KIRLOSKAR OIL ENGINES LTD Dividend 2024, Record Date, Share Price, History

News: Kirloskar Oil Engines Ltd (NSE: KIRLOSENG) is a prominent player in the engineering sector. As investors and shareholders eagerly await the upcoming dividend, let’s delve into the details of what to expect in 2024.

Dividend History

Kirloskar Oil Engines has consistently rewarded its shareholders through dividends. In 2022, the company declared an interim dividend of Rs. 2.50 per share. This year, the trend continues with another interim dividend announcement.

Dividend for 2024

1. Record Date: The record date for the interim dividend in 2024 is 23rd February.

2. Dividend Amount: Shareholders can anticipate a dividend of Rs. 2.50 per share.

3. Payment Date: The dividend will be disbursed on or before 12th March 2024.

Share Price Trends

As of January 20, 2024, the closing price of Kirloskar Oil Engines Ltd (KIRO) stands at :

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About KIRLOSKAR OIL ENGINES LTD :

Unstoppable Energy for Boundless Dreams

Kirloskar Oil Engines Ltd. (KOEL), also known as KOEL, is a powerhouse of energy and innovation. As our flagship company, KOEL has been at the forefront of providing versatile and reliable products across various industries. Let’s delve into what makes KOEL a force to reckon with:

Our Product Range:

KOEL manufactures a wide array of products, catering to diverse needs:

1. Power Generation: We produce power gensets with a power output ranging from 2.1 kVA to 1010 kVA. These gensets are essential for ensuring uninterrupted power supply in various sectors.

2. Industrial Engines: Our air-cooled and liquid-cooled diesel engines power industries worldwide. From construction to material handling, KOEL engines drive productivity.

3. Farm Mechanization: We offer solutions for farm mechanization, including power tillers, power weeders, and rotary tillers. These tools empower farmers to enhance agricultural productivity.

4. Water Solutions: KOEL’s diesel and electric pumps play a crucial role in water management. Whether it’s irrigation or firefighting, our pumps deliver efficiency and reliability.

Awards and Recognition:

KOEL’s commitment to excellence has earned us several accolades:

1. CFBP Jamnalal Bajaj Award: We received this prestigious award for fair business practices in the large manufacturing enterprises category.

2. Frost & Sullivan Awards: KOEL was recognized for “Best Value for Money,” “Excellence,” and “Voice of Customer” in 2007.

3. Energy Conservation Awards: We clinched top honors in state-level energy conservation and management competitions.

Our Vision:

KOEL’s vision is to be future-ready. We engineer products that empower our customers’ dreams. Our research and development teams continually evolve, ensuring we meet the needs of tomorrow.

Investors should keep an eye on Kirloskar Oil Engines Ltd’s announcements and stay informed about the dividend payout. With a strong track record, the company continues to provide value to its shareholders.

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