Wendt (India) Limited, together with its subsidiaries, manufactures and sells super abrasives, high precision grinding, honing, special purpose machines, and high precision components in India and internationally. The company operates through two segments, Super Abrasives; and Machines, Accessories and Components. The company offers super abrasives, including resin and metal bonds, hybrid wheels, vitrified bonds, electroplated bonds, rotary diamond dressers, hones, stationary diamond dressers, PCD/PCBN tools and wear parts, brazed products, and diamond segments and pellets. It also provides grinding, dressing, and honing machines; precision components, such as hardened and ground flanges; single point, natural point diamond, chisel type, grit impregnated, cluster type, multi-point indexable, blade type, and MCD-blade type diamond dressers; and resin bond diamond wheels, electroplated diamond mounted points, electroplated files, dressing stones, and diamond lapping compounds, as well as diamond disc for grinding and hacking concrete. In addition, the company offers machine refurbishing products, surface finishing solutions, flokings, and accessories and equipment; and finishing films and fine grinding wheels. Further, the company provides rotary dresser, precision electroplated tools, polyamide wheels, vitrified CBN wheels, rotary dresser power steering, EP wheels, and EP collets. Its products are used in industries, including automobile, auto component, engineering, aerospace, defense, ceramics, glass wheels, textile, turbo charger, medical, biomedical, gear shaft grinding, and cutting tool industry. The company also exports its products. Wendt (India) Limited was incorporated in 1980 and is headquartered in Hosur, India.
Wendt Dividend Announcement
• Wendt announced a quarterly dividend of ₹20.00 per ordinary share which will be made payable on 2024-08-13. Ex dividend date: 2024-07-12
• Wendt annual dividend for 2024 was ₹50.00
• Wendt annual dividend for 2023 was ₹110.00
• Wendt's trailing twelve-month (TTM) dividend yield is 0.33%
• Wendt's dividend growth over the last five years (2018-2023) was 34.49% year
• Wendt's dividend growth over the last ten years (2013-2023) was 22.05% year
Wendt Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-12 | ₹20.00 | quarterly | 2024-08-13 |
| 2024-02-01 | ₹30.00 | quarterly | 2024-02-16 |
| 2023-07-13 | ₹50.00 | quarterly | 2023-08-11 |
| 2023-01-31 | ₹30.00 | quarterly | 2023-02-14 |
| 2023-01-27 | ₹30.00 | quarterly | |
| 2022-07-13 | ₹45.00 | quarterly | 2022-08-21 |
| 2022-02-02 | ₹20.00 | quarterly | 2022-02-16 |
| 2021-07-14 | ₹20.00 | quarterly | 2021-08-20 |
| 2021-02-03 | ₹10.00 | quarterly | 2021-02-18 |
| 2020-07-15 | ₹25.00 | quarterly | 2020-08-23 |
| 2019-07-11 | ₹15.00 | quarterly | 2019-07-30 |
| 2019-01-31 | ₹15.00 | quarterly | 2019-02-08 |
| 2018-07-12 | ₹15.00 | quarterly | 2018-08-01 |
| 2018-02-07 | ₹10.00 | quarterly | 2018-02-19 |
| 2017-07-12 | ₹15.00 | quarterly | 2017-08-23 |
| 2017-02-07 | ₹10.00 | quarterly | 2017-02-20 |
| 2016-07-14 | ₹15.00 | quarterly | 2016-08-25 |
| 2016-02-09 | ₹10.00 | quarterly | 2016-02-22 |
| 2015-07-09 | ₹15.00 | quarterly | 2015-07-31 |
| 2015-02-11 | ₹10.00 | quarterly | 2015-02-23 |
| 2014-07-17 | ₹15.00 | quarterly | 2014-08-01 |
| 2014-02-03 | ₹10.00 | quarterly | 2014-02-15 |
| 2013-07-18 | ₹15.00 | quarterly | 2013-08-24 |
Wendt Dividend per year
Wendt Dividend growth
Wendt Dividend Yield
Wendt current trailing twelve-month (TTM) dividend yield is 0.33%. Interested in purchasing Wendt stock? Use our calculator to estimate your expected dividend yield:
Wendt Financial Ratios
P/E ratio73.04
PEG ratio-23.33
P/B ratio13.15
ROE19.47%
Payout ratio0.00%
Current ratio5.33
Quick ratio4.29
Cash Ratio0.52
Wendt Dividend FAQ
How much is the next Wendt dividend?
Wendt's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Wendt dividend. The next Wendt dividend will be released in January, January, or July.
When is Wendt dividend paid?
Wendt pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, January, and July. 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 Wendt pay?
The specific amount of Wendt 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 Wendt's dividend history.
Does Wendt stock pay dividends?
Yes, Wendt 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 Wendt's dividend history.
How much dividend does Wendt pay?
Wendt paid ₹50.0 in 2024, ₹110.0 in 2023, ₹65.0 in 2022, ₹30.0 in 2021, and ₹25.0 in 2020.
How often does Wendt pay dividends?
Wendt typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, January, and July.
What is Wendt's dividend yield?
The current dividend yield for Wendt is 0.33%. 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 Wendt's exact dividend yield.
When does Wendt go ex dividend?
Wendt's ex-dividend date for the latest dividend was on 2024-07-12. Wendt 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 Wendt dividend paid?
Wendt pays dividends on a quarterly basis, typically around January, January, or July, but the exact dates can vary each year.
Will Wendt 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 Wendt 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 Wendt dividend per share?
Wendt paid ₹50.0 per share in 2024 and ₹110.0 per share in 2023. The amount of dividend per share that Wendt 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 Wendt 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 Wendt 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 Wendt a dividend stock?
Yes, Wendt is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wendt a good dividend stock?
Whether Wendt is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Wendt has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Wendt 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 Wendt 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 Wendt pay dividends monthly?
Wendt typically pays dividends on a quarterly basis.
Does Wendt pay dividends quarterly?
Wendt currently pays dividends on a quarterly basis.
Has Wendt ever paid a dividend?
Yes, Wendt has a history of paying dividends to its shareholders. Wendt is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wendt dividend stocks?
To buy Wendt 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 Wendt 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 Wendt 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 Wendt pay dividends 2024?
Wendt pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-13. 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 Wendt increase its dividend in 2024?
Decisions regarding Wendt 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 Wendt dividend overview you can look into the above table of dividend history.
How Wendt dividend works?
The Wendt 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 Wendt's dividend process works:
1. Determination of Dividend: Wendt'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, Wendt 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, Wendt 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 Wendt 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: Wendt'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, Wendt 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, Wendt 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 Wendt 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 Wendt dividends paid?
Wendt dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Wendt 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, Wendt distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wendt 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: Wendt 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, Wendt distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wendt 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 Wendt pay dividends?
Wendt typically pays dividends on a quarterly 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 Wendt pay dividends?
The general pattern is that Wendt pays dividends around January, January, and July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Wendt dividend safe?
The safety of Wendt'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 Wendt'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 Wendt'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 Wendt'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 Wendt'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.