Salzer Electronics Limited manufactures and supplies CAM operated rotary switches, selector switches, wiring ducts, voltmeter switches, and allied products primarily in India. The company offers industrial components, including cable ducts; changeover switches and solar isolators; general purpose relays; load break and photovoltaic isolators; and changeovers; relays; sensors; limit and foot switches; terminal connectors; customized control panels; and industrial plug and sockets. It also provides toroidal transformers, CT's and rogowski coils, inductors, chokes, filters, and three phase dry type transformers; building segment products, including automatic source changeover with current limiter, distribution boards, miniature circuit breakers, modular switches and speciality, movement sensors, remote switches, single phase motor starters, and house wires; industrial wires and cables, busbars and wire harness, enamelled copper wire, bunched copper conductors, tinned copper wires, and lan cables; motor control products, which include contractors and overload relays, motor protection circuit breaker, and miniature circuit breakers; and energy savers and panels, and street light controllers, as well as angle and batten holders, and wire duct cutters. Salzer Electronics Limited also exports its products. The company was incorporated in 1985 and is based in Coimbatore, India.
Salzer Electronics Dividend Announcement
• Salzer Electronics announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-08-30
• Salzer Electronics annual dividend for 2024 was ₹2.50
• Salzer Electronics annual dividend for 2023 was ₹2.20
• Salzer Electronics's trailing twelve-month (TTM) dividend yield is 0.24%
Salzer Electronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | ₹2.50 | annually | 2024-10-14 |
2023-08-25 | ₹2.20 | annually | 2023-10-09 |
2022-08-25 | ₹1.80 | annually | 2022-10-10 |
2021-08-26 | ₹1.60 | annually | 2021-10-13 |
2019-08-07 | ₹1.60 | annually | 2019-09-09 |
2018-09-12 | ₹1.60 | annually | 2018-10-22 |
2017-08-31 | ₹1.60 | annually | 2017-10-09 |
2016-06-09 | ₹1.60 | annually | 2016-09-12 |
Salzer Electronics Dividend per year
Salzer Electronics Dividend growth
Salzer Electronics Dividend Yield
Salzer Electronics current trailing twelve-month (TTM) dividend yield is 0.24%. Interested in purchasing Salzer Electronics stock? Use our calculator to estimate your expected dividend yield:
Salzer Electronics Financial Ratios
Salzer Electronics Dividend FAQ
Other factors to consider when evaluating Salzer Electronics 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: Salzer Electronics'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, Salzer Electronics 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, Salzer Electronics 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 Salzer Electronics 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: Salzer Electronics 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, Salzer Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Salzer Electronics 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 Salzer Electronics'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 Salzer Electronics'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.