V.S.T. Tillers Tractors Limited engages in the manufacture and trading of agriculture machinery primarily in India. It provides power tillers, tractors, rice transplanters, power reapers, rotary tillers, brush cutters, hedge trimmers, power weeders, attachments, and engines, as well as spares and lubes. The company also offers diesel engine components, such as case covers, transmission and crankcases, camshafts, crankshafts, and connecting rods; and light engineering components comprising fuel pump clamps, balancer weights, hydraulic actuators, brake shoes and yokes, suspension links, and caliper levers. It markets its products through a network of dealers and vendors. The company also exports primarily to Western Europe, South Africa, Ecuador, Haiti, Vietnam, and internationally. V.S.T. Tillers Tractors Limited was incorporated in 1967 and is based in Bengaluru, India.
V.S.T. Tillers Tractors Dividend Announcement
• V.S.T. Tillers Tractors announced a annually dividend of ₹20.00 per ordinary share which will be made payable on 2024-10-19. Ex dividend date: 2024-09-12
• V.S.T. Tillers Tractors annual dividend for 2024 was ₹20.00
• V.S.T. Tillers Tractors annual dividend for 2023 was ₹25.00
• V.S.T. Tillers Tractors's trailing twelve-month (TTM) dividend yield is 0.44%
• V.S.T. Tillers Tractors's dividend growth over the last five years (2018-2023) was -6.51% year
• V.S.T. Tillers Tractors's dividend growth over the last ten years (2013-2023) was 10.76% year
V.S.T. Tillers Tractors Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | ₹20.00 | annually | 2024-10-19 |
2023-08-25 | ₹25.00 | annually | 2023-10-01 |
2022-08-11 | ₹20.00 | annually | 2022-09-18 |
2021-08-18 | ₹20.00 | annually | 2021-09-26 |
2020-03-23 | ₹15.00 | annually | 2020-03-31 |
2019-08-01 | ₹15.00 | annually | 2019-09-08 |
2018-08-02 | ₹35.00 | annually | 2018-09-10 |
2017-08-03 | ₹15.00 | annually | 2017-09-10 |
2016-03-21 | ₹15.00 | annually | 2016-03-31 |
2015-08-03 | ₹15.00 | annually | 2015-08-12 |
2014-08-07 | ₹15.00 | annually | 2014-08-16 |
2013-08-07 | ₹9.00 | annually | 2013-08-16 |
V.S.T. Tillers Tractors Dividend per year
V.S.T. Tillers Tractors Dividend growth
V.S.T. Tillers Tractors Dividend Yield
V.S.T. Tillers Tractors current trailing twelve-month (TTM) dividend yield is 0.44%. Interested in purchasing V.S.T. Tillers Tractors stock? Use our calculator to estimate your expected dividend yield:
V.S.T. Tillers Tractors Financial Ratios
V.S.T. Tillers Tractors Dividend FAQ
Other factors to consider when evaluating V.S.T. Tillers Tractors 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: V.S.T. Tillers Tractors'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, V.S.T. Tillers Tractors 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, V.S.T. Tillers Tractors 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 V.S.T. Tillers Tractors 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: V.S.T. Tillers Tractors 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, V.S.T. Tillers Tractors distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: V.S.T. Tillers Tractors 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 V.S.T. Tillers Tractors'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 V.S.T. Tillers Tractors'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.