Shakti Pumps (India) Limited engages in the manufacture and sale of submersible pumps and motors under the Shakti brand name in India. Its products include submersible, solar, vertical multistage centrifugal, monoblock end suction, pressure booster, wastewater, open well, helical, shallow well and slow speed, immersible, single shaft vertical multistage, solar openwell, micro smart, micro surface, horizontal split-case, firefighting, and plug and play pumps, as well as submersible, surface, and slip start synchronous motors. The company also provides solar pump controllers, solar drives, starters, inverters, RMS/IoT dongles, DU/DT filters, mechanical seal, and hydro-pneumatic booster systems, as well as support services. Its pumps are used for flood and micro irrigation, horticulture, domestic water supply, commercial, and industrial applications. The company also exports its products to approximately 100 countries. Shakti Pumps (India) Limited was incorporated in 1982 and is headquartered in Pithampur, India.
Shakti Pumps Dividend Announcement
• Shakti Pumps announced a annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• Shakti Pumps annual dividend for 2024 was ₹4.00
• Shakti Pumps annual dividend for 2023 was ₹2.00
• Shakti Pumps's trailing twelve-month (TTM) dividend yield is 0.08%
Shakti Pumps Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ₹4.00 | annually | 2024-10-30 |
2023-09-21 | ₹2.00 | annually | 2023-10-28 |
2022-09-21 | ₹2.00 | annually | 2022-10-29 |
2021-09-21 | ₹8.00 | annually | 2021-10-29 |
2021-09-20 | ₹8.00 | annually | |
2019-09-18 | ₹5.00 | annually | 2019-10-27 |
2018-09-18 | ₹3.70 | annually | 2018-10-27 |
2017-09-18 | ₹2.00 | annually | 2017-10-27 |
2016-09-16 | ₹1.50 | annually | |
2015-09-16 | ₹2.00 | annually | 2015-10-26 |
2014-07-23 | ₹2.00 | annually | 2014-08-30 |
2013-09-19 | ₹1.00 | annually | 2013-10-27 |
2012-09-20 | ₹1.00 | annually | 2012-10-28 |
Shakti Pumps Dividend per year
Shakti Pumps Dividend growth
Shakti Pumps Dividend Yield
Shakti Pumps current trailing twelve-month (TTM) dividend yield is 0.08%. Interested in purchasing Shakti Pumps stock? Use our calculator to estimate your expected dividend yield:
Shakti Pumps Financial Ratios
Shakti Pumps Dividend FAQ
Other factors to consider when evaluating Shakti Pumps 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: Shakti Pumps'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, Shakti Pumps 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, Shakti Pumps 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 Shakti Pumps 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: Shakti Pumps 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, Shakti Pumps distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shakti Pumps 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 Shakti Pumps'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 Shakti Pumps'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.