ACC Limited manufactures and sells cement and ready-mix concrete in India. The company provides ordinary Portland cement; blended cement, including Portland Pozzolana cement, Portland slag cement, and composite cement; gold and silver range of cement; ready mixed concrete value-added products; and bulk cement. It also offers construction chemicals, such as ACC LeakBlock, a polymer-based integral waterproofing compound used in various types of cement mortar, plasters, and concrete; ACC LeakBlock WaterProof Plaster - LB 101, a ready-to-use cementitious waterproof mortar for internal and external plaster applications; and tile adhesives. In addition, the company provides EcoPact, a concrete with lower embodied carbon content for various structural components applications comprising foundations, columns, beams, external or internal walls, driveways, walkways, etc. It distributes its products through a network of dealers, retailers, engineers, and architects. The company was formerly known as The Associated Cement Companies Limited and changed its name to ACC Limited in September 2006. ACC Limited was incorporated in 1936 and is headquartered in Mumbai, India. ACC Limited is a subsidiary of Ambuja Cements Limited.
ACC Dividend Announcement
• ACC announced a annually dividend of ₹7.50 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-06-14
• ACC annual dividend for 2024 was ₹7.50
• ACC annual dividend for 2023 was ₹9.25
• ACC's trailing twelve-month (TTM) dividend yield is 0.33%
• ACC's dividend growth over the last five years (2018-2023) was -9.22% year
• ACC's dividend growth over the last ten years (2013-2023) was -11.10% year
ACC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ₹7.50 | annually | 2024-07-26 |
2023-07-07 | ₹9.25 | annually | 2023-07-15 |
2022-04-04 | ₹58.00 | annually | 2022-05-21 |
2021-03-30 | ₹14.00 | annually | 2021-05-07 |
2020-05-19 | ₹14.00 | annually | 2020-06-11 |
2020-03-27 | ₹14.00 | annually | |
2019-03-05 | ₹14.00 | annually | 2019-04-21 |
2018-05-17 | ₹15.00 | annually | 2018-07-13 |
2017-07-25 | ₹11.00 | annually | 2017-08-16 |
2017-03-16 | ₹6.00 | annually | 2017-04-28 |
2016-08-02 | ₹11.00 | annually | 2016-08-11 |
2016-02-22 | ₹6.00 | annually | 2016-05-13 |
2015-07-22 | ₹11.00 | annually | 2015-08-16 |
2015-03-12 | ₹19.00 | annually | 2015-04-19 |
2014-07-28 | ₹15.00 | annually | 2014-08-23 |
2014-03-24 | ₹19.00 | annually | 2014-04-15 |
2013-07-30 | ₹11.00 | annually | 2013-08-24 |
2013-03-21 | ₹19.00 | annually | 2013-05-05 |
ACC Dividend per year
ACC Dividend growth
ACC Dividend Yield
ACC current trailing twelve-month (TTM) dividend yield is 0.33%. Interested in purchasing ACC stock? Use our calculator to estimate your expected dividend yield:
ACC Financial Ratios
ACC Dividend FAQ
Other factors to consider when evaluating ACC as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: ACC's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, ACC publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, ACC distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from ACC are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: ACC sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, ACC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ACC declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of ACC's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review ACC's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.