Suprajit Engineering Limited manufactures, sells, and exports automotive cables and components to original equipment manufacturers in India, the United States, the United Kingdom, Germany, and Luxembourg. It provides control cables, speedo cables, auto and halogen lamps, non-automotive cables, motion control solutions, push-pull assemblies, clusters and speedometers, auxiliary lamps, vehicle lighting solutions, and other components for automobiles. The company was incorporated in 1985 and is based in Bengaluru, India.
Suprajit Engineering Dividend Announcement
• Suprajit Engineering announced a semi annually dividend of ₹1.40 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-17
• Suprajit Engineering annual dividend for 2024 was ₹2.50
• Suprajit Engineering annual dividend for 2023 was ₹2.30
• Suprajit Engineering's trailing twelve-month (TTM) dividend yield is 0.56%
• Suprajit Engineering's dividend growth over the last five years (2018-2023) was 10.44% year
• Suprajit Engineering's dividend growth over the last ten years (2013-2023) was 11.86% year
Suprajit Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ₹1.40 | semi annually | 2024-10-26 |
2024-02-26 | ₹1.10 | semi annually | |
2023-09-18 | ₹1.25 | semi annually | 2023-10-25 |
2023-02-23 | ₹1.05 | semi annually | 2023-03-15 |
2022-09-16 | ₹1.10 | semi annually | 2022-10-26 |
2022-02-22 | ₹0.90 | semi annually | 2022-03-13 |
2021-08-26 | ₹1.00 | semi annually | 2021-10-03 |
2021-02-18 | ₹0.75 | semi annually | 2021-03-12 |
2020-03-16 | ₹1.00 | semi annually | 2020-04-02 |
2020-02-13 | ₹0.75 | semi annually | 2020-03-02 |
2019-08-01 | ₹0.85 | semi annually | 2019-09-09 |
2019-02-21 | ₹0.70 | semi annually | 2019-03-13 |
2018-08-09 | ₹0.80 | semi annually | 2018-09-13 |
2018-02-22 | ₹0.60 | semi annually | 2018-03-14 |
2017-11-06 | ₹0.60 | semi annually | 2017-12-11 |
2017-02-22 | ₹0.50 | semi annually | 2017-03-15 |
2016-09-19 | ₹0.55 | semi annually | 2016-10-24 |
2016-02-17 | ₹0.50 | semi annually | 2016-03-10 |
2015-09-10 | ₹0.50 | semi annually | 2015-10-19 |
2015-02-12 | ₹0.45 | semi annually | 2015-02-18 |
2014-07-17 | ₹0.50 | semi annually | 2014-08-30 |
2014-02-11 | ₹0.45 | semi annually | 2014-02-19 |
2013-07-23 | ₹0.40 | semi annually | 2013-08-30 |
2013-02-14 | ₹0.35 | semi annually | 2013-03-01 |
Suprajit Engineering Dividend per year
Suprajit Engineering Dividend growth
Suprajit Engineering Dividend Yield
Suprajit Engineering current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing Suprajit Engineering stock? Use our calculator to estimate your expected dividend yield:
Suprajit Engineering Financial Ratios
Suprajit Engineering Dividend FAQ
Other factors to consider when evaluating Suprajit Engineering 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: Suprajit Engineering'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, Suprajit Engineering 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, Suprajit Engineering 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 Suprajit Engineering 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: Suprajit Engineering 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, Suprajit Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Suprajit Engineering 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 Suprajit Engineering'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 Suprajit Engineering'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.