Hindalco Industries (HINDALCO.NS) Dividends
Market Cap: $1.56T
Avg Volume: 5.94M
Industry: Aluminum
Sector: Basic Materials
Dividend Overview
Hindalco Industries (HINDALCO.NS) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $3.5
- Ex-Dividend Date: August 09, 2024
- Total Dividends Paid (Last Year): $6.67B
Dividend Metrics
- Dividend Yield: 0.53%
- Payout Ratio: 6.57%
- Dividend Growth (YoY): 25.06%
Dividend Yield
0.53%
Dividend Payout Ratio
6.57%
Dividend Paid & Capex Coverage Ratio
1.47x
Hindalco Industries pays an annual dividend of $3.5 per share. This means that for each share you own, you'll receive $3.5 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was August 09, 2024. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, Hindalco Industries paid a total of $6.67B in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, Hindalco Industries's dividend yield stands at 0.53%. To put this in perspective, if you invest $100 in Hindalco Industries's stock at the current price, you can expect to receive approximately $0.53 in annual dividend income.
The company's dividend payout ratio is 6.57%. This means that Hindalco Industries is distributing 6.57% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, Hindalco Industries's dividend has grown by 25.06%. This growth may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
Hindalco Industries (HINDALCO.NS) dividend payments have grown 25.06% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Hindalco Industries Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $3.5 | $3.5 | August 09, 2024 | August 09, 2024 | August 27, 2024 | |
| $4 | $4 | August 11, 2022 | |||
| $3 | $3 | August 12, 2021 | |||
| $1 | $1 | September 03, 2020 | September 04, 2020 | September 10, 2020 | June 12, 2020 |
| $1.2 | $1.2 | August 14, 2019 | August 16, 2019 | August 30, 2019 | May 16, 2019 |
| $1.2 | $1.2 | September 12, 2018 | September 14, 2018 | September 25, 2018 | May 16, 2018 |
| $1.1 | $1.1 | September 05, 2017 | September 06, 2017 | October 13, 2017 | May 30, 2017 |
| $1 | $1 | September 06, 2016 | September 07, 2016 | September 19, 2016 | May 29, 2016 |
| $1 | $1 | September 07, 2015 | September 08, 2015 | September 21, 2015 | May 28, 2015 |
| $1 | $1 | September 08, 2014 | September 09, 2014 | September 29, 2014 | May 29, 2014 |
| $1.4 | $1.4 | August 30, 2013 | September 02, 2013 | September 13, 2013 | May 28, 2013 |
| $1.55 | $1.55 | August 31, 2012 | September 03, 2012 | September 15, 2012 | June 27, 2012 |
| $1.5 | $1.5 | September 14, 2011 | September 15, 2011 | September 28, 2011 | May 30, 2011 |
| $1.35 | $1.35 | August 24, 2010 | August 25, 2010 | October 03, 2010 | June 04, 2010 |
| $1.35 | $1.35 | September 10, 2009 | September 12, 2009 | October 17, 2009 | June 30, 2009 |
| $1.68 | $1.67667 | August 28, 2008 | September 05, 2008 | September 19, 2008 | June 20, 2008 |
| $1.7 | $1.54072 | March 16, 2007 | March 20, 2007 | April 04, 2007 | March 12, 2007 |
| $2.2 | $1.99387 | July 14, 2006 | July 18, 2006 | August 02, 2006 | April 29, 2006 |
| $20 | $1.7023 | June 29, 2005 | July 01, 2005 | July 16, 2005 | April 30, 2005 |
| $16.5 | $1.4044 | July 16, 2004 | July 20, 2004 | August 04, 2004 | April 26, 2004 |
| $13.5 | $1.14905 | July 14, 2003 | July 16, 2003 | July 31, 2003 | May 01, 2003 |
| $13.5 | $1.14905 | July 09, 2002 | July 12, 2002 | July 27, 2002 | May 05, 2002 |
| $12 | $1.02138 | July 02, 2001 | July 17, 2001 | August 01, 2001 | April 27, 2001 |
| $3 | $0.25535 | July 03, 2000 | July 18, 2000 | August 01, 2000 | April 29, 2000 |
| $5 | $0.42558 | April 06, 2000 | April 25, 2000 | May 01, 2000 | March 24, 2000 |
| $6.5 | $0.55325 | July 05, 1999 | July 20, 1999 | August 01, 1999 | May 07, 1999 |
| $5.25 | $0.44686 | June 30, 1998 | July 15, 1998 | August 01, 1998 | May 09, 1998 |
| $4.5 | $0.38302 | June 09, 1997 | July 08, 1997 | September 17, 1997 | May 06, 1997 |