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Shanthi Gears Limited designs, manufactures, supplies, and services gears and gear boxes in India, the United States, Europe, and internationally. The company provides helical and bevel helical, worm, extruder, and cooling tower gear boxes, as well as geared motors. It also offers gears and pinions comprising spur / helical gears, worm spares, bevel gears, and internal gears; special gearboxes; and iron, iron castings, phosphor bronze, aluminum bronze, leaded bronze, and copper alloy castings. In addition, the company provides installation support, refurbishment, and on-site services; and engages in the exporting activities. Its products are used in steel, cement, paper, sugar, crane and material handling, power, rubber and plastics, off-highway and mining, process, compressor, railway, textile, and aerospace applications. The company was founded in 1960 and is based in Coimbatore, India. Shanthi Gears Limited is a subsidiary of Tube Investments of India Limited.

Shanthi Gears Dividend Announcement

Shanthi Gears announced a semi annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-07-19
Shanthi Gears annual dividend for 2024 was ₹5.00
Shanthi Gears annual dividend for 2023 was ₹5.00
Shanthi Gears's trailing twelve-month (TTM) dividend yield is 0.99%
Shanthi Gears's dividend growth over the last five years (2018-2023) was 37.97% year
Shanthi Gears's dividend growth over the last ten years (2013-2023) was 23.62% year

Shanthi Gears Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-19₹2.00semi annually2024-08-28
2024-02-09₹3.00semi annually
2023-07-14₹2.00semi annually2023-08-25
2023-02-08₹3.00semi annually2023-02-23
2022-02-14₹2.50semi annually2022-02-28
2021-02-22₹1.50semi annually2021-03-12
2020-03-11₹2.00semi annually2020-03-17
2019-07-11₹1.00semi annually2019-08-22
2019-01-04₹5.00semi annually2019-01-18
2018-02-15₹1.00semi annually2018-02-26
2017-07-13₹0.75semi annually2017-08-25
2016-02-08₹0.50semi annually2016-02-12
2015-02-12₹0.50semi annually2015-08-29
2014-02-06₹1.00semi annually2014-02-26
2013-07-11₹0.60semi annually2013-08-23

Shanthi Gears Dividend per year

Shanthi Gears Dividend growth

Shanthi Gears Dividend Yield

Shanthi Gears current trailing twelve-month (TTM) dividend yield is 0.99%. Interested in purchasing Shanthi Gears stock? Use our calculator to estimate your expected dividend yield:

Shanthi Gears Financial Ratios

P/E ratio43.08
PEG ratio0.27
P/B ratio10.33
ROE25.93%
Payout ratio0.00%
Current ratio3.19
Quick ratio2.33
Cash Ratio0.10

Shanthi Gears Dividend FAQ

How much is the next Shanthi Gears dividend?
Shanthi Gears's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shanthi Gears dividend. The next Shanthi Gears dividend will be released in February, or July.
When is Shanthi Gears dividend paid?
Shanthi Gears pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and July. 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 Shanthi Gears pay?
The specific amount of Shanthi Gears 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 Shanthi Gears's dividend history.
Does Shanthi Gears stock pay dividends?
Yes, Shanthi Gears 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 Shanthi Gears's dividend history.
How much dividend does Shanthi Gears pay?
Shanthi Gears paid ₹5.0 in 2024, ₹5.0 in 2023, ₹2.5 in 2022, ₹1.5 in 2021, and ₹2.0 in 2020.
How often does Shanthi Gears pay dividends?
Shanthi Gears typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and July.
What is Shanthi Gears's dividend yield?
The current dividend yield for Shanthi Gears is 0.99%. 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 Shanthi Gears's exact dividend yield.
When does Shanthi Gears go ex dividend?
Shanthi Gears's ex-dividend date for the latest dividend was on 2024-07-19. Shanthi Gears 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 Shanthi Gears dividend paid?
Shanthi Gears pays dividends on a semi annually basis, typically around February, or July, but the exact dates can vary each year.
Will Shanthi Gears 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 Shanthi Gears 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 Shanthi Gears dividend per share?
Shanthi Gears paid ₹5.0 per share in 2024 and ₹5.0 per share in 2023. The amount of dividend per share that Shanthi Gears 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 Shanthi Gears 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 Shanthi Gears 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 Shanthi Gears a dividend stock?
Yes, Shanthi Gears is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanthi Gears a good dividend stock?
Whether Shanthi Gears is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shanthi Gears has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shanthi Gears 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 Shanthi Gears pay dividends monthly?
Shanthi Gears typically pays dividends on a semi annually basis.
Does Shanthi Gears pay dividends quarterly?
Shanthi Gears currently pays dividends on a semi annually basis.
Has Shanthi Gears ever paid a dividend?
Yes, Shanthi Gears has a history of paying dividends to its shareholders. Shanthi Gears is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanthi Gears dividend stocks?
To buy Shanthi Gears 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 Shanthi Gears 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 Shanthi Gears pay dividends 2024?
Shanthi Gears pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-28. 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 Shanthi Gears increase its dividend in 2024?
Decisions regarding Shanthi Gears 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 Shanthi Gears dividend overview you can look into the above table of dividend history.
How Shanthi Gears dividend works?
The Shanthi Gears 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 Shanthi Gears's dividend process works:

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

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

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