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RHI Magnesita India Limited manufactures and trades in refractories, monolithics, bricks, and ceramic paper for the iron and steel industry primarily in India. The company offers isostatically pressed continuous casting refractories; slide gate plate; nozzles and well blocks; tundish nozzles; and bottom purging refractories and top purging lances, as well as rendering management services. It also provides slag arresting darts; basic spray mass for tundish working linings; castables; alumina bricks; and magnesia carbon bricks. In addition, the company serves steel, cement, nonferrous metals, glass, environment and energy, foundry, and paper and pulp industry. It also exports its products to approximately 70 countries. The company was formerly known as Orient Refractories Limited and changed its name to RHI Magnesita India Limited in July 2021. The company was incorporated in 2010 and is based in Gurugram, India. RHI Magnesita India Limited is a subsidiary of Dutch US Holding B.V.

RHI Magnesita India Dividend Announcement

RHI Magnesita India announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-13. Ex dividend date: 2024-09-05
RHI Magnesita India annual dividend for 2024 was ₹2.50
RHI Magnesita India annual dividend for 2023 was ₹2.50
RHI Magnesita India's trailing twelve-month (TTM) dividend yield is 0.45%
RHI Magnesita India's dividend growth over the last ten years (2013-2023) was 9.60% year

RHI Magnesita India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-05₹2.50annually2024-10-13
2023-09-14₹2.50annually2023-10-28
2022-09-14₹2.50annually2022-10-26
2021-09-17₹2.50annually2021-10-06
2020-08-07₹2.50annually2020-09-04
2019-06-28₹2.50annually2019-08-22
2018-08-24₹2.50annually2018-10-10
2017-09-08₹2.50annually2017-09-30
2016-09-12₹1.45annually
2015-09-04₹1.40annually
2014-09-09₹1.25annually
2013-09-10₹1.00annually

RHI Magnesita India Dividend per year

RHI Magnesita India Dividend growth

RHI Magnesita India Dividend Yield

RHI Magnesita India current trailing twelve-month (TTM) dividend yield is 0.45%. Interested in purchasing RHI Magnesita India stock? Use our calculator to estimate your expected dividend yield:

RHI Magnesita India Financial Ratios

P/E ratio-116.13
PEG ratio-15.36
P/B ratio2.96
ROE-2.55%
Payout ratio0.00%
Current ratio2.38
Quick ratio1.33
Cash Ratio0.08

RHI Magnesita India Dividend FAQ

How much is the next RHI Magnesita India dividend?
RHI Magnesita India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next RHI Magnesita India dividend. The next RHI Magnesita India dividend will be released in September.
When is RHI Magnesita India dividend paid?
RHI Magnesita India pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 RHI Magnesita India pay?
The specific amount of RHI Magnesita India 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 RHI Magnesita India's dividend history.
Does RHI Magnesita India stock pay dividends?
Yes, RHI Magnesita India 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 RHI Magnesita India's dividend history.
How much dividend does RHI Magnesita India pay?
RHI Magnesita India paid ₹2.5 in 2024, ₹2.5 in 2023, ₹2.5 in 2022, ₹2.5 in 2021, and ₹2.5 in 2020.
How often does RHI Magnesita India pay dividends?
RHI Magnesita India 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 September.
What is RHI Magnesita India's dividend yield?
The current dividend yield for RHI Magnesita India is 0.45%. 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 RHI Magnesita India's exact dividend yield.
When does RHI Magnesita India go ex dividend?
RHI Magnesita India's ex-dividend date for the latest dividend was on 2024-09-05. RHI Magnesita India 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 RHI Magnesita India dividend paid?
RHI Magnesita India pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will RHI Magnesita India 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 RHI Magnesita India 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 RHI Magnesita India dividend per share?
RHI Magnesita India paid ₹2.5 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that RHI Magnesita India 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 RHI Magnesita India 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 RHI Magnesita India 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 RHI Magnesita India a dividend stock?
Yes, RHI Magnesita India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is RHI Magnesita India a good dividend stock?
Whether RHI Magnesita India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. RHI Magnesita India has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating RHI Magnesita India 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 RHI Magnesita India pay dividends monthly?
RHI Magnesita India typically pays dividends on a annually basis.
Does RHI Magnesita India pay dividends quarterly?
RHI Magnesita India currently pays dividends on a annually basis.
Has RHI Magnesita India ever paid a dividend?
Yes, RHI Magnesita India has a history of paying dividends to its shareholders. RHI Magnesita India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy RHI Magnesita India dividend stocks?
To buy RHI Magnesita India 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 RHI Magnesita India 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 RHI Magnesita India pay dividends 2024?
RHI Magnesita India pays dividends on a annually basis. 2024 dividend payments are in 2024-10-13. 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 RHI Magnesita India increase its dividend in 2024?
Decisions regarding RHI Magnesita India 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 RHI Magnesita India dividend overview you can look into the above table of dividend history.
How RHI Magnesita India dividend works?
The RHI Magnesita India 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 RHI Magnesita India's dividend process works:

1. Determination of Dividend: RHI Magnesita India'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, RHI Magnesita India 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, RHI Magnesita India 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 RHI Magnesita India 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 RHI Magnesita India dividends paid?
RHI Magnesita India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: RHI Magnesita India 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, RHI Magnesita India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: RHI Magnesita India 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 RHI Magnesita India pay dividends?
RHI Magnesita India 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 RHI Magnesita India pay dividends?
The general pattern is that RHI Magnesita India pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is RHI Magnesita India dividend safe?
The safety of RHI Magnesita India'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 RHI Magnesita India'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 RHI Magnesita India'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.