Sundram Fasteners Limited manufactures and sells precision components for the automotive, infrastructure, windmill, and aviation sectors in India, China, Germany, the United States, the United Kingdom, Italy, France, and Brazil. Its products include high tensile fasteners comprising wind energy, automotive, and aerospace and aviation fasteners; cold extruded parts, including gear blanks, transmission shafts, cams, starter sleeves and pinions, CV joint parts, and fan hubs; and hot forged parts consisting of bevel gears and pinions, hub rings, clutch hubs, crankshafts sprockets, turbocharger parts, and connecting rods. It also provides powertrain components, such as turbine and output shafts, sungear shafts, and slip yokes; powder metallurgy parts comprising rotors and gears, synchronizer hubs, shock absorber components, valve train components, bushes, and structural parts; and metal and nylon radiator caps, as well as offers pumps and assemblies for passenger cars, heavy and light commercial vehicles, off-road vehicles, tractors, combines, harvesters, forklifts, marine engines, power generation engines, and two- wheelers. In addition, the company engages in the generation of power using non-conventional sources; and manufacture of parts for aerospace and defense. Further, it provides financial and software services; bearing housings; and spokes and nipples, automobile kits, dowels and rollers, small screws, and tools. The company was incorporated in 1962 and is headquartered in Chennai, India.
Sundram Fasteners Dividend Announcement
• Sundram Fasteners announced a semi annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-12-03. Ex dividend date: 2024-11-18
• Sundram Fasteners annual dividend for 2024 was ₹7.17
• Sundram Fasteners annual dividend for 2023 was ₹5.74
• Sundram Fasteners's trailing twelve-month (TTM) dividend yield is 0.63%
• Sundram Fasteners's dividend growth over the last five years (2018-2023) was -3.05% year
• Sundram Fasteners's dividend growth over the last ten years (2013-2023) was 14.36% year
Sundram Fasteners Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-18 | ₹3.00 | semi annually | 2024-12-03 |
| 2024-06-03 | ₹4.17 | semi annually | 2024-06-19 |
| 2023-11-16 | ₹2.68 | semi annually | 2023-12-01 |
| 2023-05-16 | ₹3.06 | semi annually | 2023-06-01 |
| 2022-11-17 | ₹2.00 | semi annually | 2022-11-30 |
| 2022-02-21 | ₹6.45 | semi annually | 2022-03-04 |
| 2021-05-18 | ₹3.40 | semi annually | 2021-05-28 |
| 2020-11-12 | ₹1.30 | semi annually | 2020-11-27 |
| 2020-03-04 | ₹2.80 | semi annually | 2020-03-13 |
| 2019-11-14 | ₹1.35 | semi annually | 2019-11-28 |
| 2019-05-20 | ₹3.10 | semi annually | 2019-05-30 |
| 2018-11-09 | ₹2.00 | semi annually | 2018-11-22 |
| 2018-11-05 | ₹2.00 | semi annually | |
| 2018-05-17 | ₹2.70 | semi annually | 2018-05-29 |
| 2017-11-13 | ₹1.90 | semi annually | 2017-11-21 |
| 2017-08-10 | ₹2.80 | semi annually | 2017-08-29 |
| 2016-11-10 | ₹1.70 | semi annually | 2016-11-18 |
| 2016-03-17 | ₹1.30 | semi annually | 2016-09-18 |
| 2015-11-13 | ₹0.85 | semi annually | |
| 2015-06-09 | ₹0.90 | semi annually | 2015-06-28 |
| 2014-11-17 | ₹0.85 | semi annually | 2014-11-27 |
| 2014-06-10 | ₹1.00 | semi annually | 2014-12-01 |
| 2013-11-12 | ₹0.70 | semi annually | 2013-12-01 |
| 2013-06-11 | ₹0.80 | semi annually | 2013-06-30 |
Sundram Fasteners Dividend per year
Sundram Fasteners Dividend growth
Sundram Fasteners Dividend Yield
Sundram Fasteners current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Sundram Fasteners stock? Use our calculator to estimate your expected dividend yield:
Sundram Fasteners Financial Ratios
P/E ratio43.54
PEG ratio-29.72
P/B ratio6.54
ROE15.92%
Payout ratio0.00%
Current ratio1.81
Quick ratio1.11
Cash Ratio0.03
Sundram Fasteners Dividend FAQ
How much is the next Sundram Fasteners dividend?
Sundram Fasteners's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sundram Fasteners dividend. The next Sundram Fasteners dividend will be released in May, or November.
When is Sundram Fasteners dividend paid?
Sundram Fasteners pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May, and November. 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 Sundram Fasteners pay?
The specific amount of Sundram Fasteners 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 Sundram Fasteners's dividend history.
Does Sundram Fasteners stock pay dividends?
Yes, Sundram Fasteners 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 Sundram Fasteners's dividend history.
How much dividend does Sundram Fasteners pay?
Sundram Fasteners paid ₹7.17 in 2024, ₹5.74 in 2023, ₹8.45 in 2022, ₹3.4 in 2021, and ₹4.1 in 2020.
How often does Sundram Fasteners pay dividends?
Sundram Fasteners 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 May, and November.
What is Sundram Fasteners's dividend yield?
The current dividend yield for Sundram Fasteners is 0.63%. 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 Sundram Fasteners's exact dividend yield.
When does Sundram Fasteners go ex dividend?
Sundram Fasteners's ex-dividend date for the latest dividend was on 2024-11-18. Sundram Fasteners 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 Sundram Fasteners dividend paid?
Sundram Fasteners pays dividends on a semi annually basis, typically around May, or November, but the exact dates can vary each year.
Will Sundram Fasteners 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 Sundram Fasteners 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 Sundram Fasteners dividend per share?
Sundram Fasteners paid ₹7.17 per share in 2024 and ₹5.74 per share in 2023. The amount of dividend per share that Sundram Fasteners 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 Sundram Fasteners 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 Sundram Fasteners 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 Sundram Fasteners a dividend stock?
Yes, Sundram Fasteners is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sundram Fasteners a good dividend stock?
Whether Sundram Fasteners is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sundram Fasteners has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sundram Fasteners 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 Sundram Fasteners 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 Sundram Fasteners pay dividends monthly?
Sundram Fasteners typically pays dividends on a semi annually basis.
Does Sundram Fasteners pay dividends quarterly?
Sundram Fasteners currently pays dividends on a semi annually basis.
Has Sundram Fasteners ever paid a dividend?
Yes, Sundram Fasteners has a history of paying dividends to its shareholders. Sundram Fasteners is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sundram Fasteners dividend stocks?
To buy Sundram Fasteners 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 Sundram Fasteners 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 Sundram Fasteners 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 Sundram Fasteners pay dividends 2024?
Sundram Fasteners pays dividends on a semi annually basis. 2024 dividend payments are in 2024-12-03. 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 Sundram Fasteners increase its dividend in 2024?
Decisions regarding Sundram Fasteners 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 Sundram Fasteners dividend overview you can look into the above table of dividend history.
How Sundram Fasteners dividend works?
The Sundram Fasteners 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 Sundram Fasteners's dividend process works:
1. Determination of Dividend: Sundram Fasteners'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, Sundram Fasteners 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, Sundram Fasteners 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 Sundram Fasteners 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: Sundram Fasteners'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, Sundram Fasteners 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, Sundram Fasteners 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 Sundram Fasteners 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 Sundram Fasteners dividends paid?
Sundram Fasteners dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sundram Fasteners 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, Sundram Fasteners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sundram Fasteners 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: Sundram Fasteners 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, Sundram Fasteners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sundram Fasteners 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 Sundram Fasteners pay dividends?
Sundram Fasteners 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 Sundram Fasteners pay dividends?
The general pattern is that Sundram Fasteners pays dividends around May, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sundram Fasteners dividend safe?
The safety of Sundram Fasteners'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 Sundram Fasteners'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 Sundram Fasteners'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 Sundram Fasteners'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 Sundram Fasteners'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.