ELGI Equipments Limited Stock Dividends
ELGI Equipments Limited Stock Dividends Overview
ELGIEQUIP.NS pays dividends yearly. Last paid amount was ₹2.00 at Jul 28, 2023. As of today, dividend yield (TTM) is 0.735%.
Dividend Yield Range
AI Analysis of ELGIEQUIP.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.735% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹2.00 |
| Next Ex-Dividend Date | Jul 24, 2024 |
| Next Payment Date | Aug 29, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from ELGIEQUIP the purchase should be done within the next 24 days.
Here's a simple guide on how to buy ELGIEQUIP stock.
ELGIEQUIP Dividend Payout History
To ensure a understanding of ELGIEQUIP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 24, 2024 | Jul 24, 2024 | Aug 29, 2024 | ₹2.00 | 0% |
| 2 | Jul 28, 2023 | Jul 28, 2023 | Jul 28, 2023 | ₹2.00 | 0% |
| 3 | Jul 27, 2023 | Jul 27, 2023 | Jul 27, 2023 | ₹2.00 | 0% |
| 4 | Aug 04, 2022 | Aug 04, 2022 | Aug 04, 2022 | ₹1.15 | 0% |
| 5 | Jul 23, 2021 | Jul 23, 2021 | Jul 23, 2021 | ₹0.80 | 0% |
| 6 | Mar 18, 2020 | Mar 18, 2020 | Mar 18, 2020 | ₹0.83 | 0% |
| 7 | Mar 17, 2020 | Mar 17, 2020 | Mar 17, 2020 | ₹1.65 | 0% |
| 8 | May 27, 2019 | Jul 25, 2019 | Sep 01, 2019 | ₹0.650 | 0% |
| 9 | May 28, 2018 | Aug 02, 2018 | Sep 05, 2018 | ₹0.600 | 0% |
| 10 | May 10, 2017 | Jul 20, 2017 | Aug 25, 2017 | ₹0.500 | 0% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
ELGIEQUIP Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from ELGIEQUIP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in ELGIEQUIP stock here.
Comparing ELGIEQUIP to Sector and Country
ELGIEQUIP.NS pays a solid dividend yield of 0.735%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.158%). ELGIEQUIP.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the IN market (2.57%), which means that there are more attractive dividend stocks to consider.
