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Sanghvi Movers Limited operates as a crane rental company in India. The company provides heavy lift, plant erection, and maintenance services to various large-scale projects. It operates a fleet of 387 medium to large size hydraulic truck mounted telescopic and lattice boom cranes, and crawler cranes. The company's equipment includes crawler mounted cranes with lattice boom; truck mounted cranes with telescopic boom; truck mounted cranes with lattice boom; hydraulic multi axle modular trailers; and forklifts and carries. Its cranes are used in the erection of power plants, refineries and petro-chemicals, windmills, steel and cement plants, fertilizer plants, windmill erections, and metro projects, as well as construction applications, such as heavy lifting and maintenance services. Sanghvi Movers Limited was incorporated in 1989 and is headquartered in Pune, India.

Sanghvi Movers Dividend Announcement

Sanghvi Movers announced a annually dividend of ₹6.00 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-08-20
Sanghvi Movers annual dividend for 2024 was ₹6.00
Sanghvi Movers annual dividend for 2023 was ₹4.00
Sanghvi Movers's trailing twelve-month (TTM) dividend yield is 0.87%

Sanghvi Movers Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-20₹6.00annually2024-10-03
2023-08-04₹4.00annually2023-09-21
2022-08-10₹1.00annually2022-09-17
2017-07-24₹4.00annually2017-09-08
2016-03-22₹6.00annually2016-10-22
2015-09-07₹0.50annually2015-10-23
2013-09-05₹1.00annually2013-10-23
2012-09-03₹3.00annually2012-10-17
2011-09-19₹3.00annually2011-10-30
2010-09-16₹3.00annually2010-10-04
2009-07-16₹2.00annually2009-08-03
2008-07-17₹6.00annually2008-08-08

Sanghvi Movers Dividend per year

Sanghvi Movers Dividend growth

Sanghvi Movers Dividend Yield

Sanghvi Movers current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing Sanghvi Movers stock? Use our calculator to estimate your expected dividend yield:

Sanghvi Movers Financial Ratios

P/E ratio16.83
PEG ratio0.17
P/B ratio2.85
ROE18.43%
Payout ratio0.00%
Current ratio1.91
Quick ratio1.89
Cash Ratio0.00

Sanghvi Movers Dividend FAQ

How much is the next Sanghvi Movers dividend?
Sanghvi Movers's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sanghvi Movers dividend. The next Sanghvi Movers dividend will be released in August.
When is Sanghvi Movers dividend paid?
Sanghvi Movers pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Sanghvi Movers pay?
The specific amount of Sanghvi Movers 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 Sanghvi Movers's dividend history.
Does Sanghvi Movers stock pay dividends?
Yes, Sanghvi Movers 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 Sanghvi Movers's dividend history.
How much dividend does Sanghvi Movers pay?
Sanghvi Movers paid ₹6.0 in 2024, ₹4.0 in 2023, ₹1.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Sanghvi Movers pay dividends?
Sanghvi Movers 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 August.
What is Sanghvi Movers's dividend yield?
The current dividend yield for Sanghvi Movers is 0.87%. 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 Sanghvi Movers's exact dividend yield.
When does Sanghvi Movers go ex dividend?
Sanghvi Movers's ex-dividend date for the latest dividend was on 2024-08-20. Sanghvi Movers 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 Sanghvi Movers dividend paid?
Sanghvi Movers pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Sanghvi Movers 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 Sanghvi Movers 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 Sanghvi Movers dividend per share?
Sanghvi Movers paid ₹6.0 per share in 2024 and ₹4.0 per share in 2023. The amount of dividend per share that Sanghvi Movers 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 Sanghvi Movers 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 Sanghvi Movers 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 Sanghvi Movers a dividend stock?
Yes, Sanghvi Movers is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sanghvi Movers a good dividend stock?
Whether Sanghvi Movers is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sanghvi Movers has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sanghvi Movers 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 Sanghvi Movers pay dividends monthly?
Sanghvi Movers typically pays dividends on a annually basis.
Does Sanghvi Movers pay dividends quarterly?
Sanghvi Movers currently pays dividends on a annually basis.
Has Sanghvi Movers ever paid a dividend?
Yes, Sanghvi Movers has a history of paying dividends to its shareholders. Sanghvi Movers is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sanghvi Movers dividend stocks?
To buy Sanghvi Movers 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 Sanghvi Movers 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 Sanghvi Movers pay dividends 2024?
Sanghvi Movers pays dividends on a annually basis. 2024 dividend payments are in 2024-10-03. 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 Sanghvi Movers increase its dividend in 2024?
Decisions regarding Sanghvi Movers 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 Sanghvi Movers dividend overview you can look into the above table of dividend history.
How Sanghvi Movers dividend works?
The Sanghvi Movers 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 Sanghvi Movers's dividend process works:

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

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

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