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 0.19%
• 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 0.19%. Interested in purchasing Sobha stock? Use our calculator to estimate your expected dividend yield:
Sobha Financial Ratios
Sobha Dividend FAQ
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.
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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. 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.
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.