Safari Industries (India) Limited manufactures and markets luggage and luggage related accessories in India. The company's products include hard and soft luggage bags; laptop, rain cover, and formal backpacks; and overnighters. It sells its products under the Safari, Magnum, Genius, and Genie brands through stores, as well as through online. The company was incorporated in 1980 and is based in Mumbai, India.
Safari Industries Dividend Announcement
• Safari Industries announced a quarterly dividend of ₹1.50 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-07-12 • Safari Industries annual dividend for 2024 was ₹1.50 • Safari Industries annual dividend for 2023 was ₹6.00 • Safari Industries's trailing twelve-month (TTM) dividend yield is 0.12%
Safari Industries current trailing twelve-month (TTM) dividend yield is 0.12%. Interested in purchasing Safari Industries stock? Use our calculator to estimate your expected dividend yield:
Safari Industries Financial Ratios
P/E ratio63.46
PEG ratio1.23
P/B ratio13.12
ROE25.47%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Safari Industries Dividend FAQ
How much is the next Safari Industries dividend?
Safari Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Safari Industries dividend. The next Safari Industries dividend will be released in February, July, or November.
When is Safari Industries dividend paid?
Safari Industries pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, July, and November. 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 Safari Industries pay?
The specific amount of Safari Industries 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 Safari Industries's dividend history.
Does Safari Industries stock pay dividends?
Yes, Safari Industries 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 Safari Industries's dividend history.
How much dividend does Safari Industries pay?
Safari Industries paid ₹1.5 in 2024, ₹6.0 in 2023, ₹0.8 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Safari Industries pay dividends?
Safari Industries typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, July, and November.
What is Safari Industries's dividend yield?
The current dividend yield for Safari Industries is 0.12%. 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 Safari Industries's exact dividend yield.
When does Safari Industries go ex dividend?
Safari Industries's ex-dividend date for the latest dividend was on 2024-07-12. Safari Industries 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 Safari Industries dividend paid?
Safari Industries pays dividends on a quarterly basis, typically around February, July, or November, but the exact dates can vary each year.
Will Safari Industries 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 Safari Industries 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 Safari Industries dividend per share?
Safari Industries paid ₹1.5 per share in 2024 and ₹6.0 per share in 2023. The amount of dividend per share that Safari Industries 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 Safari Industries 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 Safari Industries 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 Safari Industries a dividend stock?
Yes, Safari Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Safari Industries a good dividend stock?
Whether Safari Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Safari Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Safari Industries 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 Safari Industries pay dividends monthly?
Safari Industries typically pays dividends on a quarterly basis.
Does Safari Industries pay dividends quarterly?
Safari Industries currently pays dividends on a quarterly basis.
Has Safari Industries ever paid a dividend?
Yes, Safari Industries has a history of paying dividends to its shareholders. Safari Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Safari Industries dividend stocks?
To buy Safari Industries 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 Safari Industries 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 Safari Industries pay dividends 2024?
Safari Industries pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-30. 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 Safari Industries increase its dividend in 2024?
Decisions regarding Safari Industries 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 Safari Industries dividend overview you can look into the above table of dividend history.
How Safari Industries dividend works?
The Safari Industries 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 Safari Industries's dividend process works:
1. Determination of Dividend: Safari Industries'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, Safari Industries 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, Safari Industries 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 Safari Industries 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 Safari Industries dividends paid?
Safari Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Safari Industries 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, Safari Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Safari Industries 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 Safari Industries pay dividends?
Safari Industries typically pays dividends on a quarterly 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 Safari Industries pay dividends?
The general pattern is that Safari Industries pays dividends around February, July, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Safari Industries dividend safe?
The safety of Safari Industries'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 Safari Industries'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 Safari Industries'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.