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Swelect Energy Systems Limited engages in the manufacture and trading of solar modules, mounting structures, transformers, and inverters in India, Europe, and internationally. It operates through three segments: Solar and Solar Related Activities, Foundry Business, and Others. The company offers mono and multi-crystalline solar photovoltaic modules; building integrated photovoltaic modules; solar inverters; solar water pumps; and solar panels. It also engages in iron, steel, and investment casting activities. In addition, the company provides stabilizers; energy conservation and audits, design/retrofit sustainable buildings, and LED lighting systems; site feasibility analysis; engineering, procurement, and construction contracts; and operation and maintenance services. Further, it engages in solar and wind power generation, and provision of contract manufacturing services. The company was formerly known as Numeric Power Systems Limited and changed its name to Swelect Energy Systems Limited in May 2012. Swelect Energy Systems Limited was incorporated in 1994 and is based in Chennai, India.

Swelect Energy Systems Dividend Announcement

Swelect Energy Systems announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-07-22
Swelect Energy Systems annual dividend for 2024 was ₹3.00
Swelect Energy Systems annual dividend for 2023 was ₹1.20
Swelect Energy Systems's trailing twelve-month (TTM) dividend yield is 0.27%
Swelect Energy Systems's dividend growth over the last five years (2018-2023) was -21.40% year
Swelect Energy Systems's dividend growth over the last ten years (2013-2023) was -17.28% year

Swelect Energy Systems Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-22₹3.00annually2024-08-09
2023-07-19₹1.20annually2023-08-10
2022-07-20₹3.00annually2022-08-08
2021-07-16₹3.00annually2021-08-04
2020-09-01₹0.75annually2020-10-10
2020-02-27₹1.25annually2020-03-14
2019-08-01₹2.50annually2019-08-24
2018-08-01₹4.00annually2018-08-23
2017-08-03₹4.00annually2017-08-24
2016-07-20₹1.00annually2016-08-27
2016-03-22₹3.00annually2016-03-31
2015-07-22₹2.50annually2015-08-12
2014-06-25₹9.00annually2014-08-27
2013-07-18₹8.00annually2013-08-23

Swelect Energy Systems Dividend per year

Swelect Energy Systems Dividend growth

Swelect Energy Systems Dividend Yield

Swelect Energy Systems current trailing twelve-month (TTM) dividend yield is 0.27%. Interested in purchasing Swelect Energy Systems stock? Use our calculator to estimate your expected dividend yield:

Swelect Energy Systems Financial Ratios

P/E ratio28.94
PEG ratio5.96
P/B ratio1.98
ROE7.00%
Payout ratio0.00%
Current ratio1.59
Quick ratio1.17
Cash Ratio0.03

Swelect Energy Systems Dividend FAQ

How much is the next Swelect Energy Systems dividend?
Swelect Energy Systems's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Swelect Energy Systems dividend. The next Swelect Energy Systems dividend will be released in July.
When is Swelect Energy Systems dividend paid?
Swelect Energy Systems pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Swelect Energy Systems pay?
The specific amount of Swelect Energy Systems 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 Swelect Energy Systems's dividend history.
Does Swelect Energy Systems stock pay dividends?
Yes, Swelect Energy Systems 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 Swelect Energy Systems's dividend history.
How much dividend does Swelect Energy Systems pay?
Swelect Energy Systems paid ₹3.0 in 2024, ₹1.2 in 2023, ₹3.0 in 2022, ₹3.0 in 2021, and ₹2.0 in 2020.
How often does Swelect Energy Systems pay dividends?
Swelect Energy Systems 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 July.
What is Swelect Energy Systems's dividend yield?
The current dividend yield for Swelect Energy Systems is 0.27%. 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 Swelect Energy Systems's exact dividend yield.
When does Swelect Energy Systems go ex dividend?
Swelect Energy Systems's ex-dividend date for the latest dividend was on 2024-07-22. Swelect Energy Systems 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 Swelect Energy Systems dividend paid?
Swelect Energy Systems pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Swelect Energy Systems 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 Swelect Energy Systems 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 Swelect Energy Systems dividend per share?
Swelect Energy Systems paid ₹3.0 per share in 2024 and ₹1.2 per share in 2023. The amount of dividend per share that Swelect Energy Systems 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 Swelect Energy Systems 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 Swelect Energy Systems 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 Swelect Energy Systems a dividend stock?
Yes, Swelect Energy Systems is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Swelect Energy Systems a good dividend stock?
Whether Swelect Energy Systems is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Swelect Energy Systems has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Swelect Energy Systems 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 Swelect Energy Systems pay dividends monthly?
Swelect Energy Systems typically pays dividends on a annually basis.
Does Swelect Energy Systems pay dividends quarterly?
Swelect Energy Systems currently pays dividends on a annually basis.
Has Swelect Energy Systems ever paid a dividend?
Yes, Swelect Energy Systems has a history of paying dividends to its shareholders. Swelect Energy Systems is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Swelect Energy Systems dividend stocks?
To buy Swelect Energy Systems 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 Swelect Energy Systems 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 Swelect Energy Systems pay dividends 2024?
Swelect Energy Systems pays dividends on a annually basis. 2024 dividend payments are in 2024-08-09. 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 Swelect Energy Systems increase its dividend in 2024?
Decisions regarding Swelect Energy Systems 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 Swelect Energy Systems dividend overview you can look into the above table of dividend history.
How Swelect Energy Systems dividend works?
The Swelect Energy Systems 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 Swelect Energy Systems's dividend process works:

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

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

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