Rane (Madras) Limited manufactures and sells auto components in India and internationally. It offers steering gears; steering and suspension linkage products; and high precision aluminum die castings. The company markets and sells its products to the manufacturers of passenger cars, utility vehicles, and farm tractors. It also exports its products. The company was founded in 1960 and is headquartered in Chennai, India. Rane (Madras) Limited is a subsidiary of Rane Holdings Limited.
Rane Madras Dividend Announcement
• Rane Madras announced a semi annually dividend of ₹4.50 per ordinary share which will be made payable on 2019-07-29. Ex dividend date: 2019-07-16
• Rane Madras's trailing twelve-month (TTM) dividend yield is -%
Rane Madras Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-07-16 | ₹4.50 | semi annually | 2019-07-29 |
2019-01-31 | ₹4.00 | semi annually | 2019-02-08 |
2018-07-17 | ₹7.50 | semi annually | 2018-08-01 |
2018-02-01 | ₹4.50 | semi annually | 2018-02-13 |
2017-08-14 | ₹4.00 | semi annually | 2017-08-31 |
2017-02-02 | ₹2.00 | semi annually | 2017-02-10 |
2016-03-17 | ₹4.50 | semi annually | 2016-03-23 |
2015-07-22 | ₹4.50 | semi annually | 2015-08-07 |
2014-07-23 | ₹5.50 | semi annually | |
2013-07-11 | ₹5.00 | semi annually | 2013-07-26 |
2013-01-31 | ₹2.00 | semi annually | 2013-02-22 |
2012-07-05 | ₹4.00 | semi annually | 2012-07-16 |
2012-02-07 | ₹5.50 | semi annually | 2012-02-26 |
2011-07-14 | ₹2.50 | semi annually | 2011-07-25 |
2011-02-02 | ₹4.50 | semi annually | 2011-02-09 |
2010-07-12 | ₹2.00 | semi annually | 2010-07-27 |
2010-01-21 | ₹2.50 | semi annually | 2010-03-01 |
2008-03-18 | ₹6.00 | semi annually | 2008-05-01 |
2007-03-23 | ₹2.00 | semi annually | |
2007-01-25 | ₹2.00 | semi annually |
Rane Madras Dividend per year
Rane Madras Dividend growth
Rane Madras Dividend Yield
Rane Madras current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rane Madras stock? Use our calculator to estimate your expected dividend yield:
Rane Madras Financial Ratios
Rane Madras Dividend FAQ
Other factors to consider when evaluating Rane Madras 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: Rane Madras'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 Madras 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 Madras 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 Madras 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: Rane Madras 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 Madras 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 Madras 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 Rane Madras'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 Madras'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.