Tube Investments of India Limited manufactures and sells cycles and accessories, steel strips and tubes, and metal formed products in India. It operates through three segments: Cycles and Accessories, Engineering, and Metal Formed Products. The Cycles and Accessories segment offers standard bi-cycles; special bi-cycles, such as alloy bikes; specialty performance bikes; and fitness equipment. It serves customers in the group of kids, adolescent boys and girls, urban adults, and performance cyclists. The Engineering segment manufactures and supplies cold drawn welded tubes, electric resistance welded tubes, and tubular components for automobile applications; large diameter tubes for hydraulic cylinders and off-road applications; and special grade cold rolled steel strips. The Metal Formed Products segment manufactures and supplies sheet metal formed products, industrial chains, fine blanked components, motor casings and agri-blades for the automotive, industrial, railway, and agriculture segments; and roll-formed car doorframes and cold rolled formed sections for railway wagons and passenger coaches. The company also provides power generation and distribution solutions. In addition, the company operates Track & Trail Urban, Track & Trail Sport, and BSA Hercules Rural outlets, as well as trackandtrail.in. The company also exports its bicycles, tubes, and industrial chains to other countries in Asia, Europe, and the Americas. Tube Investments of India Limited was incorporated in 2008 and is based in Chennai, India.
Tube Investments of India Dividend Announcement
• Tube Investments of India announced a semi annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-08-31. Ex dividend date: 2024-07-23
• Tube Investments of India annual dividend for 2024 was ₹3.50
• Tube Investments of India annual dividend for 2023 was ₹3.50
• Tube Investments of India's trailing twelve-month (TTM) dividend yield is 0.09%
• Tube Investments of India's dividend growth over the last five years (2018-2023) was 14.87% year
Tube Investments of India Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-23 | ₹1.50 | semi annually | 2024-08-31 |
| 2024-02-13 | ₹2.00 | semi annually | 2024-02-29 |
| 2023-07-26 | ₹1.50 | semi annually | 2023-09-01 |
| 2023-02-15 | ₹2.00 | semi annually | 2023-02-28 |
| 2022-07-20 | ₹1.50 | semi annually | 2022-08-31 |
| 2022-02-17 | ₹2.00 | semi annually | 2022-03-04 |
| 2021-08-04 | ₹1.50 | semi annually | 2021-09-12 |
| 2021-02-22 | ₹2.00 | semi annually | 2021-03-09 |
| 2020-03-11 | ₹3.50 | semi annually | 2020-03-18 |
| 2019-07-08 | ₹0.75 | semi annually | 2019-08-23 |
| 2019-02-14 | ₹1.75 | semi annually | 2019-02-22 |
| 2018-07-30 | ₹0.50 | semi annually | 2018-09-12 |
| 2018-02-22 | ₹1.25 | semi annually | 2018-02-28 |
| 2017-10-25 | ₹2.00 | semi annually | 2017-12-06 |
Tube Investments of India Dividend per year
Tube Investments of India Dividend growth
Tube Investments of India Dividend Yield
Tube Investments of India current trailing twelve-month (TTM) dividend yield is 0.09%. Interested in purchasing Tube Investments of India stock? Use our calculator to estimate your expected dividend yield:
Tube Investments of India Financial Ratios
P/E ratio62.17
PEG ratio24.87
P/B ratio13.45
ROE20.11%
Payout ratio0.00%
Current ratio1.85
Quick ratio1.44
Cash Ratio0.04
Tube Investments of India Dividend FAQ
How much is the next Tube Investments of India dividend?
Tube Investments of India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tube Investments of India dividend. The next Tube Investments of India dividend will be released in February, or July.
When is Tube Investments of India dividend paid?
Tube Investments of India pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and 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 Tube Investments of India pay?
The specific amount of Tube Investments of India 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 Tube Investments of India's dividend history.
Does Tube Investments of India stock pay dividends?
Yes, Tube Investments of India 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 Tube Investments of India's dividend history.
How much dividend does Tube Investments of India pay?
Tube Investments of India paid ₹3.5 in 2024, ₹3.5 in 2023, ₹3.5 in 2022, ₹3.5 in 2021, and ₹3.5 in 2020.
How often does Tube Investments of India pay dividends?
Tube Investments of India 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 February, and July.
What is Tube Investments of India's dividend yield?
The current dividend yield for Tube Investments of India is 0.09%. 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 Tube Investments of India's exact dividend yield.
When does Tube Investments of India go ex dividend?
Tube Investments of India's ex-dividend date for the latest dividend was on 2024-07-23. Tube Investments of India 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 Tube Investments of India dividend paid?
Tube Investments of India pays dividends on a semi annually basis, typically around February, or July, but the exact dates can vary each year.
Will Tube Investments of India 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 Tube Investments of India 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 Tube Investments of India dividend per share?
Tube Investments of India paid ₹3.5 per share in 2024 and ₹3.5 per share in 2023. The amount of dividend per share that Tube Investments of India 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 Tube Investments of India 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 Tube Investments of India 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 Tube Investments of India a dividend stock?
Yes, Tube Investments of India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tube Investments of India a good dividend stock?
Whether Tube Investments of India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tube Investments of India has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tube Investments of India 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 Tube Investments of India 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 Tube Investments of India pay dividends monthly?
Tube Investments of India typically pays dividends on a semi annually basis.
Does Tube Investments of India pay dividends quarterly?
Tube Investments of India currently pays dividends on a semi annually basis.
Has Tube Investments of India ever paid a dividend?
Yes, Tube Investments of India has a history of paying dividends to its shareholders. Tube Investments of India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tube Investments of India dividend stocks?
To buy Tube Investments of India 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 Tube Investments of India 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 Tube Investments of India 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 Tube Investments of India pay dividends 2024?
Tube Investments of India pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-31. 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 Tube Investments of India increase its dividend in 2024?
Decisions regarding Tube Investments of India 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 Tube Investments of India dividend overview you can look into the above table of dividend history.
How Tube Investments of India dividend works?
The Tube Investments of India 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 Tube Investments of India's dividend process works:
1. Determination of Dividend: Tube Investments of India'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, Tube Investments of India 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, Tube Investments of India 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 Tube Investments of India 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: Tube Investments of India'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, Tube Investments of India 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, Tube Investments of India 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 Tube Investments of India 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 Tube Investments of India dividends paid?
Tube Investments of India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tube Investments of India 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, Tube Investments of India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tube Investments of India 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: Tube Investments of India 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, Tube Investments of India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tube Investments of India 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 Tube Investments of India pay dividends?
Tube Investments of India 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 Tube Investments of India pay dividends?
The general pattern is that Tube Investments of India pays dividends around February, and 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 Tube Investments of India dividend safe?
The safety of Tube Investments of India'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 Tube Investments of India'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 Tube Investments of India'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 Tube Investments of India'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 Tube Investments of India'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.