Samvardhana Motherson International Limited engages in the manufacture and sale of components for automotive original equipment manufacturers in India and internationally. The company offers interior and exterior mirrors, and camera-based detection systems; modules and polymer products; cutting and gear cutting tools, and machining of high precision metal machined components; and technology, engineering, and manufacturing solutions. It also provides exterior lighting and electronics, passenger car HVAC and compressors, body control module, struts, shock absorbers, and backyard integration products; logistics solutions; and health and medical products, solutions, and services, as well as integrated solutions for aerospace industry. In addition, the company offers industrial park; manufacturing engineering, consultation, project management, and turnkey supplies to the automotive industry; and machine tools and hydraulic products trading. Further, it designs, manufactures, and integrates electrical distribution systems, electronics, and related components for commercial vehicle industries, rolling stock manufacturers, and other related segments. The company was formerly known as Motherson Sumi Systems Limited and changed its name to Samvardhana Motherson International Limited in May 2022. The company was incorporated in 1986 and is headquartered in Noida, India.
Samvardhana Motherson International Dividend Announcement
• Samvardhana Motherson International announced a annually dividend of ₹0.80 per ordinary share which will be made payable on 2024-09-21. Ex dividend date: 2024-08-14
• Samvardhana Motherson International annual dividend for 2024 was ₹0.80
• Samvardhana Motherson International annual dividend for 2023 was ₹0.65
• Samvardhana Motherson International's trailing twelve-month (TTM) dividend yield is 0.48%
• Samvardhana Motherson International's dividend growth over the last five years (2018-2023) was -21.99% year
• Samvardhana Motherson International's dividend growth over the last ten years (2013-2023) was -10.63% year
Samvardhana Motherson International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-14 | ₹0.80 | annually | 2024-09-21 |
2023-08-11 | ₹0.65 | annually | 2023-09-27 |
2022-08-12 | ₹0.65 | annually | 2022-09-28 |
2021-09-03 | ₹1.50 | annually | 2021-10-17 |
2020-03-12 | ₹1.50 | annually | 2020-03-17 |
2019-08-08 | ₹1.50 | annually | 2019-09-13 |
2018-08-08 | ₹2.25 | annually | 2018-09-12 |
2017-08-14 | ₹2.00 | annually | 2017-09-20 |
2016-03-22 | ₹2.50 | annually | |
2015-07-23 | ₹3.00 | annually | |
2014-08-19 | ₹2.50 | annually | |
2013-08-21 | ₹2.00 | annually |
Samvardhana Motherson International Dividend per year
Samvardhana Motherson International Dividend growth
Samvardhana Motherson International Dividend Yield
Samvardhana Motherson International current trailing twelve-month (TTM) dividend yield is 0.48%. Interested in purchasing Samvardhana Motherson International stock? Use our calculator to estimate your expected dividend yield:
Samvardhana Motherson International Financial Ratios
Samvardhana Motherson International Dividend FAQ
Other factors to consider when evaluating Samvardhana Motherson International 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: Samvardhana Motherson International'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, Samvardhana Motherson International 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, Samvardhana Motherson International 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 Samvardhana Motherson International 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: Samvardhana Motherson International 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, Samvardhana Motherson International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Samvardhana Motherson International 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 Samvardhana Motherson International'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 Samvardhana Motherson International'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.