Alps Industries Limited, together with its subsidiaries, engages in the manufacture and sale of home furnishings, fashion accessories, and yarns in India and internationally. The company offers various yarn products, including open end, carded and combed grey single, compact, organic cotton, fair trade and USA cotton, contamination free, slub, core spun lycra, reverse and zero twist, dyed, organic dyed, recycled cotton, and recycled polyester yarns. It also provides home textiles, such as drapery, upholstery, blackouts, duvet sets, bed covers and sheets, quilts, pillows, cushion covers, curtains, and table linens; cashmere, sheer, and aromatic shawls, scarves, mufflers, stoles, wraps, and other fashion accessories; and fabrics for upholstery, including office furniture and automobile seats. In addition, the company offers automotive/technical textiles; and bedding, windows dressings, decorative pillows and accents, and kitchen linen products. Alps Industries Limited was founded in 1962 and is based in Ghaziabad, India.
Alps Industries Dividend Announcement
• Alps Industries announced a annually dividend of ₹0.50 per ordinary share which will be made payable on . Ex dividend date: 2008-09-22
• Alps Industries's trailing twelve-month (TTM) dividend yield is -%
Alps Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2008-09-22 | ₹0.50 | annually | |
2007-09-24 | ₹0.75 | annually | 2007-11-01 |
2006-09-22 | ₹1.50 | annually | 2006-10-11 |
2005-09-26 | ₹1.50 | annually | 2005-10-13 |
2004-09-24 | ₹0.50 | annually | 2004-10-13 |
2003-09-22 | ₹0.50 | annually | 2003-10-09 |
2002-09-20 | ₹0.50 | annually | 2002-10-10 |
Alps Industries Dividend per year
Alps Industries Dividend growth
Alps Industries Dividend Yield
Alps Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Alps Industries stock? Use our calculator to estimate your expected dividend yield:
Alps Industries Financial Ratios
Alps Industries Dividend FAQ
Other factors to consider when evaluating Alps Industries 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: Alps Industries'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, Alps Industries 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, Alps Industries 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 Alps Industries 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: Alps Industries 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, Alps Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alps Industries 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 Alps Industries'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 Alps Industries'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.