Walchandnagar Industries Limited operates as a heavy engineering and project execution company worldwide. The company offers booster motor casings and nozzles for aerospace applications; design, engineering, manufacture, supply, project management, and supervision services of cement plant equipment and clinker grinding units, as well as custom made solutions for modernization/retrofitting of existing plant; strategic articles, tactical missiles, and platform based equipment to the defense sector; high and low speed, planetary, and marine gear boxes; and mechanical precision instruments and components, including pressure and temperature gauges, pressure transmitters, pressure switches, thermowells, diaphragm seals, and accessories under the TIWIN brand name. It also provides centrifugal machines; equipment for various nuclear power plants; industrial boilers and steam generators; and equipment for onshore production facilities, refineries, and petrochemical and fertilizer plants, as well as undertakes turnkey sugar projects, and installation and integration activities for nuclear power plants. In addition, the company manufactures grey and ductile iron castings; offers consulting engineering services in the areas of nuclear and thermal plants, oil and gas engineering, submarines and ships, design engineering and complex projects, special purpose machines, and research and development projects; and supplies machinery and equipment for nuclear power generation plants. Walchandnagar Industries Limited was incorporated in 1908 and is based in Mumbai, India.
Walchandnagar Industries Dividend Announcement
• Walchandnagar Industries announced a annually dividend of ₹0.40 per ordinary share which will be made payable on . Ex dividend date: 2015-02-05
• Walchandnagar Industries's trailing twelve-month (TTM) dividend yield is -%
Walchandnagar Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2015-02-05 | ₹0.40 | annually | |
2014-01-16 | ₹0.40 | annually | 2014-02-08 |
2013-01-23 | ₹1.00 | annually | 2013-02-15 |
2012-02-01 | ₹1.00 | annually | 2012-02-21 |
2011-02-02 | ₹1.00 | annually | 2011-02-22 |
2010-01-12 | ₹1.00 | annually | 2010-02-19 |
2009-01-21 | ₹1.00 | annually | 2009-03-01 |
2008-01-22 | ₹2.00 | annually | 2008-03-01 |
2007-01-16 | ₹0.90 | annually | 2007-02-02 |
2006-01-06 | ₹0.60 | annually | 2006-01-25 |
2005-01-03 | ₹0.55 | annually | 2005-01-20 |
2004-01-30 | ₹0.50 | annually | 2004-02-19 |
Walchandnagar Industries Dividend per year
Walchandnagar Industries Dividend growth
Walchandnagar Industries Dividend Yield
Walchandnagar Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Walchandnagar Industries stock? Use our calculator to estimate your expected dividend yield:
Walchandnagar Industries Financial Ratios
Walchandnagar Industries Dividend FAQ
Other factors to consider when evaluating Walchandnagar Industries 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: Walchandnagar Industries'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, Walchandnagar Industries 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, Walchandnagar Industries 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 Walchandnagar Industries 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: Walchandnagar Industries 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, Walchandnagar Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Walchandnagar Industries 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 Walchandnagar Industries'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 Walchandnagar Industries'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.