Around the world, the WABAG name stands for innovative and successful solutions in the water engineering sector. As an internationally respected expert group, we act as a systems specialist and full service provider with a focus on the planning, installation and operation of drinking and wastewater plants for local government and industry in the growth markets of Asia, Africa, Middle East, South East Asia, the Central and Eastern Europe states.
The WABAG Group represents a leading multinational player with a workforce of over 2,000 and has companies and offices in over 30 countries. It possesses unique technological know-how, based on innovative, patented technologies and long-term experience.
In the last three decades, WABAG has completed over 2300 water and wastewater plants worldwide. Through the conservation and ecological use of the world’s most valuable resource, WABAG has made a sustained contribution to the improvement in the quality of life of well over a hundred million people. WABAG is thus one of the world’s leading partners for investments in a future that is worth living.
Further, WABAG’s shares were split from a face value of Rs. 5/share to a face value of Rs. 2/share. The record date for this split was August 17, 2011.
WABAG issued a 1:1 Bonus in FY 15. The record date for this Bonus issue was March 27, 2015.
Currently, WABAG pays dividends to its shareholders. Though WABAG does not have a stated dividend policy, the Company has been paying consistent dividends since IPO. WABAG’s dividends for the previous years are as follows.
| 2011 | 2012 | 2013 | 2014 | 2015* |
Dividend payout | 19% | 21% | 21% | 19% | 20% |
Dividend | 300% | 300% | 350% | 400% | 200% |
* Post 1:1 bonus issue. DECLARED?
The Dividend is recommended by the Board in the month of May along with the adoption of annual results. The final dividend is subject to the approval of shareholders at the Annual General Meeting (AGM).
The AGM for FY 2014-15 was held on July 27, 2015 in Chennai.
Yes. The company periodically organizes Investor meet / Analyst meet. The last Investor meet / Analyst meet was held on Feb 10, 2014 in Mumbai.
Yes. WABAG follows silent periods prior to its earnings release every quarter. During the silent period, the company or any of its officials will not discuss earnings expectations with any external parties. It starts 15 days prior to the date of Board Meeting in which the earnings are going to be released, and ends after the release of financial results.
For any queries please write to investors@wabag.in
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