ZF Steering Gear (India) Ltd. engages in the manufacture and supply of ball and nut integral hydraulic power, and worm and roller mechanical steering system in India. It operates through the Auto Component and Renewable Energy segments. The Auto Component segment refers to auto component manufacturing. The Renewable Energy segment includes electricity generation through solar or windmill. The company was founded on January 21, 1981 and is headquartered in Pune, India.
ZF Steering Gear Dividend Announcement
• ZF Steering Gear announced a annually dividend of ₹8.00 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-03 • ZF Steering Gear annual dividend for 2024 was ₹8.00 • ZF Steering Gear annual dividend for 2023 was ₹5.00 • ZF Steering Gear's trailing twelve-month (TTM) dividend yield is 0.46% • ZF Steering Gear's payout ratio for the trailing twelve months (TTM) is 11.26%
ZF Steering Gear current trailing twelve-month (TTM) dividend yield is 0.46%. Interested in purchasing ZF Steering Gear stock? Use our calculator to estimate your expected dividend yield:
ZF Steering Gear Financial Ratios
P/E ratio37.78
PEG ratio-1.83
P/B ratio3.48
ROE9.63%
Payout ratio11.26%
Current ratio2.04
Quick ratio1.33
Cash Ratio0.12
ZF Steering Gear Dividend FAQ
How much is the next ZF Steering Gear dividend?
ZF Steering Gear's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next ZF Steering Gear dividend. The next ZF Steering Gear dividend will be released in September.
When is ZF Steering Gear dividend paid?
ZF Steering Gear pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 ZF Steering Gear pay?
The specific amount of ZF Steering Gear 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 ZF Steering Gear's dividend history.
Does ZF Steering Gear stock pay dividends?
Yes, ZF Steering Gear 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 ZF Steering Gear's dividend history.
How much dividend does ZF Steering Gear pay?
ZF Steering Gear paid ₹8 in 2024, ₹5 in 2023, ₹0 in 2022, ₹0 in 2021, and ₹0 in 2020.
How often does ZF Steering Gear pay dividends?
ZF Steering Gear 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 September.
What is ZF Steering Gear's dividend yield?
The current dividend yield for ZF Steering Gear is 0.46%. 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 ZF Steering Gear's exact dividend yield.
When does ZF Steering Gear go ex dividend?
ZF Steering Gear's ex-dividend date for the latest dividend was on 2024-09-03. ZF Steering Gear 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 ZF Steering Gear dividend paid?
ZF Steering Gear pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will ZF Steering Gear 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 ZF Steering Gear 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 ZF Steering Gear dividend per share?
ZF Steering Gear paid ₹8 per share in 2024 and ₹5 per share in 2023. The amount of dividend per share that ZF Steering Gear 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 ZF Steering Gear 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 ZF Steering Gear 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 ZF Steering Gear a dividend stock?
Yes, ZF Steering Gear is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is ZF Steering Gear a good dividend stock?
Whether ZF Steering Gear is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. ZF Steering Gear has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating ZF Steering Gear 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 ZF Steering Gear pay dividends monthly?
ZF Steering Gear typically pays dividends on a annually basis.
Does ZF Steering Gear pay dividends quarterly?
ZF Steering Gear currently pays dividends on a annually basis.
Has ZF Steering Gear ever paid a dividend?
Yes, ZF Steering Gear has a history of paying dividends to its shareholders. ZF Steering Gear is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy ZF Steering Gear dividend stocks?
To buy ZF Steering Gear 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 ZF Steering Gear 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 ZF Steering Gear pay dividends 2024?
ZF Steering Gear pays dividends on a annually basis. 2024 dividend payments are in 2024-10-10. 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 ZF Steering Gear increase its dividend in 2024?
Decisions regarding ZF Steering Gear 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 ZF Steering Gear dividend overview you can look into the above table of dividend history.
How ZF Steering Gear dividend works?
The ZF Steering Gear 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 ZF Steering Gear's dividend process works:
1. Determination of Dividend: ZF Steering Gear'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, ZF Steering Gear 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, ZF Steering Gear 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 ZF Steering Gear 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 ZF Steering Gear dividends paid?
ZF Steering Gear dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: ZF Steering Gear 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, ZF Steering Gear distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ZF Steering Gear 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 ZF Steering Gear pay dividends?
ZF Steering Gear 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 ZF Steering Gear pay dividends?
The general pattern is that ZF Steering Gear pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is ZF Steering Gear dividend safe?
The safety of ZF Steering Gear'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 ZF Steering Gear'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 ZF Steering Gear'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.