Sobha Limited engages in the construction, development, sale, management, and operation of residential and commercial projects primarily in India. It operates through two segments, Real Estate, and Contractual and Manufacturing. The company's residential projects include luxury and super luxury apartments, presidential apartments, villas, row houses, plotted developments, and aspirational homes; and contractual projects for corporates comprise offices, convention centers, software development blocks, multiplex theatres, hostel facilities, hotels, guest houses, food courts, restaurants, research centers, club houses, and factory buildings. It also manufactures corporate and residential interiors, and solid wood veneer and MDF panelled doors; and panelling, partitions, tables, and loose furniture like chairs, sofas, cots and modular kitchens, etc. In addition, the company manufactures and markets aluminum doors, windows, structural glazing products, MS and SS metal fabrications, aluminum composite panels and SS claddings, and pre-engineered buildings; and undertakes other architectural metal works. Further, it manufactures concrete products, such as concrete blocks, pavers, kerbs, water drainage channels, paving slabs, and landscape products; and mattresses under the Restoplus brand. The company was formerly known as Sobha Developers Limited and changed its name to Sobha Limited in August 2014. Sobha Limited was incorporated in 1995 and is headquartered in Bengaluru, India.
Sobha Dividend Announcement
• Sobha announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-07-26
• Sobha annual dividend for 2024 was ₹3.00
• Sobha annual dividend for 2023 was ₹3.00
• Sobha's trailing twelve-month (TTM) dividend yield is 0.18%
• Sobha's dividend growth over the last five years (2018-2023) was -15.59% year
• Sobha's dividend growth over the last ten years (2013-2023) was -8.12% year
Sobha Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-26 | ₹3.00 | annually | 2024-09-05 |
| 2023-07-28 | ₹3.00 | annually | 2023-09-06 |
| 2022-07-28 | ₹3.00 | annually | 2022-09-08 |
| 2021-07-29 | ₹3.50 | annually | 2021-09-12 |
| 2020-07-23 | ₹7.00 | annually | 2020-09-05 |
| 2019-07-24 | ₹7.00 | annually | 2019-09-08 |
| 2018-07-25 | ₹7.00 | annually | 2018-09-03 |
| 2017-07-20 | ₹2.50 | annually | 2017-08-31 |
| 2016-07-21 | ₹2.00 | annually | 2016-08-31 |
| 2015-07-02 | ₹7.00 | annually | 2015-08-14 |
| 2014-07-03 | ₹7.00 | annually | 2014-08-10 |
| 2013-06-27 | ₹7.00 | annually | 2013-08-04 |
Sobha Dividend per year
Sobha Dividend growth
Sobha Dividend Yield
Sobha current trailing twelve-month (TTM) dividend yield is 0.18%. Interested in purchasing Sobha stock? Use our calculator to estimate your expected dividend yield:
Sobha Financial Ratios
P/E ratio310.90
PEG ratio3.76
P/B ratio4.81
ROE1.97%
Payout ratio0.00%
Current ratio1.17
Quick ratio0.23
Cash Ratio0.03
Sobha Dividend FAQ
How much is the next Sobha dividend?
Sobha's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sobha dividend. The next Sobha dividend will be released in July.
When is Sobha dividend paid?
Sobha pays dividends on a annually basis. The specific dates may vary each year but are generally around 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 Sobha pay?
The specific amount of Sobha 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 Sobha's dividend history.
Does Sobha stock pay dividends?
Yes, Sobha 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 Sobha's dividend history.
How much dividend does Sobha pay?
Sobha paid ₹3.0 in 2024, ₹3.0 in 2023, ₹3.0 in 2022, ₹3.5 in 2021, and ₹7.0 in 2020.
How often does Sobha pay dividends?
Sobha 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 July.
What is Sobha's dividend yield?
The current dividend yield for Sobha is 0.18%. 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 Sobha's exact dividend yield.
When does Sobha go ex dividend?
Sobha's ex-dividend date for the latest dividend was on 2024-07-26. Sobha 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 Sobha dividend paid?
Sobha pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Sobha 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 Sobha 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 Sobha dividend per share?
Sobha paid ₹3.0 per share in 2024 and ₹3.0 per share in 2023. The amount of dividend per share that Sobha 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 Sobha 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 Sobha 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 Sobha a dividend stock?
Yes, Sobha is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sobha a good dividend stock?
Whether Sobha is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sobha has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sobha 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 Sobha 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 Sobha pay dividends monthly?
Sobha typically pays dividends on a annually basis.
Does Sobha pay dividends quarterly?
Sobha currently pays dividends on a annually basis.
Has Sobha ever paid a dividend?
Yes, Sobha has a history of paying dividends to its shareholders. Sobha is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sobha dividend stocks?
To buy Sobha 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 Sobha 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 Sobha 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 Sobha pay dividends 2024?
Sobha pays dividends on a annually basis. 2024 dividend payments are in 2024-09-05. 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 Sobha increase its dividend in 2024?
Decisions regarding Sobha 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 Sobha dividend overview you can look into the above table of dividend history.
How Sobha dividend works?
The Sobha 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 Sobha's dividend process works:
1. Determination of Dividend: Sobha'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, Sobha 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, Sobha 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 Sobha 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: Sobha'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, Sobha 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, Sobha 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 Sobha 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 Sobha dividends paid?
Sobha dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sobha 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, Sobha distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sobha 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: Sobha 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, Sobha distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sobha 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 Sobha pay dividends?
Sobha 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 Sobha pay dividends?
The general pattern is that Sobha pays dividends around 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 Sobha dividend safe?
The safety of Sobha'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 Sobha'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 Sobha'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 Sobha'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 Sobha'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.