SKF India Limited supplies rotating equipment in automotive and industrial segment in India. It offers rolling bearings, bearings accessories, engineered products, and track rollers; and mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, and magnetic bearings and systems. The company also provides industrial seals, such as power transmission, hydraulic, fluid handling, and machined seals, as well as engineering services; automotive seals; and lubrication management products, such as automatic lubrication systems, lubrication system components, lubricants, lubricators, and manual lubrication tools. In addition, it offers maintenance products comprises hydraulic, mechanical, and alignment tools, as well as heaters; condition monitoring systems, such as basic and portable monitoring products, surveillance systems, and machine protection products; and power transmission solutions, including belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems. Further, the company provides test and measuring equipment consisting of noise and vibration testers, grease test rigs, and waviness, roundness, as well as services for test and measuring equipment; and supplies replacement parts. Additionally, it offers technical consultancy, numerical simulation and design, and root cause analysis services; asset management; mechanical and condition based maintenance; remanufacturing; and training services in various fields. It serves aerospace, agriculture, cars and light trucks, construction, food and beverage, machine tools, marine, material handling, metals, mining, mineral processing and cement, ocean energy, and other industries. SKF India Limited was founded in 1923 and is based in Pune, India.
SKF India Dividend Announcement
• SKF India announced a annually dividend of ₹130.00 per ordinary share which will be made payable on 2024-09-11. Ex dividend date: 2024-07-04
• SKF India annual dividend for 2024 was ₹130.00
• SKF India annual dividend for 2023 was ₹40.00
• SKF India's trailing twelve-month (TTM) dividend yield is 2.67%
• SKF India's dividend growth over the last five years (2018-2023) was 27.23% year
• SKF India's dividend growth over the last ten years (2013-2023) was 18.22% year
SKF India Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-04 | ₹130.00 | annually | 2024-09-11 |
| 2023-06-28 | ₹40.00 | annually | 2023-09-01 |
| 2022-06-28 | ₹14.50 | annually | 2022-08-26 |
| 2021-07-05 | ₹14.50 | annually | 2021-08-22 |
| 2020-07-14 | ₹130.00 | annually | 2020-08-22 |
| 2019-07-11 | ₹12.00 | annually | 2019-08-22 |
| 2018-07-13 | ₹12.00 | annually | 2018-08-24 |
| 2017-07-18 | ₹10.00 | annually | 2017-08-27 |
| 2016-07-08 | ₹15.00 | annually | 2016-08-19 |
| 2015-04-08 | ₹2.50 | annually | 2015-05-23 |
| 2014-09-23 | ₹7.50 | annually | 2014-10-19 |
| 2014-04-11 | ₹7.50 | annually | 2014-05-01 |
| 2013-04-18 | ₹7.50 | annually | 2013-05-30 |
SKF India Dividend per year
SKF India Dividend growth
SKF India Dividend Yield
SKF India current trailing twelve-month (TTM) dividend yield is 2.67%. Interested in purchasing SKF India stock? Use our calculator to estimate your expected dividend yield:
SKF India Financial Ratios
P/E ratio42.76
PEG ratio0.55
P/B ratio10.45
ROE22.99%
Payout ratio0.00%
Current ratio2.17
Quick ratio1.47
Cash Ratio0.66
SKF India Dividend FAQ
How much is the next SKF India dividend?
SKF 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 SKF India dividend. The next SKF India dividend will be released in June.
When is SKF India dividend paid?
SKF India pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 SKF India pay?
The specific amount of SKF 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 SKF India's dividend history.
Does SKF India stock pay dividends?
Yes, SKF 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 SKF India's dividend history.
How much dividend does SKF India pay?
SKF India paid ₹130.0 in 2024, ₹40.0 in 2023, ₹14.5 in 2022, ₹14.5 in 2021, and ₹130.0 in 2020.
How often does SKF India pay dividends?
SKF 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 June.
What is SKF India's dividend yield?
The current dividend yield for SKF India is 2.67%. 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 SKF India's exact dividend yield.
When does SKF India go ex dividend?
SKF India's ex-dividend date for the latest dividend was on 2024-07-04. SKF 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 SKF India dividend paid?
SKF India pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will SKF 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 SKF 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 SKF India dividend per share?
SKF India paid ₹130.0 per share in 2024 and ₹40.0 per share in 2023. The amount of dividend per share that SKF 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 SKF 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 SKF 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 SKF India a dividend stock?
Yes, SKF India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SKF India a good dividend stock?
Whether SKF 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. SKF India has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating SKF 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 SKF 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 SKF India pay dividends monthly?
SKF India typically pays dividends on a annually basis.
Does SKF India pay dividends quarterly?
SKF India currently pays dividends on a annually basis.
Has SKF India ever paid a dividend?
Yes, SKF India has a history of paying dividends to its shareholders. SKF India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SKF India dividend stocks?
To buy SKF 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 SKF 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 SKF 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 SKF India pay dividends 2024?
SKF India pays dividends on a annually basis. 2024 dividend payments are in 2024-09-11. 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 SKF India increase its dividend in 2024?
Decisions regarding SKF 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 SKF India dividend overview you can look into the above table of dividend history.
How SKF India dividend works?
The SKF 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 SKF India's dividend process works:
1. Determination of Dividend: SKF 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, SKF 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, SKF 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 SKF 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: SKF 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, SKF 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, SKF 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 SKF 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 SKF India dividends paid?
SKF India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: SKF 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, SKF 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: SKF 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: SKF 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, SKF 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: SKF 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 SKF India pay dividends?
SKF 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 SKF India pay dividends?
The general pattern is that SKF India pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is SKF India dividend safe?
The safety of SKF 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 SKF 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 SKF 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 SKF 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 SKF 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.