasing Rane stock? Use our calculator to estimate your expected dividend yield:
Rane Financial Ratios
P/E ratio9.93
PEG ratio5.22
P/B ratio2.43
ROE24.68%
Payout ratio0.00%
Current ratio0.93
Quick ratio0.59
Cash Ratio0.02
Rane Dividend FAQ
How much is the next Rane dividend?
Rane's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Rane dividend. The next Rane dividend will be released in July.
When is Rane dividend paid?
Rane 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 Rane pay?
The specific amount of Rane 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 Rane's dividend history.
Does Rane stock pay dividends?
Yes, Rane 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 Rane's dividend history.
How much dividend does Rane pay?
Rane paid ₹25.0 in 2024, ₹17.0 in 2023, ₹12.0 in 2022, ₹0.0 in 2021, and ₹8.0 in 2020.
How often does Rane pay dividends?
Rane 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 Rane's dividend yield?
The current dividend yield for Rane is 1.38%. 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 Rane's exact dividend yield.
When does Rane go ex dividend?
Rane's ex-dividend date for the latest dividend was on 2024-07-26. Rane 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 Rane dividend paid?
Rane pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Rane 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 Rane 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 Rane dividend per share?
Rane paid ₹25.0 per share in 2024 and ₹17.0 per share in 2023. The amount of dividend per share that Rane 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 Rane 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 Rane 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 Rane a dividend stock?
Yes, Rane is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Rane a good dividend stock?
Whether Rane is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Rane has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Rane 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.
Other factors to consider when evaluating Rane 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 Rane pay dividends monthly?
Rane typically pays dividends on a annually basis.
Does Rane pay dividends quarterly?
Rane currently pays dividends on a annually basis.
Has Rane ever paid a dividend?
Yes, Rane has a history of paying dividends to its shareholders. Rane is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Rane dividend stocks?
To buy Rane 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 Rane 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.
Place an order: Use the brokerage's trading platform to place an order to buy Rane 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 Rane pay dividends 2024?
Rane pays dividends on a annually basis. 2024 dividend payments are in 2024-08-12. 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 Rane increase its dividend in 2024?
Decisions regarding Rane 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 Rane dividend overview you can look into the above table of dividend history.
How Rane dividend works?
The Rane 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 Rane's dividend process works:
1. Determination of Dividend: Rane'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, Rane 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, Rane 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 Rane 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. Determination of Dividend: Rane'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, Rane 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, Rane 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 Rane 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 Rane dividends paid?
Rane dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Rane 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, Rane distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Rane 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.
1. Record Date: Rane 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, Rane distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Rane 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 Rane pay dividends?
Rane 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 Rane pay dividends?
The general pattern is that Rane 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 Rane dividend safe?
The safety of Rane'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 Rane'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 Rane'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.
To assess the safety of Rane'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 Rane'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.