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Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally. The company's stainless steel products comprise seamless and welded tubes and pipes, and heat exchanger tubes; and instrumentation seamless tubes. It also provides nickel alloy seamless heat exchanger tubes; titanium welded tubes; induction bending; and carbon steel products, such as high frequency electric resistance and submerged arc welded pipes. In addition, the company offers coating solutions comprising external three layer polyethylene/polypropylene coating and dual layer fusion bonded epoxy coating products; and internal coating solutions, such as food grade epoxy / polyurethane / coal tar epoxy / cement lining, and other prevalent coatings. Further, it is also involved in the generation of power by windmills. The company serves oil and gas, thermal power, chemical, fertilizer, sugar, paper, automobile, aeronautics, refinery, nuclear power, petrochemical, water distribution, food and dairy, pharmaceutical, defense, infrastructure, ship building, pumping station, and space industries. The company was incorporated in 1983 and is based in Ahmedabad, India.

Ratnamani Metals & Tubes Dividend Announcement

Ratnamani Metals & Tubes announced a annually dividend of ₹14.00 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-08-20
Ratnamani Metals & Tubes annual dividend for 2024 was ₹14.00
Ratnamani Metals & Tubes annual dividend for 2023 was ₹12.00
Ratnamani Metals & Tubes's trailing twelve-month (TTM) dividend yield is 0.39%
Ratnamani Metals & Tubes's dividend growth over the last five years (2018-2023) was 14.87% year
Ratnamani Metals & Tubes's dividend growth over the last ten years (2013-2023) was 11.61% year

Ratnamani Metals & Tubes Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-20₹14.00annually2024-09-26
2023-07-27₹12.00annually2023-09-02
2022-08-02₹14.00annually2022-09-08
2022-08-01₹9.33annually
2021-09-17₹14.00annually2021-10-26
2020-03-17₹12.00annually2020-04-04
2019-08-01₹9.00annually2019-09-08
2018-08-01₹6.00annually2018-09-08
2017-09-04₹5.50annually2017-10-12
2016-03-17₹5.50annually2016-04-11
2015-09-15₹5.50annually2015-10-23
2014-09-04₹4.50annually2014-10-11
2013-08-01₹4.00annually2013-09-11

Ratnamani Metals & Tubes Dividend per year

Ratnamani Metals & Tubes Dividend growth

Ratnamani Metals & Tubes Dividend Yield

Ratnamani Metals & Tubes current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing Ratnamani Metals & Tubes stock? Use our calculator to estimate your expected dividend yield:

Ratnamani Metals & Tubes Financial Ratios

P/E ratio41.88
PEG ratio2.06
P/B ratio7.93
ROE20.63%
Payout ratio0.00%
Current ratio4.44
Quick ratio2.19
Cash Ratio0.34

Ratnamani Metals & Tubes Dividend FAQ

How much is the next Ratnamani Metals & Tubes dividend?
Ratnamani Metals & Tubes's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ratnamani Metals & Tubes dividend. The next Ratnamani Metals & Tubes dividend will be released in July.
When is Ratnamani Metals & Tubes dividend paid?
Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes pay?
The specific amount of Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes's dividend history.
Does Ratnamani Metals & Tubes stock pay dividends?
Yes, Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes's dividend history.
How much dividend does Ratnamani Metals & Tubes pay?
Ratnamani Metals & Tubes paid ₹14.0 in 2024, ₹12.0 in 2023, ₹23.33 in 2022, ₹14.0 in 2021, and ₹12.0 in 2020.
How often does Ratnamani Metals & Tubes pay dividends?
Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes's dividend yield?
The current dividend yield for Ratnamani Metals & Tubes is 0.39%. 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 Ratnamani Metals & Tubes's exact dividend yield.
When does Ratnamani Metals & Tubes go ex dividend?
Ratnamani Metals & Tubes's ex-dividend date for the latest dividend was on 2024-08-20. Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes dividend paid?
Ratnamani Metals & Tubes pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes dividend per share?
Ratnamani Metals & Tubes paid ₹14.0 per share in 2024 and ₹12.0 per share in 2023. The amount of dividend per share that Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes a dividend stock?
Yes, Ratnamani Metals & Tubes is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ratnamani Metals & Tubes a good dividend stock?
Whether Ratnamani Metals & Tubes is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ratnamani Metals & Tubes has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes pay dividends monthly?
Ratnamani Metals & Tubes typically pays dividends on a annually basis.
Does Ratnamani Metals & Tubes pay dividends quarterly?
Ratnamani Metals & Tubes currently pays dividends on a annually basis.
Has Ratnamani Metals & Tubes ever paid a dividend?
Yes, Ratnamani Metals & Tubes has a history of paying dividends to its shareholders. Ratnamani Metals & Tubes is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ratnamani Metals & Tubes dividend stocks?
To buy Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes pay dividends 2024?
Ratnamani Metals & Tubes pays dividends on a annually basis. 2024 dividend payments are in 2024-09-26. 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 Ratnamani Metals & Tubes increase its dividend in 2024?
Decisions regarding Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes dividend overview you can look into the above table of dividend history.
How Ratnamani Metals & Tubes dividend works?
The Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes's dividend process works:

1. Determination of Dividend: Ratnamani Metals & Tubes'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, Ratnamani Metals & Tubes 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, Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes dividends paid?
Ratnamani Metals & Tubes dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Ratnamani Metals & Tubes 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, Ratnamani Metals & Tubes distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes pay dividends?
Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes pay dividends?
The general pattern is that Ratnamani Metals & Tubes 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 Ratnamani Metals & Tubes dividend safe?
The safety of Ratnamani Metals & Tubes'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 Ratnamani Metals & Tubes'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 Ratnamani Metals & Tubes'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.