Schaeffler India Limited develops, manufactures, and distributes high-precision roller and ball bearings, and related components worldwide. It offers ball, cylindrical, spherical, and tapered roller bearings, as well as wheel bearings. The company also provides engine and transmission components for front accessory drive systems, chain drive systems, valve train components, shift systems, and a range of needle roller bearings and elements; clutch systems and dual mass flywheels for passenger cars, light commercial vehicles, heavy commercial vehicles, and tractors; and concentric slave cylinder, clutch master cylinder, semi slave cylinder, adapter, and high-pressure pipe assemblies. In addition, it offers engine oil, transmission oil, grease, coolant, hydraulic oil, and shock absorber oil. The company offers its products under the brand names of Schaeffler, LuK, INA, FAG, and Schaeffler TruPower. It serves the construction machinery, electrical engineering, industrial gear, mining and cement, power generation, agricultural engineering, steel plant, motorcycle, textile machinery, machine tool, wind power, pulp and paper, automotive and tractor, precision equipment, machine tools and material handling, car and truck, railway, two wheelers, renewable energy, power transmission, off highway, automation, and heavy, as well as MRO-steel, raw material, power, paper, and pulp industries. The company was formerly known as FAG Bearings India Limited and changed its name to Schaeffler India Limited in July 2017. Schaeffler India Limited was incorporated in 1962 and is based in Pune, India.
Schaeffler India Dividend Announcement
• Schaeffler India announced a annually dividend of ₹26.00 per ordinary share which will be made payable on . Ex dividend date: 2024-04-19
• Schaeffler India annual dividend for 2024 was ₹26.00
• Schaeffler India annual dividend for 2023 was ₹24.00
• Schaeffler India's trailing twelve-month (TTM) dividend yield is 0.75%
• Schaeffler India's dividend growth over the last five years (2018-2023) was 7.14% year
• Schaeffler India's dividend growth over the last ten years (2013-2023) was 16.98% year
Schaeffler India Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-04-19 | ₹26.00 | annually | |
| 2023-04-11 | ₹24.00 | annually | 2023-05-18 |
| 2022-04-19 | ₹16.00 | annually | 2022-05-27 |
| 2021-04-19 | ₹38.00 | annually | 2021-05-27 |
| 2020-06-19 | ₹35.00 | annually | 2020-07-30 |
| 2019-04-22 | ₹10.00 | annually | 2019-05-30 |
| 2018-04-09 | ₹17.00 | annually | 2018-05-17 |
| 2017-04-12 | ₹12.00 | annually | 2017-05-21 |
| 2016-04-13 | ₹10.00 | annually | 2016-05-27 |
| 2015-03-30 | ₹7.50 | annually | 2015-04-30 |
| 2014-03-27 | ₹6.00 | annually | 2014-05-01 |
| 2013-03-26 | ₹5.00 | annually | 2013-06-21 |
Schaeffler India Dividend per year
Schaeffler India Dividend growth
Schaeffler India Dividend Yield
Schaeffler India current trailing twelve-month (TTM) dividend yield is 0.75%. Interested in purchasing Schaeffler India stock? Use our calculator to estimate your expected dividend yield:
Schaeffler India Financial Ratios
P/E ratio59.48
PEG ratio0.59
P/B ratio11.14
ROE19.34%
Payout ratio0.00%
Current ratio2.50
Quick ratio1.53
Cash Ratio0.66
Schaeffler India Dividend FAQ
How much is the next Schaeffler India dividend?
Schaeffler India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Schaeffler India dividend. The next Schaeffler India dividend will be released in April.
When is Schaeffler India dividend paid?
Schaeffler India pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 Schaeffler India pay?
The specific amount of Schaeffler India 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 Schaeffler India's dividend history.
Does Schaeffler India stock pay dividends?
Yes, Schaeffler India 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 Schaeffler India's dividend history.
How much dividend does Schaeffler India pay?
Schaeffler India paid ₹26.0 in 2024, ₹24.0 in 2023, ₹16.0 in 2022, ₹38.0 in 2021, and ₹35.0 in 2020.
How often does Schaeffler India pay dividends?
Schaeffler India 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 April.
What is Schaeffler India's dividend yield?
The current dividend yield for Schaeffler India is 0.75%. 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 Schaeffler India's exact dividend yield.
When does Schaeffler India go ex dividend?
Schaeffler India's ex-dividend date for the latest dividend was on 2024-04-19. Schaeffler India 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 Schaeffler India dividend paid?
Schaeffler India pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Schaeffler India 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 Schaeffler India 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 Schaeffler India dividend per share?
Schaeffler India paid ₹26.0 per share in 2024 and ₹24.0 per share in 2023. The amount of dividend per share that Schaeffler India 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 Schaeffler India 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 Schaeffler India 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 Schaeffler India a dividend stock?
Yes, Schaeffler India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Schaeffler India a good dividend stock?
Whether Schaeffler India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Schaeffler India has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Schaeffler India 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.
Other factors to consider when evaluating Schaeffler India 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 Schaeffler India pay dividends monthly?
Schaeffler India typically pays dividends on a annually basis.
Does Schaeffler India pay dividends quarterly?
Schaeffler India currently pays dividends on a annually basis.
Has Schaeffler India ever paid a dividend?
Yes, Schaeffler India has a history of paying dividends to its shareholders. Schaeffler India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Schaeffler India dividend stocks?
To buy Schaeffler India 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 Schaeffler India 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.
Place an order: Use the brokerage's trading platform to place an order to buy Schaeffler India 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 Schaeffler India pay dividends 2024?
Schaeffler India pays dividends on a annually basis. 2024 dividend payments are in . 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 Schaeffler India increase its dividend in 2024?
Decisions regarding Schaeffler India 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 Schaeffler India dividend overview you can look into the above table of dividend history.
How Schaeffler India dividend works?
The Schaeffler India 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 Schaeffler India's dividend process works:
1. Determination of Dividend: Schaeffler India'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, Schaeffler India 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, Schaeffler India 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 Schaeffler India 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. Determination of Dividend: Schaeffler India'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, Schaeffler India 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, Schaeffler India 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 Schaeffler India 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 Schaeffler India dividends paid?
Schaeffler India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Schaeffler India 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, Schaeffler India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Schaeffler India 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.
1. Record Date: Schaeffler India 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, Schaeffler India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Schaeffler India 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 Schaeffler India pay dividends?
Schaeffler India 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 Schaeffler India pay dividends?
The general pattern is that Schaeffler India pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Schaeffler India dividend safe?
The safety of Schaeffler India'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 Schaeffler India'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 Schaeffler India'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.
To assess the safety of Schaeffler India'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 Schaeffler India'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.