Alembic Limited engages in the manufacturing and marketing of fermentation and chemistry based active pharmaceuticals ingredients (API). It operates through API and Real Estate segments. The company is also involved in the construction of residential and commercial real estate projects; provision of project management and marketing consultancy services; and leasing of commercial properties. In addition, it operates co-generation plants with a total capacity of 11 MW; and wind power plants with a total capacity of 5 MW. The company also exports its products. Alembic Limited was founded in 1907 and is based in Vadodara, India. Alembic Limited is a subsidiary of Nirayu Limited.
Alembic Dividend Announcement
• Alembic announced a annually dividend of ₹2.40 per ordinary share which will be made payable on 2024-09-11. Ex dividend date: 2024-08-05
• Alembic annual dividend for 2024 was ₹2.40
• Alembic annual dividend for 2023 was ₹2.20
• Alembic's trailing twelve-month (TTM) dividend yield is 1.75%
• Alembic's dividend growth over the last five years (2018-2023) was 61.54% year
• Alembic's dividend growth over the last ten years (2013-2023) was 27.10% year
Alembic Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-05 | ₹2.40 | annually | 2024-09-11 |
2023-08-03 | ₹2.20 | annually | 2023-09-09 |
2022-09-12 | ₹1.80 | annually | 2022-09-23 |
2021-07-29 | ₹0.20 | annually | 2021-08-10 |
2020-07-29 | ₹0.60 | annually | 2020-08-11 |
2019-09-18 | ₹0.20 | annually | 2019-10-27 |
2018-07-27 | ₹0.20 | annually | 2018-08-10 |
2017-07-19 | ₹0.20 | annually | 2017-08-03 |
2016-08-01 | ₹0.15 | annually | |
2015-08-03 | ₹0.15 | annually | 2015-09-11 |
2014-08-04 | ₹0.15 | annually | 2014-09-12 |
2013-08-26 | ₹0.20 | annually | 2013-10-06 |
Alembic Dividend per year
Alembic Dividend growth
Alembic Dividend Yield
Alembic current trailing twelve-month (TTM) dividend yield is 1.75%. Interested in purchasing Alembic stock? Use our calculator to estimate your expected dividend yield:
Alembic Financial Ratios
Alembic Dividend FAQ
Other factors to consider when evaluating Alembic 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: Alembic'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, Alembic 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, Alembic 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 Alembic 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: Alembic 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, Alembic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alembic 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 Alembic'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 Alembic'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.