Surya Roshni Limited manufactures and markets steel pipes and tubes, lighting products, fans, home appliances, and PVC pipes in India. The company operates through Steel Pipe and Strips; and Lighting and Consumer Durables segments. It offers ERW steel pipes for agriculture, water transportation, fire-fighting, irrigation, greenhouse, and casing and tubing in bore wells, as well as construction activities, such as scaffolding; hollow section pipes; spiral welded pipes; and cold rolled strips and sheets. The company also provides various LED fittings and lamps; LED downlighter; LED strips, street, and flood lights; FTL fittings; irons, torches, and lanterns; extension board, holder, and immersion heater; CFL, FTL, and GLS lamps; indoor commercial, industrial, roadway, flood, landscape, and solar lightening products; and accessories, HID lamps, light sources, and high masts and poles. In addition, it offers celling, table, pedestal, wall, and domestic and industrial exhaust fans; and home appliances, including mixer and grinders, juicer mixer grinders, hand blenders, dry and steam irons, induction cooktops, sandwich makers, brewing products, steam and dry irons, storage and instant water heaters, immersion water heaters, air cooler, oil filled radiators, ceramic heaters, heat convectors, and halogen and quartz heaters. Further, the company provides CPVC, and uPVC plumbing and SWR pipes, as well as related fittings; and uPVC pressure piping systems. It exports its products to approximately 50 countries worldwide. Surya Roshni Limited was incorporated in 1973 and is headquartered in New Delhi, India.
Surya Roshni Dividend Announcement
• Surya Roshni announced a quarterly dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-08-23
• Surya Roshni annual dividend for 2024 was ₹2.50
• Surya Roshni annual dividend for 2023 was ₹9.50
• Surya Roshni's trailing twelve-month (TTM) dividend yield is 0.74%
• Surya Roshni's dividend growth over the last five years (2018-2023) was 36.56% year
• Surya Roshni's dividend growth over the last ten years (2013-2023) was 16.86% year
Surya Roshni Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | ₹2.50 | quarterly | 2024-10-04 |
2023-11-10 | ₹2.50 | quarterly | 2023-12-02 |
2023-08-25 | ₹4.00 | quarterly | 2023-10-15 |
2023-01-27 | ₹3.00 | quarterly | 2023-02-03 |
2022-09-01 | ₹4.00 | quarterly | 2022-10-21 |
2021-09-02 | ₹1.50 | quarterly | 2021-10-16 |
2020-11-06 | ₹1.50 | quarterly | 2020-11-28 |
2020-09-03 | ₹2.00 | quarterly | 2020-09-28 |
2019-08-27 | ₹2.00 | quarterly | 2019-10-04 |
2018-09-07 | ₹2.00 | quarterly | 2018-10-05 |
2017-12-08 | ₹1.50 | quarterly | 2018-01-05 |
2016-09-01 | ₹1.00 | quarterly | 2016-10-23 |
2015-08-21 | ₹1.00 | quarterly | 2015-09-18 |
2014-08-08 | ₹1.00 | quarterly | 2014-09-12 |
2013-08-30 | ₹1.00 | quarterly | 2013-10-04 |
2013-02-08 | ₹1.00 | quarterly | 2013-02-15 |
Surya Roshni Dividend per year
Surya Roshni Dividend growth
Surya Roshni Dividend Yield
Surya Roshni current trailing twelve-month (TTM) dividend yield is 0.74%. Interested in purchasing Surya Roshni stock? Use our calculator to estimate your expected dividend yield:
Surya Roshni Financial Ratios
Surya Roshni Dividend FAQ
Other factors to consider when evaluating Surya Roshni 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: Surya Roshni'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, Surya Roshni 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, Surya Roshni 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 Surya Roshni 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: Surya Roshni 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, Surya Roshni distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Surya Roshni 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 Surya Roshni'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 Surya Roshni'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.