Ambuja Cements Limited, together with its subsidiaries, manufactures and markets cement and cement related products to individual homebuilders, masons and contractors, and architects and engineers in India. The company offers Portland pozzolana cement and ordinary Portland cement, as well as temperature resistant concrete blocks, Blaine Portland cement, and micro materials. It sells its products through dealers, authorized retail stockiest, retailers, and authorized sales representatives. The company was formerly known as Gujarat Ambuja Cements Limited and changed its name to Ambuja Cements Limited in April 2007. The company was incorporated in 1981 and is based in Mumbai, India. Ambuja Cements Limited operates as a subsidiary of Holderind Investments Ltd.
Ambuja Cements Dividend Announcement
• Ambuja Cements announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-06-14
• Ambuja Cements annual dividend for 2024 was ₹2.00
• Ambuja Cements annual dividend for 2023 was ₹2.50
• Ambuja Cements's trailing twelve-month (TTM) dividend yield is 0.35%
• Ambuja Cements's dividend growth over the last five years (2018-2023) was 4.56% year
• Ambuja Cements's dividend growth over the last ten years (2013-2023) was -3.58% year
Ambuja Cements Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ₹2.00 | annually | 2024-07-26 |
2023-07-07 | ₹2.50 | annually | 2023-07-25 |
2022-03-30 | ₹6.30 | annually | 2022-05-29 |
2021-03-19 | ₹1.00 | annually | 2021-05-09 |
2020-11-05 | ₹17.00 | annually | 2020-11-19 |
2020-05-19 | ₹1.50 | annually | 2020-06-11 |
2020-04-03 | ₹1.50 | annually | |
2019-02-27 | ₹1.50 | annually | 2019-04-28 |
2018-04-05 | ₹2.00 | annually | 2018-07-15 |
2017-08-02 | ₹1.60 | annually | 2017-08-23 |
2017-03-16 | ₹1.20 | annually | 2017-04-30 |
2016-08-02 | ₹1.60 | annually | 2016-08-11 |
2016-02-22 | ₹1.20 | annually | 2016-05-14 |
2015-03-02 | ₹3.20 | annually | 2015-05-08 |
2014-07-30 | ₹1.80 | annually | 2014-08-23 |
2014-02-12 | ₹2.20 | annually | 2014-05-01 |
2013-07-30 | ₹1.40 | annually | 2013-08-23 |
2013-02-18 | ₹2.20 | annually | 2013-05-03 |
Ambuja Cements Dividend per year
Ambuja Cements Dividend growth
Ambuja Cements Dividend Yield
Ambuja Cements current trailing twelve-month (TTM) dividend yield is 0.35%. Interested in purchasing Ambuja Cements stock? Use our calculator to estimate your expected dividend yield:
Ambuja Cements Financial Ratios
Ambuja Cements Dividend FAQ
Other factors to consider when evaluating Ambuja Cements 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: Ambuja Cements'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, Ambuja Cements 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, Ambuja Cements 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 Ambuja Cements 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: Ambuja Cements 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, Ambuja Cements distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ambuja Cements 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 Ambuja Cements'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 Ambuja Cements'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.