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Wheels India Limited, together with its subsidiary, engages in the manufacture and sale of automotive and industrial components in India and internationally. The company offers steel wheels for use in heavy and light vehicles, as well as for agricultural applications; off-road construction wheels, wire wheels, and forged aluminum wheels; air suspension systems for buses, trucks, and trailers, as well as control and specialty products; and wind turbines and machined components for various other applications. It also provides auto structural products, such as beams, boxes, columns, auto welded and manually welded plates, and rolled sections; and fabrication services for construction and mining equipment sector. Wheels India Limited was incorporated in 1960 and is based in Chennai, India.

Wheels India Dividend Announcement

Wheels India announced a semi annually dividend of ₹7.39 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-07-10
Wheels India annual dividend for 2024 was ₹7.39
Wheels India annual dividend for 2023 was ₹6.97
Wheels India's trailing twelve-month (TTM) dividend yield is 1.05%
Wheels India's dividend growth over the last five years (2018-2023) was -27.99% year
Wheels India's dividend growth over the last ten years (2013-2023) was 4.50% year

Wheels India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-10₹7.39semi annually2024-08-16
2023-07-12₹3.97semi annually2023-08-18
2023-02-14₹3.00semi annually2023-03-02
2022-07-05₹8.30semi annually2022-08-12
2021-07-27₹1.00semi annually2021-09-02
2020-07-22₹2.65semi annually2020-08-28
2020-02-25₹3.00semi annually2020-03-14
2019-08-06₹4.75semi annually2019-09-11
2019-08-05₹4.75semi annually
2019-02-15₹3.25semi annually2019-03-08
2018-08-08₹18.00semi annually2018-09-13
2018-02-15₹6.00semi annually2018-03-08
2018-02-12₹12.00semi annually
2017-07-28₹8.00semi annually2017-09-08
2017-02-17₹5.00semi annually2017-03-10
2016-07-28₹5.50semi annually2016-09-08
2016-02-19₹3.50semi annually
2015-07-30₹4.50semi annually2015-09-10
2015-02-12₹3.00semi annually2015-03-05
2014-08-27₹4.20semi annually
2014-01-06₹2.22semi annually2014-01-20
2013-07-30₹4.49semi annually2013-09-12

Wheels India Dividend per year

Wheels India Dividend growth

Wheels India Dividend Yield

Wheels India current trailing twelve-month (TTM) dividend yield is 1.05%. Interested in purchasing Wheels India stock? Use our calculator to estimate your expected dividend yield:

Wheels India Financial Ratios

P/E ratio17.89
PEG ratio-2.81
P/B ratio1.98
ROE11.47%
Payout ratio0.00%
Current ratio0.92
Quick ratio0.50
Cash Ratio0.01

Wheels India Dividend FAQ

How much is the next Wheels India dividend?
Wheels India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Wheels India dividend. The next Wheels India dividend will be released in February, or July.
When is Wheels India dividend paid?
Wheels India pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, 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 Wheels India pay?
The specific amount of Wheels India 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 Wheels India's dividend history.
Does Wheels India stock pay dividends?
Yes, Wheels India 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 Wheels India's dividend history.
How much dividend does Wheels India pay?
Wheels India paid ₹7.39 in 2024, ₹6.97 in 2023, ₹8.3 in 2022, ₹1.0 in 2021, and ₹5.65 in 2020.
How often does Wheels India pay dividends?
Wheels India typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and July.
What is Wheels India's dividend yield?
The current dividend yield for Wheels India is 1.05%. 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 Wheels India's exact dividend yield.
When does Wheels India go ex dividend?
Wheels India's ex-dividend date for the latest dividend was on 2024-07-10. Wheels India 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 Wheels India dividend paid?
Wheels India pays dividends on a semi annually basis, typically around February, or July, but the exact dates can vary each year.
Will Wheels India 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 Wheels India 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 Wheels India dividend per share?
Wheels India paid ₹7.39 per share in 2024 and ₹6.97 per share in 2023. The amount of dividend per share that Wheels India 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 Wheels India 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 Wheels India 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 Wheels India a dividend stock?
Yes, Wheels India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wheels India a good dividend stock?
Whether Wheels India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Wheels India has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Wheels India 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 Wheels India pay dividends monthly?
Wheels India typically pays dividends on a semi annually basis.
Does Wheels India pay dividends quarterly?
Wheels India currently pays dividends on a semi annually basis.
Has Wheels India ever paid a dividend?
Yes, Wheels India has a history of paying dividends to its shareholders. Wheels India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wheels India dividend stocks?
To buy Wheels India 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 Wheels India 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 Wheels India pay dividends 2024?
Wheels India pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-16. 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 Wheels India increase its dividend in 2024?
Decisions regarding Wheels India 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 Wheels India dividend overview you can look into the above table of dividend history.
How Wheels India dividend works?
The Wheels India 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 Wheels India's dividend process works:

1. Determination of Dividend: Wheels India'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, Wheels India 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, Wheels India 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 Wheels India 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 Wheels India dividends paid?
Wheels India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Wheels India 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, Wheels India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Wheels India 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 Wheels India pay dividends?
Wheels India typically pays dividends on a semi 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 Wheels India pay dividends?
The general pattern is that Wheels India pays dividends around February, 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 Wheels India dividend safe?
The safety of Wheels India'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 Wheels India'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 Wheels India'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.