Schaeffler, CIE Automotive & Elantas Beck to Trade Ex-Dividend Soon; Do You Hold?
- Share.Market
- 4 min read
- Published at : 22 Apr 2025 11:52 AM
- Modified at : 22 Apr 2025 11:52 AM
The shares of Schaeffler India, CIE Automotive India, and Elantas Beck India are set to trade ex-dividend on Wednesday, April 23, 2025. To be eligible for the upcoming dividends, investors must have bought the shares before the ex-date and hold them at least till the record date.
Schaeffler India has announced a final dividend of ₹28 per equity share. The dividend is subject to approval at the company’s 62nd Annual General Meeting. The company had previously announced a final dividend of ₹26 per equity share on April 19, 2024.
Schaeffler India is a leading motion technology company, known for its automotive and industrial components. With four manufacturing plants and 11 sales offices, the company plays a key role in electric mobility, digitalization, and energy-efficient solutions. It also has strong R&D and after-market networks in India.
In Q4 FY24, Schaeffler sustained its double-digit revenue growth, saw a marginal improvement in earnings quality, and posted better free cash flow due to strong cost and working capital management. It continues to invest steadily under its long-term capex plan.
Let’s take a look at its Factor Analysis scores:
CIE Automotive has recommended a final dividend of ₹7 per equity share for FY24. The company had previously announced a final dividend of ₹5 per equity share on June 13, 2024
CIE Automotive India is a leading auto components manufacturer with over 25 years of steady growth. Part of a global multi-technology group, it serves key customers across segments with capabilities in castings, forgings, and EV parts.
In Q4 FY25, the company delivered strong financial performance. With limited exposure to fuel-based vehicle parts and increasing EV orders, CIE continues to expand its order book while focusing on customer diversification, operational excellence, and sustainability.
Its current dividend yield is 1.20%. Over the past three years, this stock has given multibagger returns of over 120%.
Let’s take a look at its Factor Analysis scores:
Elantas Beck India has declared a final dividend of ₹7.50 per equity share. The company had previously announced a final dividend of ₹5 per equity share on April 30, 2024.
Elantas Beck is a leading manufacturer of specialty chemicals used in electrical insulation and construction, and a part of the global ALTANA Group. With over 60 years of operations in India, the company has maintained market leadership in liquid electrical insulating materials through continuous innovation and close customer collaboration.
Over the past three years, this stock has given multibagger returns of over 170%.
Let’s take a look at its Factor Analysis scores:
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