Technocraft Industries (India) Limited engages in drum closures, scaffolding, yarn, fabric, and power businesses in India and internationally. It offers drum closures, including steel plated, stainless steel, and steel lacquer drum closures; nylon and poly propylene plugs; and capseal and canseal closures, insertion dies, and clamps. The company also provides tubes and scaffolding products, such as techring, techlok, techstage, telescopic steel props, steel planks, access frame, tubes, fittings, and accessories. In addition, it offers slab decking systems comprising slab strips, beams, and drops; wall form systems; infra formwork products for infrastructure projects, such as bridges, metros, etc.; lightweight formwork systems; and towers for transmission, telecommunication, solar, and infrastructure industries. Further, the company manufactures steel reinforced HDPE pipes; cotton ring spun raw-white yarns; carded and combed yarns for knitting and weaving; and compact, slub, organic, and BCI yarns, as well as garments for men, women, and kids. Additionally, it offers fabrics consisting of single jerseys plain and spandex/lycra; ribs with and without spandex/lycra; interlocks; piques; and two thread/three thread fleece, plaited and variegated structured fabrics, feeder and engineered stripes, etc., as well as engineering services. Technocraft Industries (India) Limited was incorporated in 1972 and is based in Mumbai, India.
Technocraft Industries Dividend Announcement
• Technocraft Industries announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2016-07-01. Ex dividend date: 2016-03-17
• Technocraft Industries's trailing twelve-month (TTM) dividend yield is -%
Technocraft Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2016-03-17 | ₹3.00 | annually | 2016-07-01 |
2015-06-05 | ₹5.00 | annually | 2015-10-29 |
2014-05-30 | ₹5.00 | annually | |
2013-09-23 | ₹2.00 | annually | 2013-10-30 |
2012-11-21 | ₹1.00 | annually | 2012-11-26 |
2012-09-20 | ₹1.00 | annually | 2012-10-28 |
2011-09-22 | ₹1.00 | annually | 2011-10-30 |
2010-09-08 | ₹1.50 | annually | 2010-10-16 |
2009-09-22 | ₹0.50 | annually | 2009-09-30 |
2008-11-06 | ₹1.00 | annually | 2008-12-01 |
2007-08-30 | ₹1.50 | annually |
Technocraft Industries Dividend per year
Technocraft Industries Dividend growth
Technocraft Industries Dividend Yield
Technocraft Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Technocraft Industries stock? Use our calculator to estimate your expected dividend yield:
Technocraft Industries Financial Ratios
Technocraft Industries Dividend FAQ
Other factors to consider when evaluating Technocraft Industries 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: Technocraft Industries'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, Technocraft Industries 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, Technocraft Industries 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 Technocraft Industries 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: Technocraft Industries 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, Technocraft Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Technocraft Industries 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 Technocraft Industries'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 Technocraft Industries'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.