Relaxo Footwears Limited manufactures and sells footwear for men, women, and kids in India and internationally. It offers casual, running, athleisure, walking, formal, sports, school, and training and gym shoes. The company also provides slippers, sandals, flip flops, slides, chappals, casuals, belles, and clogs. In addition, it offers footwear accessories. The company provides its products under the Relaxo, Bahamas, Flite, Sparx, BOSTON, and Mary Jane brands. It sells its products through 394 exclusive brand outlets; and e-commerce portals. Relaxo Footwears Limited was founded in 1976 and is based in New Delhi, India.
Relaxo Footwears Dividend Announcement
• Relaxo Footwears announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-08-22
• Relaxo Footwears annual dividend for 2024 was ₹3.00
• Relaxo Footwears annual dividend for 2023 was ₹2.50
• Relaxo Footwears's trailing twelve-month (TTM) dividend yield is 0.39%
• Relaxo Footwears's dividend growth over the last five years (2018-2023) was 10.76% year
• Relaxo Footwears's dividend growth over the last ten years (2013-2023) was 2.26% year
Relaxo Footwears Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | ₹3.00 | annually | 2024-09-27 |
2023-08-17 | ₹2.50 | annually | 2023-09-22 |
2022-08-17 | ₹2.50 | annually | 2022-09-23 |
2021-08-17 | ₹2.50 | annually | 2021-09-25 |
2020-03-11 | ₹1.25 | annually | 2020-03-28 |
2019-09-18 | ₹0.90 | annually | 2019-10-26 |
2018-09-18 | ₹1.50 | annually | 2018-10-27 |
2017-09-13 | ₹1.00 | annually | 2017-10-21 |
2016-09-07 | ₹0.60 | annually | 2016-10-15 |
2015-09-15 | ₹0.50 | annually | 2015-10-23 |
2014-09-10 | ₹0.50 | annually | 2014-10-18 |
2013-09-11 | ₹2.00 | annually | 2013-10-19 |
Relaxo Footwears Dividend per year
Relaxo Footwears Dividend growth
Relaxo Footwears Dividend Yield
Relaxo Footwears current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing Relaxo Footwears stock? Use our calculator to estimate your expected dividend yield:
Relaxo Footwears Financial Ratios
Relaxo Footwears Dividend FAQ
Other factors to consider when evaluating Relaxo Footwears 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: Relaxo Footwears'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, Relaxo Footwears 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, Relaxo Footwears 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 Relaxo Footwears 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: Relaxo Footwears 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, Relaxo Footwears distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Relaxo Footwears 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 Relaxo Footwears'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 Relaxo Footwears'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.