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Sterlite Technologies Limited manufactures and sells connectivity and network solutions in India and internationally. It offers optical fiber cables, specialty cables, glass preforms, and optical interconnect kits; virtualized access solutions; and network software products. The company also provides system integration services, such as network design, fiber rollout, network O&M, and data center network services; and private enterprise network services. Sterlite Technologies Limited was founded in 1988 and is based in Pune, India. Sterlite Technologies Limited is a subsidiary of Twin Star Overseas Limited.

Sterlite Technologies Dividend Announcement

Sterlite Technologies announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2023-09-10. Ex dividend date: 2023-08-08
Sterlite Technologies annual dividend for 2023 was ₹1.00
Sterlite Technologies's trailing twelve-month (TTM) dividend yield is -%
Sterlite Technologies's dividend growth over the last five years (2018-2023) was -12.94% year
Sterlite Technologies's dividend growth over the last ten years (2013-2023) was 12.79% year

Sterlite Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-08-08₹1.00annually2023-09-10
2022-08-22₹0.50annually2022-09-25
2021-08-20₹2.00annually2021-09-25
2020-08-27₹3.50annually2020-09-30
2019-07-18₹3.50annually2019-08-22
2018-06-21₹2.00annually2018-07-26
2017-06-29₹0.75annually2017-08-03
2016-11-10₹0.50annually
2016-08-25₹1.00annually
2015-07-23₹0.60annually
2014-08-07₹0.30annually
2013-07-29₹0.30annually
2012-09-04₹0.30annually

Sterlite Technologies Dividend per year

Sterlite Technologies Dividend growth

Sterlite Technologies Dividend Yield

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

Sterlite Technologies Financial Ratios

P/E ratio-38.40
PEG ratio-0.02
P/B ratio2.90
ROE-9.90%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Sterlite Technologies Dividend FAQ

How much is the next Sterlite Technologies dividend?
Sterlite Technologies's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sterlite Technologies dividend. The next Sterlite Technologies dividend will be released in August.
When is Sterlite Technologies dividend paid?
Sterlite Technologies pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Sterlite Technologies pay?
The specific amount of Sterlite Technologies 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 Sterlite Technologies's dividend history.
Does Sterlite Technologies stock pay dividends?
Yes, Sterlite Technologies 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 Sterlite Technologies's dividend history.
How much dividend does Sterlite Technologies pay?
Sterlite Technologies paid ₹0.0 in 2024, ₹1.0 in 2023, ₹0.5 in 2022, ₹2.0 in 2021, and ₹3.5 in 2020.
How often does Sterlite Technologies pay dividends?
Sterlite Technologies 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 August.
What is Sterlite Technologies's dividend yield?
The current dividend yield for Sterlite Technologies is -%. 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 Sterlite Technologies's exact dividend yield.
When does Sterlite Technologies go ex dividend?
Sterlite Technologies's ex-dividend date for the latest dividend was on 2023-08-08. Sterlite Technologies 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 Sterlite Technologies dividend paid?
Sterlite Technologies pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Sterlite Technologies 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 Sterlite Technologies 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 Sterlite Technologies dividend per share?
Sterlite Technologies paid ₹0.0 per share in 2024 and ₹1.0 per share in 2023. The amount of dividend per share that Sterlite Technologies 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 Sterlite Technologies 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 Sterlite Technologies 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 Sterlite Technologies a dividend stock?
Yes, Sterlite Technologies is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sterlite Technologies a good dividend stock?
Whether Sterlite Technologies is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sterlite Technologies has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sterlite Technologies 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 Sterlite Technologies pay dividends monthly?
Sterlite Technologies typically pays dividends on a annually basis.
Does Sterlite Technologies pay dividends quarterly?
Sterlite Technologies currently pays dividends on a annually basis.
Has Sterlite Technologies ever paid a dividend?
Yes, Sterlite Technologies has a history of paying dividends to its shareholders. Sterlite Technologies is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sterlite Technologies dividend stocks?
To buy Sterlite Technologies 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 Sterlite Technologies 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 Sterlite Technologies pay dividends 2024?
Sterlite Technologies pays dividends on a annually basis. 2024 dividend payments are in 2023-09-10. 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 Sterlite Technologies increase its dividend in 2024?
Decisions regarding Sterlite Technologies 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 Sterlite Technologies dividend overview you can look into the above table of dividend history.
How Sterlite Technologies dividend works?
The Sterlite Technologies 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 Sterlite Technologies's dividend process works:

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

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

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