Latest Schaeffler India Dividend Announcement
Schaeffler India Ltd, a leading automotive and industrial supplier, has announced a final dividend of Rs. 24.00 per share for the financial year 2022-23. The company has a strong track record of rewarding its shareholders with regular dividend payouts, and this announcement reaffirms its commitment to providing value to its investors.
The ex-dividend date for this payment is April 11th, 2023. This means that shareholders who own the stock before this date are eligible to receive the dividend payment. The dividend payout ratio for Schaeffler India Ltd is impressive, and it has consistently maintained a dividend yield of around 1-2% over the past few years.
The company’s financial performance has been strong, with a steady increase in revenue and profits over the years. It has also invested in research and development to stay ahead of the curve and offer innovative solutions to its customers. Schaeffler India Ltd’s focus on sustainability and corporate social responsibility has earned it a reputation as a responsible and ethical company.
The final dividend payout of Rs. 24.00 per share is a significant amount and demonstrates the company’s commitment to its shareholders. It is a great way to reward investors for their faith in the company’s growth and performance. This announcement is sure to be well-received by Schaeffler India Ltd’s shareholders, who can look forward to a boost in their returns.
Schaeffler India Share Price
Schaeffler India Technical Analysis
Schaeffler India Dividend History
| Security Code | Security Name | Ex Date | Purpose | Record Date |
|---|---|---|---|---|
| 505790 | Schaeffler India Ltd | 20 Feb 2001 | Dividend – Rs. – 3.5000 | – |
| 505790 | Schaeffler India Ltd | 18 Mar 2002 | Dividend – Rs. – 3.5000 | – |
| 505790 | Schaeffler India Ltd | 28 Mar 2008 | Dividend – Rs. – 4.0000 | – |
| 505790 | Schaeffler India Ltd | 30 Mar 2009 | Dividend – Rs. – 4.5000 | – |
| 505790 | Schaeffler India Ltd | 30 Mar 2010 | Dividend – Rs. – 4.5000 | – |
| 505790 | Schaeffler India Ltd | 30 Mar 2011 | Dividend – Rs. – 5.0000 | – |
| 505790 | Schaeffler India Ltd | 29 Mar 2012 | Dividend – Rs. – 5.0000 | – |
| 505790 | Schaeffler India Ltd | 29 Mar 2012 | Special Dividend – Rs. – 5.0000 | – |
| 505790 | Schaeffler India Ltd | 26 Mar 2013 | Dividend – Rs. – 5.0000 | – |
| 505790 | Schaeffler India Ltd | 27 Mar 2014 | Dividend – Rs. – 6.0000 | – |
| 505790 | Schaeffler India Ltd | 30 Mar 2015 | Dividend – Rs. – 7.5000 | – |
| 505790 | Schaeffler India Ltd | 13 Apr 2016 | Dividend – Rs. – 10.0000 | – |
| 505790 | Schaeffler India Ltd | 12 Apr 2017 | Dividend – Rs. – 12.0000 | – |
| 505790 | Schaeffler India Ltd | 09 Apr 2018 | Dividend – Rs. – 17.0000 | – |
| 505790 | Schaeffler India Ltd | 22 Apr 2019 | Dividend – Rs. – 20.0000 | – |
| 505790 | Schaeffler India Ltd | 22 Apr 2019 | Special Dividend – Rs. – 10.0000 | – |
| 505790 | Schaeffler India Ltd | 19 Jun 2020 | Final Dividend – Rs. – 35.0000 | – |
| 505790 | Schaeffler India Ltd | 19 Apr 2021 | Dividend – Rs. – 38.0000 | – |
| 505790 | Schaeffler India Ltd | 08 Feb 2022 | Stock Split From Rs.10/- to Rs.2/- | 09 Feb 2022 |
| 505790 | Schaeffler India Ltd | 19 Apr 2022 | Dividend – Rs. – 16.0000 | – |
| 505790 | Schaeffler India Ltd | 11 Apr 2023 | Final Dividend – Rs. – 24.0000 | – |
About Schaeffler India
Schaeffler India Ltd is a leading automotive and industrial supplier that operates in India. The company is a part of the Schaeffler Group, a global automotive and industrial supplier headquartered in Germany. Schaeffler India Ltd specializes in the production and distribution of a wide range of products such as bearings, engine components, linear motion products, and automotive aftermarket products.
The company has a strong presence in the Indian market, with over 5,500 employees and 8 manufacturing plants spread across the country. Its products and solutions are used in a variety of industries, including automotive, aerospace, railways, and wind energy. Schaeffler India Ltd is also committed to sustainability and has implemented various initiatives to reduce its carbon footprint and promote eco-friendly practices.
One of the company’s core strengths is its focus on innovation and technology. Schaeffler India Ltd has a dedicated research and development center that works on developing innovative solutions to meet the changing needs of its customers. The company also collaborates with various educational institutions to promote research and innovation in the field of engineering.
Schaeffler India Ltd is committed to providing value to its customers, shareholders, and employees. It has a strong corporate social responsibility program and supports various initiatives aimed at promoting education, healthcare, and environmental sustainability. The company also focuses on developing its employees’ skills and offers various training and development programs to enhance their professional growth.
In conclusion, Schaeffler India Ltd is a leading automotive and industrial supplier that has a strong presence in India. The company’s commitment to innovation, sustainability, and corporate social responsibility has earned it a reputation as a responsible and ethical company. With its focus on providing value to its customers, shareholders, and employees, Schaeffler India Ltd is well-positioned to continue its growth and success in the years to come.