Sandhar Technologies Limited, together with its subsidiaries, designs, manufactures, assembles, and sells automotive components in India and Europe. It offers locking systems, hinges and latches, and door handles, as well as vision systems; sheet metal components; zinc, aluminum, and magnesium die casting products; plastic injection molded components; and commercial tooling products, such as plastic molds, and zinc and aluminum PDC dies, as well as painting, plating, and coating solutions. The company also provides operator cabins and structural parts, such as canopies, housings, panels, switchboards, control cabinets, and various type of hi-precision sheet metal components; automotive optoelectronic products, including AVN panels, keyless entry systems, reverse park assist systems, blind spot detection systems, and tire pressure monitoring systems and others; and fuel pumps, starter motors, ACG, oil filters, and wiper blades. In addition, it offers wheel rims and assemblies, clutches, fender assemblies, brake panels, and helmets. The company supplies components to original equipment manufacturers in two wheelers, four wheelers, and passenger and commercial vehicle industries. The company was incorporated in 1987 and is based in Gurugram, India.
Sandhar Technologies Dividend Announcement
• Sandhar Technologies announced a annually dividend of ₹3.25 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-17
• Sandhar Technologies annual dividend for 2024 was ₹3.25
• Sandhar Technologies annual dividend for 2023 was ₹2.50
• Sandhar Technologies's trailing twelve-month (TTM) dividend yield is 0.66%
• Sandhar Technologies's dividend growth over the last five years (2018-2023) was 14.87% year
Sandhar Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ₹3.25 | annually | 2024-10-24 |
2023-09-14 | ₹2.50 | annually | 2023-10-21 |
2022-09-14 | ₹2.25 | annually | 2022-10-22 |
2021-09-15 | ₹1.00 | annually | 2021-10-23 |
2021-02-24 | ₹1.25 | annually | 2021-03-15 |
2020-09-15 | ₹0.75 | annually | 2020-10-23 |
2020-02-18 | ₹1.25 | annually | 2020-03-10 |
2019-08-29 | ₹1.25 | annually | 2019-10-09 |
2018-11-15 | ₹1.25 | annually | 2018-12-04 |
Sandhar Technologies Dividend per year
Sandhar Technologies Dividend growth
Sandhar Technologies Dividend Yield
Sandhar Technologies current trailing twelve-month (TTM) dividend yield is 0.66%. Interested in purchasing Sandhar Technologies stock? Use our calculator to estimate your expected dividend yield:
Sandhar Technologies Financial Ratios
Sandhar Technologies Dividend FAQ
Other factors to consider when evaluating Sandhar Technologies 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: Sandhar Technologies'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, Sandhar Technologies 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, Sandhar Technologies 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 Sandhar Technologies 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: Sandhar Technologies 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, Sandhar Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sandhar Technologies 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 Sandhar Technologies'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 Sandhar Technologies'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.