Universal Cables Limited manufactures and sells electrical and other cables, capacitors, wires and conductors, and other products under the UNISTAR brand name in India and internationally. It offers XLPE cables, such as extra high voltage, medium voltage, low voltage, and aeriel bunched cables for use in power transmission and distribution, railways, fertilizers, petrochemical plants, submarine and under waterpower transmission, steel plants, power station wiring, chemical plants, underwater wiring, mines for power distribution, and control and instrumentation circuits. The company also provides PVC power and control cables for use in power distribution, control system, utility network, railway signaling installations, switching stations, textile mills, chemical plants, machine shops, etc.; PVC insulated winding wires and flat motor leads; elastomeric cables for trailing, ship wiring, and defense applications; and mining cables for landline, LHD and SDL machines, drills, coal cutters, stacker-reclaimers, and earth moving equipment. In addition, it offers silicon rubber cables for high-temperature locations; special power and control cables for oil rigs, traction motors, and brush gear connectors, as well as tap changers for EMU's, AC coaches, and wind energy generators; and fire survival type elastomeric cables for circuit integrity during fire hazards. Further, the company provides capacitors, including high and low-voltage capacitors, harmonic filters, surge protection/special duty capacitors, and automatic power factor correction panels. Additionally, it offers engineering services for various needs, such as turnkey contracts, system study, energy audit, harmonic analysis, and testing and commissioning of HT/LT capacitor banks and their associated equipment; and handling and installation services. The company was incorporated in 1945 and is based in New Delhi, India.
Universal Cables Dividend Announcement
• Universal Cables announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-09-01. Ex dividend date: 2024-07-26
• Universal Cables annual dividend for 2024 was ₹3.00
• Universal Cables annual dividend for 2023 was ₹3.00
• Universal Cables's trailing twelve-month (TTM) dividend yield is 0.46%
• Universal Cables's dividend growth over the last five years (2018-2023) was 14.87% year
Universal Cables Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-26 | ₹3.00 | annually | 2024-09-01 |
| 2023-09-04 | ₹3.00 | annually | 2023-10-11 |
| 2022-09-15 | ₹1.50 | annually | 2022-10-23 |
| 2021-09-15 | ₹1.00 | annually | 2021-10-22 |
| 2020-08-10 | ₹2.00 | annually | 2020-09-16 |
| 2019-07-26 | ₹2.00 | annually | 2019-09-03 |
| 2018-07-23 | ₹1.50 | annually | 2018-08-30 |
| 2011-07-25 | ₹2.00 | annually | 2011-09-01 |
| 2010-06-21 | ₹2.50 | annually | 2010-07-03 |
| 2009-07-29 | ₹1.00 | annually | 2009-08-11 |
| 2008-08-05 | ₹2.40 | annually | 2008-09-01 |
| 2007-07-10 | ₹2.40 | annually | 2007-08-01 |
Universal Cables Dividend per year
Universal Cables Dividend growth
Universal Cables Dividend Yield
Universal Cables current trailing twelve-month (TTM) dividend yield is 0.46%. Interested in purchasing Universal Cables stock? Use our calculator to estimate your expected dividend yield:
Universal Cables Financial Ratios
P/E ratio23.48
PEG ratio-0.11
P/B ratio1.24
ROE5.48%
Payout ratio0.00%
Current ratio1.41
Quick ratio1.00
Cash Ratio0.01
Universal Cables Dividend FAQ
How much is the next Universal Cables dividend?
Universal Cables's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Universal Cables dividend. The next Universal Cables dividend will be released in September.
When is Universal Cables dividend paid?
Universal Cables pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Universal Cables pay?
The specific amount of Universal Cables 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 Universal Cables's dividend history.
Does Universal Cables stock pay dividends?
Yes, Universal Cables 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 Universal Cables's dividend history.
How much dividend does Universal Cables pay?
Universal Cables paid ₹3.0 in 2024, ₹3.0 in 2023, ₹1.5 in 2022, ₹1.0 in 2021, and ₹2.0 in 2020.
How often does Universal Cables pay dividends?
Universal Cables 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 September.
What is Universal Cables's dividend yield?
The current dividend yield for Universal Cables is 0.46%. 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 Universal Cables's exact dividend yield.
When does Universal Cables go ex dividend?
Universal Cables's ex-dividend date for the latest dividend was on 2024-07-26. Universal Cables 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 Universal Cables dividend paid?
Universal Cables pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Universal Cables 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 Universal Cables 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 Universal Cables dividend per share?
Universal Cables paid ₹3.0 per share in 2024 and ₹3.0 per share in 2023. The amount of dividend per share that Universal Cables 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 Universal Cables 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 Universal Cables 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 Universal Cables a dividend stock?
Yes, Universal Cables is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Universal Cables a good dividend stock?
Whether Universal Cables is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Universal Cables has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Universal Cables 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 Universal Cables 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 Universal Cables pay dividends monthly?
Universal Cables typically pays dividends on a annually basis.
Does Universal Cables pay dividends quarterly?
Universal Cables currently pays dividends on a annually basis.
Has Universal Cables ever paid a dividend?
Yes, Universal Cables has a history of paying dividends to its shareholders. Universal Cables is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Universal Cables dividend stocks?
To buy Universal Cables 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 Universal Cables 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 Universal Cables 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 Universal Cables pay dividends 2024?
Universal Cables pays dividends on a annually basis. 2024 dividend payments are in 2024-09-01. 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 Universal Cables increase its dividend in 2024?
Decisions regarding Universal Cables 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 Universal Cables dividend overview you can look into the above table of dividend history.
How Universal Cables dividend works?
The Universal Cables 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 Universal Cables's dividend process works:
1. Determination of Dividend: Universal Cables'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, Universal Cables 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, Universal Cables 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 Universal Cables 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: Universal Cables'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, Universal Cables 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, Universal Cables 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 Universal Cables 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 Universal Cables dividends paid?
Universal Cables dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Universal Cables 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, Universal Cables distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Universal Cables 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: Universal Cables 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, Universal Cables distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Universal Cables 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 Universal Cables pay dividends?
Universal Cables 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 Universal Cables pay dividends?
The general pattern is that Universal Cables pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Universal Cables dividend safe?
The safety of Universal Cables'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 Universal Cables'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 Universal Cables'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 Universal Cables'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 Universal Cables'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.