Voltas Limited operates as an air conditioning and engineering company primarily in India, the Middle East, Singapore, and internationally. It operates through three segments: Unitary Cooling Products for Comfort and Commercial Use; Electro-Mechanical Projects and Services; and Engineering Products and Services. The company manufactures, sells, and services cooling appliances and cold storage products, such as air conditioners, air coolers, freezers, visi coolers, water dispensers, variable refrigerant flow, and chillers. It also undertakes electro-mechanical projects, including electrical; heating, ventilation, and air conditioning projects; and plumbing, firefighting, extra low voltage, and specialized activities. In addition, the company provides facilities maintenance and hard services, such as operations and maintenance contracts in various sectors, AMCs, retrofits and energy management, etc. Further, it engages in the provision of water treatment solutions for industrial, oil and gas, and sewage segments; sale and service of capital machinery for textile industry; sale of spares and accessories for textile equipment; and sale of mining and construction equipment. Additionally, the company offers operations and maintenance services for mining and construction industry; manufactures ducts and duct accessories; and undertakes engineering, procurement, and construction projects. It also engages in the drilling, irrigation, and landscaping activities; and construction of water treatment plants. Voltas Limited was incorporated in 1954 and is headquartered in Mumbai, India.
Voltas Dividend Announcement
• Voltas announced a annually dividend of ₹5.50 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-06-25
• Voltas annual dividend for 2024 was ₹5.50
• Voltas annual dividend for 2023 was ₹4.25
• Voltas's trailing twelve-month (TTM) dividend yield is 0.31%
• Voltas's dividend growth over the last five years (2018-2023) was 1.22% year
• Voltas's dividend growth over the last ten years (2013-2023) was 10.26% year
Voltas Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-25 | ₹5.50 | annually | 2024-08-09 |
| 2023-06-09 | ₹4.25 | annually | 2023-07-22 |
| 2022-06-09 | ₹5.50 | annually | 2022-07-24 |
| 2021-08-11 | ₹5.00 | annually | 2021-09-26 |
| 2020-08-05 | ₹4.00 | annually | 2020-09-20 |
| 2019-07-17 | ₹4.00 | annually | 2019-08-10 |
| 2018-08-03 | ₹4.00 | annually | 2018-09-26 |
| 2017-08-04 | ₹3.50 | annually | 2017-09-27 |
| 2016-08-05 | ₹2.60 | annually | 2016-09-28 |
| 2015-07-10 | ₹2.25 | annually | 2015-09-02 |
| 2014-08-08 | ₹0.25 | annually | 2014-10-01 |
| 2013-08-02 | ₹1.60 | annually | 2013-09-18 |
Voltas Dividend per year
Voltas Dividend growth
Voltas Dividend Yield
Voltas current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Voltas stock? Use our calculator to estimate your expected dividend yield:
Voltas Financial Ratios
P/E ratio106.71
PEG ratio-273.17
P/B ratio9.42
ROE9.35%
Payout ratio0.00%
Current ratio1.46
Quick ratio1.03
Cash Ratio0.13
Voltas Dividend FAQ
How much is the next Voltas dividend?
Voltas's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Voltas dividend. The next Voltas dividend will be released in June.
When is Voltas dividend paid?
Voltas pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Voltas pay?
The specific amount of Voltas 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 Voltas's dividend history.
Does Voltas stock pay dividends?
Yes, Voltas 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 Voltas's dividend history.
How much dividend does Voltas pay?
Voltas paid ₹5.5 in 2024, ₹4.25 in 2023, ₹5.5 in 2022, ₹5.0 in 2021, and ₹4.0 in 2020.
How often does Voltas pay dividends?
Voltas 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 June.
What is Voltas's dividend yield?
The current dividend yield for Voltas is 0.31%. 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 Voltas's exact dividend yield.
When does Voltas go ex dividend?
Voltas's ex-dividend date for the latest dividend was on 2024-06-25. Voltas 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 Voltas dividend paid?
Voltas pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Voltas 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 Voltas 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 Voltas dividend per share?
Voltas paid ₹5.5 per share in 2024 and ₹4.25 per share in 2023. The amount of dividend per share that Voltas 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 Voltas 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 Voltas 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 Voltas a dividend stock?
Yes, Voltas is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Voltas a good dividend stock?
Whether Voltas is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Voltas has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Voltas 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 Voltas 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 Voltas pay dividends monthly?
Voltas typically pays dividends on a annually basis.
Does Voltas pay dividends quarterly?
Voltas currently pays dividends on a annually basis.
Has Voltas ever paid a dividend?
Yes, Voltas has a history of paying dividends to its shareholders. Voltas is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Voltas dividend stocks?
To buy Voltas 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 Voltas 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 Voltas 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 Voltas pay dividends 2024?
Voltas pays dividends on a annually basis. 2024 dividend payments are in 2024-08-09. 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 Voltas increase its dividend in 2024?
Decisions regarding Voltas 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 Voltas dividend overview you can look into the above table of dividend history.
How Voltas dividend works?
The Voltas 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 Voltas's dividend process works:
1. Determination of Dividend: Voltas'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, Voltas 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, Voltas 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 Voltas 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: Voltas'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, Voltas 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, Voltas 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 Voltas 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 Voltas dividends paid?
Voltas dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Voltas 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, Voltas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Voltas 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: Voltas 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, Voltas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Voltas 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 Voltas pay dividends?
Voltas 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 Voltas pay dividends?
The general pattern is that Voltas pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Voltas dividend safe?
The safety of Voltas'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 Voltas'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 Voltas'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 Voltas'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 Voltas'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.