Akzo Nobel India Limited manufactures, distributes, and sells paints and coatings in India and internationally. It offers marine and protective, powder, industrial, and automotive and specialty coatings; paints, varnishes, enamels, lacquers, and emulsions for interior, exterior, and wood care applications, as well as for institutions/builders; and waterproofing paint products. The company's products are used in oil and gas, power, infrastructure, and wind energy projects; architecture, and functional and domestic appliances; vehicle refinishes business; packaging industry, including food, caps and closures, and beer and beverages; and roofing, building, aluminum composite panels, and domestic appliance sectors. It offers its products primarily under the Dulux, Sikkens, International, and Interpon brands. The company was formerly known as ICI India Limited and changed its name to Akzo Nobel India Limited in February 2010. Akzo Nobel India Limited was founded in 1911 and is based in Gurugram, India. Akzo Nobel India Limited is a subsidiary of Akzo Nobel N.V.
Akzo Nobel India Dividend Announcement
• Akzo Nobel India announced a quarterly dividend of ₹70.00 per ordinary share which will be made payable on 2024-12-07. Ex dividend date: 2024-11-19
• Akzo Nobel India annual dividend for 2024 was ₹145.00
• Akzo Nobel India annual dividend for 2023 was ₹65.00
• Akzo Nobel India's trailing twelve-month (TTM) dividend yield is 4.04%
• Akzo Nobel India's dividend growth over the last five years (2018-2023) was 24.19% year
• Akzo Nobel India's dividend growth over the last ten years (2013-2023) was 0.80% year
Akzo Nobel India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-19 | ₹70.00 | quarterly | 2024-12-07 |
2024-07-25 | ₹25.00 | quarterly | 2024-08-31 |
2024-02-16 | ₹50.00 | quarterly | 2024-03-07 |
2023-07-27 | ₹40.00 | quarterly | 2023-09-02 |
2023-02-21 | ₹25.00 | quarterly | 2023-03-11 |
2022-07-28 | ₹35.00 | quarterly | 2022-09-04 |
2022-02-22 | ₹40.00 | quarterly | 2022-03-13 |
2021-08-05 | ₹30.00 | quarterly | 2021-09-12 |
2021-02-17 | ₹20.00 | quarterly | 2021-03-11 |
2020-08-20 | ₹14.00 | quarterly | 2020-09-27 |
2019-07-31 | ₹24.00 | quarterly | 2019-08-22 |
2018-07-25 | ₹22.00 | quarterly | 2018-08-20 |
2017-08-04 | ₹22.00 | quarterly | 2017-08-30 |
2016-07-19 | ₹20.00 | quarterly | 2016-08-25 |
2015-08-06 | ₹20.00 | quarterly | 2015-08-28 |
2014-07-30 | ₹15.00 | quarterly | 2014-09-10 |
2013-07-30 | ₹60.00 | quarterly | 2013-09-07 |
Akzo Nobel India Dividend per year
Akzo Nobel India Dividend growth
Akzo Nobel India Dividend Yield
Akzo Nobel India current trailing twelve-month (TTM) dividend yield is 4.04%. Interested in purchasing Akzo Nobel India stock? Use our calculator to estimate your expected dividend yield:
Akzo Nobel India Financial Ratios
Akzo Nobel India Dividend FAQ
Other factors to consider when evaluating Akzo Nobel India 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: Akzo Nobel India'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, Akzo Nobel India 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, Akzo Nobel India 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 Akzo Nobel India 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: Akzo Nobel India 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, Akzo Nobel India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Akzo Nobel India 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 Akzo Nobel India'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 Akzo Nobel India'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.