Usha Martin Limited, together with its subsidiaries, manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally. The company offers wire ropes, including oil and offshore, crane, mining, elevator, fishing, aerial, anchor mooring, locked coil, and general engineering ropes, as well as ropes for conveyor cords and structural systems. It also manufactures a range of industrial machines, including wire drawing machines, stranding machines, wire rope closing machines, steel plant equipment, cable machines, and material handling equipment; machines for manufacturing bright bars; machines for armoring and rewinding; and copper coating lines for CO2 welding wire manufacture. In addition, the company provides pre-tensioning & post-tensioning solutions; pre-stressing solutions; anchorage accessories & equipment, hydraulic jacks, powerpacks, and grout pumps and agitators; and pre-stressing machines & accessories, as well as installation services. Further, the company offers spring, welding, cold heading quality, auto spoke, brush, needle, and cycle spoke wires; and LRPC strands, such as bright/galvanized, compacted, indented, and bonded and un-bonded polymer coated galvanized LRPC strands, as well as manufactures wire drawing and allied machines. Additionally, it provides optical fiber, aerial cables, micro ducts, hybrid category, FTTH/drop, aerial copper, duct copper, and jelly filled copper cables. The company was founded in 1960 and is based in Kolkata, India.
Usha Martin Dividend Announcement
• Usha Martin announced a annually dividend of ₹2.75 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-06
• Usha Martin annual dividend for 2024 was ₹2.75
• Usha Martin annual dividend for 2023 was ₹2.50
• Usha Martin's trailing twelve-month (TTM) dividend yield is 0.81%
Usha Martin Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-06 | ₹2.75 | annually | 2024-09-12 |
| 2023-08-03 | ₹2.50 | annually | 2023-09-09 |
| 2022-07-20 | ₹2.00 | annually | 2022-08-03 |
| 2013-07-18 | ₹0.15 | annually | 2013-08-29 |
| 2011-07-19 | ₹1.00 | annually | 2011-08-28 |
| 2010-07-16 | ₹1.00 | annually | 2010-08-26 |
| 2009-07-16 | ₹1.00 | annually | 2009-09-01 |
| 2008-07-14 | ₹1.00 | annually | 2008-09-01 |
| 2007-07-12 | ₹3.75 | annually | 2007-09-01 |
| 2006-07-13 | ₹2.75 | annually | 2006-08-01 |
| 2005-07-14 | ₹1.50 | annually | 2005-08-02 |
| 2004-07-14 | ₹0.75 | annually | 2004-07-31 |
Usha Martin Dividend per year
Usha Martin Dividend growth
Usha Martin Dividend Yield
Usha Martin current trailing twelve-month (TTM) dividend yield is 0.81%. Interested in purchasing Usha Martin stock? Use our calculator to estimate your expected dividend yield:
Usha Martin Financial Ratios
P/E ratio24.19
PEG ratio1.99
P/B ratio4.34
ROE19.59%
Payout ratio0.00%
Current ratio2.89
Quick ratio1.45
Cash Ratio0.27
Usha Martin Dividend FAQ
How much is the next Usha Martin dividend?
Usha Martin's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Usha Martin dividend. The next Usha Martin dividend will be released in August.
When is Usha Martin dividend paid?
Usha Martin pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Usha Martin pay?
The specific amount of Usha Martin 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 Usha Martin's dividend history.
Does Usha Martin stock pay dividends?
Yes, Usha Martin 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 Usha Martin's dividend history.
How much dividend does Usha Martin pay?
Usha Martin paid ₹2.75 in 2024, ₹2.5 in 2023, ₹2.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Usha Martin pay dividends?
Usha Martin 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 August.
What is Usha Martin's dividend yield?
The current dividend yield for Usha Martin is 0.81%. 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 Usha Martin's exact dividend yield.
When does Usha Martin go ex dividend?
Usha Martin's ex-dividend date for the latest dividend was on 2024-08-06. Usha Martin 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 Usha Martin dividend paid?
Usha Martin pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Usha Martin 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 Usha Martin 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 Usha Martin dividend per share?
Usha Martin paid ₹2.75 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that Usha Martin 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 Usha Martin 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 Usha Martin 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 Usha Martin a dividend stock?
Yes, Usha Martin is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Usha Martin a good dividend stock?
Whether Usha Martin is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Usha Martin has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Usha Martin 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 Usha Martin 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 Usha Martin pay dividends monthly?
Usha Martin typically pays dividends on a annually basis.
Does Usha Martin pay dividends quarterly?
Usha Martin currently pays dividends on a annually basis.
Has Usha Martin ever paid a dividend?
Yes, Usha Martin has a history of paying dividends to its shareholders. Usha Martin is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Usha Martin dividend stocks?
To buy Usha Martin 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 Usha Martin 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 Usha Martin 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 Usha Martin pay dividends 2024?
Usha Martin pays dividends on a annually basis. 2024 dividend payments are in 2024-09-12. 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 Usha Martin increase its dividend in 2024?
Decisions regarding Usha Martin 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 Usha Martin dividend overview you can look into the above table of dividend history.
How Usha Martin dividend works?
The Usha Martin 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 Usha Martin's dividend process works:
1. Determination of Dividend: Usha Martin'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, Usha Martin 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, Usha Martin 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 Usha Martin 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: Usha Martin'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, Usha Martin 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, Usha Martin 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 Usha Martin 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 Usha Martin dividends paid?
Usha Martin dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Usha Martin 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, Usha Martin distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Usha Martin 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: Usha Martin 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, Usha Martin distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Usha Martin 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 Usha Martin pay dividends?
Usha Martin 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 Usha Martin pay dividends?
The general pattern is that Usha Martin pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Usha Martin dividend safe?
The safety of Usha Martin'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 Usha Martin'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 Usha Martin'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 Usha Martin'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 Usha Martin'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.