Redington Limited provides supply chain solutions in India and internationally. It offers hyperconverged infrastructure, enterprise storage, all-flash, storage visualization, and fault tolerant solutions; enterprise networking and WAN solutions; AI and automation, software applications, security, digital printing, data and analytics, infrastructure, 3D printing, network modernization, cyber security, solar, gaming, AE and VR, home automation, wearables, and displays; and next-gen firewall, web application firewall, secure access service edge, endpoint security, and identity and access management solutions. The company also engages in the distribution of information technology, mobility, and other technology products comprising laptops, tablets, servers, software, notebooks, workstations, networking, power supply, desktops, accessories, components, and smart lighting products. In addition, it offers technology services comprising consulting as a service, training as a service, infrastructure transformation, software consulting, virtualization and application delivery, networking, cybersecurity, and cloud services; and logistics services, such as warehousing, reverse logistics, in plant logistics and project management, supply chain consulting, ecommerce, mission-critical, and transportation services. Further, the company provides supply chain management, sourcing and procurement, sales and lead generation, and finance and accounting services; and financial services comprising channel financing, project financing, leasing, credit card based financing, and but now and pay later services, as well as cloud consulting, managed, and security solutions. It serves healthcare, finance, print services providers, hospitality, manufacturing, education, government, retail, and IT/ITes industries. The company was formerly known as Redington (India) Limited and changed its name to Redington Limited. Redington Limited was incorporated in 1961 and is headquartered in Chennai, India.
Redington Dividend Announcement
• Redington announced a annually dividend of ₹6.20 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-07-05
• Redington annual dividend for 2024 was ₹6.20
• Redington annual dividend for 2023 was ₹7.20
• Redington's trailing twelve-month (TTM) dividend yield is 3.28%
Redington Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-05 | ₹6.20 | annually | 2024-08-29 |
| 2023-07-07 | ₹7.20 | annually | 2023-08-30 |
| 2017-07-20 | ₹4.60 | annually | 2017-08-27 |
| 2017-02-14 | ₹4.00 | annually | 2017-03-02 |
| 2016-07-19 | ₹4.20 | annually | |
| 2015-07-24 | ₹3.80 | annually | |
| 2014-07-22 | ₹1.80 | annually | |
| 2013-07-24 | ₹0.80 | annually | |
| 2012-07-23 | ₹0.80 | annually | |
| 2011-07-14 | ₹2.20 | annually | |
| 2010-07-12 | ₹25.00 | annually | |
| 2009-07-16 | ₹20.00 | annually | |
| 2008-07-17 | ₹17.50 | annually |
Redington Dividend per year
Redington Dividend growth
Redington Dividend Yield
Redington current trailing twelve-month (TTM) dividend yield is 3.28%. Interested in purchasing Redington stock? Use our calculator to estimate your expected dividend yield:
Redington Financial Ratios
P/E ratio12.26
PEG ratio0.12
P/B ratio1.94
ROE15.94%
Payout ratio0.00%
Current ratio1.37
Quick ratio1.01
Cash Ratio0.09
Redington Dividend FAQ
How much is the next Redington dividend?
Redington's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Redington dividend. The next Redington dividend will be released in July.
When is Redington dividend paid?
Redington 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 Redington pay?
The specific amount of Redington 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 Redington's dividend history.
Does Redington stock pay dividends?
Yes, Redington 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 Redington's dividend history.
How much dividend does Redington pay?
Redington paid ₹6.2 in 2024, ₹7.2 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Redington pay dividends?
Redington 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 Redington's dividend yield?
The current dividend yield for Redington is 3.28%. 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 Redington's exact dividend yield.
When does Redington go ex dividend?
Redington's ex-dividend date for the latest dividend was on 2024-07-05. Redington 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 Redington dividend paid?
Redington pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Redington 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 Redington 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 Redington dividend per share?
Redington paid ₹6.2 per share in 2024 and ₹7.2 per share in 2023. The amount of dividend per share that Redington 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 Redington 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 Redington 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 Redington a dividend stock?
Yes, Redington is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Redington a good dividend stock?
Whether Redington is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Redington has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Redington 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 Redington 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 Redington pay dividends monthly?
Redington typically pays dividends on a annually basis.
Does Redington pay dividends quarterly?
Redington currently pays dividends on a annually basis.
Has Redington ever paid a dividend?
Yes, Redington has a history of paying dividends to its shareholders. Redington is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Redington dividend stocks?
To buy Redington 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 Redington 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 Redington 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 Redington pay dividends 2024?
Redington 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 Redington increase its dividend in 2024?
Decisions regarding Redington 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 Redington dividend overview you can look into the above table of dividend history.
How Redington dividend works?
The Redington 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 Redington's dividend process works:
1. Determination of Dividend: Redington'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, Redington 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, Redington 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 Redington 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: Redington'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, Redington 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, Redington 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 Redington 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 Redington dividends paid?
Redington dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Redington 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, Redington distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Redington 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: Redington 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, Redington distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Redington 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 Redington pay dividends?
Redington 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 Redington pay dividends?
The general pattern is that Redington 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 Redington dividend safe?
The safety of Redington'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 Redington'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 Redington'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 Redington'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 Redington'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.