Garware HiTech announced a final dividend of ₹12.00 per share -- the ex-date for this dividend is due tomorrow, September 17, 2025. This makes today the last day to trade the stock before it turns ex-dividend; investors who own the stock today will be eligible for the payout.
Dividend Details
The final dividend announcement includes a dividend of ₹12.00 per share. Shareholders should note that the ex-date, which determines eligibility for the dividend.Particulars Details Dividend per share ₹12.00 Ex-Date September 17, 2025 Historical Context
Comparing the current dividend with previous years provides insight into Garware HiTech's dividend payout trend. The company’s dividend history shows consistent payouts, with a dividend of ₹10.00 per share in each of the years 2021, 2022 and 2023 and ₹10 in 2024. The increase to ₹12.00 this year is a positive signal for investors.Year Dividend per Share (₹) 2021 10.00 2022 10.00 2023 10.00 2024 10.00 2025 12.00 Shareholder Impact and Yield
For shareholders, the dividend represents a direct return on investment. While the dividend yield cannot be precisely calculated without the record date and payment date, the ₹12.00 dividend on a stock priced at Rs 3,332.40 provides a tangible benefit. Investors often view consistent or increasing dividend payouts as a sign of financial stability and confidence from the company's management.
Financial Performance Overview
Garware HiTech has demonstrated significant financial growth, reflecting positively on its capacity to distribute dividends. The company's annual revenue has steadily increased, reaching ₹2,109.36 Crore in March 2025, up from ₹1,677.02 Crore in March 2024. Net profit also saw substantial growth, increasing from ₹203.29 Crore in March 2024 to ₹331.22 Crore in March 2025. Earnings per share (EPS) also increased to ₹142.57 in 2025 from ₹87.50 in 2024. These financials underscore the company's strong performance.Metric Mar 2024 Mar 2025 Change Revenue 1,677.02 2,109.36 +25.78% Net Profit 203.29 331.22 +62.93% EPS 87.50 142.57 +63.05% Market Reaction
The stock of Garware HiTech experienced a modest increase of 0.33%, trading at Rs 3,332.40. This marginal increase reflects investor acknowledgment of the dividend announcement and overall financial health of the company.
With a market capitalization of 7,736.74 Crores, Garware HiTech's dividend announcement aligns with its demonstrated financial growth and shareholder-friendly actions.
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