UNO Minda Limited, together with its subsidiaries, designs, develops, manufactures, and sells auto components in India and internationally. It provides auto electrical parts, including switches, horns, and lighting products. The company's products include switching systems and handle bar solutions for two/three-wheelers and off-road vehicles; sensors, actuators, and controllers, including start-stop sensors, contact and non-contact type speed sensors, HID ballasts, tire pressure monitoring systems, electronic accelerator pedal modules, and DC-DC converters; and lights for two, three, and four-wheelers, as well as off-road vehicles. It also provides automotive horns for two/four-wheelers, and off-road and commercial vehicles; trumpet and disc horns; alloy wheels; fuel caps; and LPG/CNG kits. In addition, the company offers batteries; lamps; general aluminum castings; 2W and 4W switches; HVAC products; wheel covers; car infotainment systems; air filters and canisters; spoilers; EA pads; air ducts; washer bottles; reverse parking sensors and ADAS products; speakers; air bags; steering wheels; body sealing products; hoses; blow moldings; telematics and connected car solutions; alternate fuel systems; cigarette lighter and socket assemblies; seat belts; shifters; and cameras. It sells its products to original equipment manufacturers. The company was formerly known as Minda Industries Limited and changed its name to UNO Minda Limited in July 2022. The company was founded in 1958 and is based in Gurugram, India.
UNO Minda Dividend Announcement
• UNO Minda announced a semi annually dividend of ₹1.35 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-06-07
• UNO Minda annual dividend for 2024 was ₹2.00
• UNO Minda annual dividend for 2023 was ₹1.50
• UNO Minda's trailing twelve-month (TTM) dividend yield is 0.22%
• UNO Minda's dividend growth over the last five years (2018-2023) was -33.96% year
• UNO Minda's dividend growth over the last ten years (2013-2023) was -12.90% year
UNO Minda Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ₹1.35 | semi annually | 2024-09-26 |
2024-02-15 | ₹0.65 | semi annually | |
2023-08-31 | ₹1.00 | semi annually | 2023-10-20 |
2023-02-20 | ₹0.50 | semi annually | 2023-03-10 |
2022-07-07 | ₹1.00 | semi annually | 2022-10-16 |
2022-06-09 | ₹4.00 | semi annually | |
2022-02-16 | ₹1.00 | semi annually | 2022-03-09 |
2021-08-04 | ₹1.00 | semi annually | 2021-09-10 |
2021-02-15 | ₹0.70 | semi annually | 2021-03-06 |
2020-02-17 | ₹0.80 | semi annually | 2020-03-06 |
2019-07-29 | ₹1.29 | semi annually | 2019-09-05 |
2019-02-15 | ₹0.90 | semi annually | 2019-03-07 |
2018-07-11 | ₹9.55 | semi annually | 2018-09-07 |
2018-02-22 | ₹2.39 | semi annually | 2018-03-14 |
2017-08-21 | ₹1.99 | semi annually | 2017-09-28 |
2017-02-16 | ₹2.39 | semi annually | 2017-03-08 |
2016-08-03 | ₹7.96 | semi annually | |
2016-02-11 | ₹5.97 | semi annually | |
2015-07-30 | ₹6.96 | semi annually | |
2015-02-26 | ₹4.97 | semi annually | |
2014-08-19 | ₹5.97 | semi annually | |
2013-09-06 | ₹5.97 | semi annually |
UNO Minda Dividend per year
UNO Minda Dividend growth
UNO Minda Dividend Yield
UNO Minda current trailing twelve-month (TTM) dividend yield is 0.22%. Interested in purchasing UNO Minda stock? Use our calculator to estimate your expected dividend yield:
UNO Minda Financial Ratios
UNO Minda Dividend FAQ
Other factors to consider when evaluating UNO Minda 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: UNO Minda'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, UNO Minda 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, UNO Minda 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 UNO Minda 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: UNO Minda 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, UNO Minda distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: UNO Minda 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 UNO Minda'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 UNO Minda'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.