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Dividend of Carborundum Universal Ltd

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Carborundum Universal Ltd

NSE: CARBORUNIV

Dividend Payout (Final)

₹ 2.5

Ex-Dividend Date: Jul 22, 2024

Key Highlights

  • Carborundum Universal Ltd dividend yield is 0.32%.
  • Carborundum Universal Ltd has declared 6 dividends since 2022.
  • In the past 12 months, Carborundum Universal Ltd has given a dividend of ₹5.00 per share.
  • The Latest Trading Price of Carborundum Universal Ltd is ₹ 1242 as of 15 Jan 10:12 .

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Monitoring Carborundum Universal Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Carborundum Universal Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-243
2023-242
2022-232
2022-232
2021-222

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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Carborundum Universal Ltd

NSE: CARBORUNIV

Share Price

₹ 1242.55

8.05 (0.65%)

stock direction

Last updated on: Jan 15, 2025

Company Fundamentals for Carborundum Universal Ltd

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Carborundum Universal Ltd

Strength

4

che

Weakness

2

che

Opportunity

0

che

Threats

2

che

BlinkX Score for Carborundum Universal Ltd

Historical Market Cap of Carborundum Universal Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Carborundum Universal Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Carborundum Universal Ltd News Hub

Carborundum Universal to acquire US-based Silicon Carbide Products

Carborundum Universal (CUMI) has entered into a binding Share Purchase Agreement to acquire a 100% s

Read more

2024-09-17 00:00:00

Carborundum Universal jumps after inking pact to acquire Sillicon Carbide Products

CUMI will incorporate a wholly owned subsidiary in USA, which will act as the Special purpose vehicl

Read more

2024-09-17 00:00:00

Carborundum Universal consolidated net profit rises 13.72% in the September 2024 quarter

Net profit of Carborundum Universal rose 13.72% to Rs 115.86 crore in the quarter ended September 20

Read more

2024-10-30 00:00:00

Carborundum Universal to discuss results

Carborundum Universal will hold a meeting of the Board of Directors of the Company on 30 October 202

Read more

2024-10-18 00:00:00

About Carborundum Universal Ltd

  • Carborundum Universal Ltd, which is known by its acronym CUMI, is a largest high alumina ceramic manufacturing company in India.
  • CUMI manufactures and sells mainly Abrasives, Ceramics (Industrial Ceramics, Refractories) and Electrominerals.
  • It manufactures a comprehensive product range which includes, Bonded, Coated, Super Abrasives, Ceramics, Electrominerals and Coolants for a wide spectrum of industries. Carborundum Universal Ltd was incorporated in the year April 21st, 1954 as a joint venture between Carborundum Company, USA, Universal Grinding Wheel Company, UK and Murugappa Group, India.
  • Within ten year, they acquired a coated abrasives facility from Ajax Products Pvt.
  • Ltd. and set up a bonded abrasive facility at Thiruvottiyur in Chennai and bauxite mining in Bhatia.

FAQs for Dividends of Carborundum Universal Ltd

What is the current market price of Carborundum Universal Ltd as of January 15, 2025?

The current market price of Carborundum Universal Ltd stands at 1242.6 per share.

What dividend did Carborundum Universal Ltd declare in the last fiscal year?

In the last fiscal year, Carborundum Universal Ltd declared a dividend totaling ₹3.5.

What is the most recent dividend declared by Carborundum Universal Ltd?

Carborundum Universal Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Carborundum Universal Ltd declared dividends in the current fiscal year?

Carborundum Universal Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Carborundum Universal Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Carborundum Universal Ltd declared dividends 4 times totaling ₹3.5.

What is Dividend Yield of Carborundum Universal Ltd?

The Carborundum Universal Ltd's Dividend Yield is 0.3 as of January 15, 2025

Will I get Carborundum Universal Ltd dividend if I have shares?

If you purchase Carborundum Universal Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Carborundum Universal Ltd dividend if I sell my shares?

Shareholders who sell their Carborundum Universal Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Carborundum Universal Ltd dividend?

To be eligible for the Carborundum Universal Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Carborundum Universal Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Carborundum Universal Ltd dividend amount will be automatically credited to your bank account.

Will I get Carborundum Universal Ltd dividend if I have shares?

If you purchase Carborundum Universal Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.

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