Uniparts India Ltd Dividend 2024 Record Date, Share Price, History

News: Uniparts India Ltd, a prominent player in the Electrodes & Electrical Equipments sector, has recently announced its dividend for the year 2024. In this article, we’ll delve into the details of Uniparts India’s dividend, including the record date, share price, and a brief historical overview.

Dividend Announcement

On February 8, 2024, Uniparts India declared a dividend of Rs 6.0 per share. This dividend payout reflects the company’s commitment to rewarding its shareholders.

Record Date

The record date for this dividend is February 21, 2024. If you own Uniparts India shares on or before this date, you will be eligible to receive the dividend.

Share Price

As of now, Uniparts India’s share price stands at Rs 546.70. Considering this share price, the dividend yield works out to approximately 2.61%.

Historical Dividends

Uniparts India has a track record of consistent dividend payouts. For the year ending March 2023, the company distributed a dividend of 142.50%. Investors can take confidence in the company’s commitment to sharing profits with its shareholders.

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About Uniparts India Ltd :

Uniparts India Ltd is a globally recognized manufacturer of engineered systems and solutions. Let’s explore more about this company:

Overview

Uniparts India Ltd operates in the Electrodes & Electrical Equipments sector. With a strong presence across 25 countries, it is a leading supplier of systems and components for the off-highway market. The company’s products cater to various industries, including agriculture, construction, forestry, and mining.

History

Uniparts India Ltd was incorporated in 1994 and has since established itself as a reliable player in the industry. Its commitment to quality and innovation has contributed to its success over the years.

Business Areas

1. Agriculture: Uniparts Group is a major producer of 3-Point Linkage Systems for agricultural machinery globally.

2. Construction & Forestry: The company supplies precision machined parts to the mobile equipment market, particularly in the construction sector.

3. After Market: Uniparts India offers a range of products, including 3-point linkage parts and machined forgings and fabrications used in various agricultural applications.

Uniparts India Ltd’s dividend announcement for 2024 provides an opportunity for investors to benefit from their investment. Keep an eye on the record date and consider the historical performance when making informed decisions about your investment portfolio.

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