Spectrum Electrical Industries Ltd Dividend History
Latest Dividend
₹1.00
FY2023 · Interim
Declared On
15/05/2023
announcement date
Ex-Date
26/05/2023
last ex-dividend date
Record Date
26/05/2023
eligibility cutoff
Dividend Yield
0.03%
as of 15 Sep 2026
History of Spectrum Electrical Industries Ltd's Dividend payments
| Announcement Date | Ex-Date | Record Date | Type | Dividend / Share |
|---|---|---|---|---|
15/05/2023 | 26/05/2023 | 26/05/2023 | Interim | ₹1.00 |
24/08/2021 | 02/09/2021 | 03/09/2021 | Interim | ₹1.00 |
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FAQs
What is the latest dividend declared by Spectrum Electrical Industries Ltd?
Spectrum Electrical Industries Ltd declared a dividend of ₹1.00 per share on 15 May 2023, with a record date of 26 May 2023.
When will I receive the Spectrum Electrical Industries Ltd dividend?
To receive the Spectrum Electrical Industries Ltd dividend, you must hold SPECTRUM shares before the ex-date of 26 May 2023. Under T+1 settlement, buying on the ex-date itself makes you ineligible. The dividend is credited to your linked bank account within 30 days of the record date.
How often does Spectrum Electrical Industries Ltd pay dividend?
Spectrum Electrical Industries Ltd pays one dividend per financial year, typically declared after Q4 board meeting results.
Is Spectrum Electrical Industries Ltd a good stock for dividend income?
Spectrum Electrical Industries Ltd's current dividend yield is 0.00%. This is relatively low — Spectrum Electrical Industries Ltd is primarily a capital appreciation stock rather than a high-dividend one.
How much tax will I pay on Spectrum Electrical Industries Ltd dividend?
Dividends from Spectrum Electrical Industries Ltd are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Spectrum Electrical Industries Ltd exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.