Advanced Enzyme Technologies Limited researches and develops, manufactures, and markets enzymes and probiotics in India, the United States, Asia, Europe, and internationally. The company offers enzymes for human healthcare and animal nutrition, fruit and vegetable processing, baking, brewing, and malting, and grain processing, protein modification, yeast processing, dairy and cheese processing, and oils and fats processing, as well as for specialty applications. It also provides non-food processing enzymes for textile processing, leather, pulp and paper, detergents and cleaning aids, bio-fuels, and biocatalysis. The company was formerly known as Advanced Biochemicals Limited and changed its name to Advanced Enzyme Technologies Limited in 2005. Advanced Enzyme Technologies Limited was founded in 1957 and is based in Thane, India.
Advanced Enzyme Technologies Dividend Announcement
• Advanced Enzyme Technologies announced a semi annually dividend of ₹1.10 per ordinary share which will be made payable on 2024-08-24. Ex dividend date: 2024-07-18
• Advanced Enzyme Technologies annual dividend for 2024 was ₹5.10
• Advanced Enzyme Technologies annual dividend for 2023 was ₹5.00
• Advanced Enzyme Technologies's trailing twelve-month (TTM) dividend yield is 1.07%
• Advanced Enzyme Technologies's dividend growth over the last five years (2018-2023) was 58.49% year
Advanced Enzyme Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ₹1.10 | semi annually | 2024-08-24 |
2024-05-17 | ₹4.00 | semi annually | 2024-06-05 |
2023-08-04 | ₹1.00 | semi annually | 2023-09-11 |
2023-05-19 | ₹4.00 | semi annually | 2023-06-11 |
2022-08-11 | ₹1.00 | semi annually | 2022-09-18 |
2021-08-31 | ₹0.90 | semi annually | 2021-10-08 |
2020-07-09 | ₹0.60 | semi annually | 2020-08-14 |
2019-08-01 | ₹0.60 | semi annually | 2019-09-07 |
2018-09-06 | ₹0.50 | semi annually | 2018-10-14 |
2017-09-04 | ₹0.40 | semi annually | 2017-09-30 |
Advanced Enzyme Technologies Dividend per year
Advanced Enzyme Technologies Dividend growth
Advanced Enzyme Technologies Dividend Yield
Advanced Enzyme Technologies current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing Advanced Enzyme Technologies stock? Use our calculator to estimate your expected dividend yield:
Advanced Enzyme Technologies Financial Ratios
Advanced Enzyme Technologies Dividend FAQ
Other factors to consider when evaluating Advanced Enzyme Technologies 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: Advanced Enzyme Technologies'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, Advanced Enzyme Technologies 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, Advanced Enzyme Technologies 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 Advanced Enzyme Technologies 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: Advanced Enzyme Technologies 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, Advanced Enzyme Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Advanced Enzyme Technologies 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 Advanced Enzyme Technologies'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 Advanced Enzyme Technologies'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.