Andhra Paper Limited manufactures, sells, and exports paper and pulp products in India and internationally. The company offers writing, printing, copier, and specialty paper products; paperboards; and cut-size paper products, such as office documentation and multipurpose sheets. Its products are used in account books, annual reports, bills, blade wrapping, book printing, brochures, calendars, cash books, challans, children books, computer forms, covers, diaries, envelopes, files/folders, foil laminates, forms, greeting cards, inkjet printing, invoices, carry bags, variable data printing, journals, labels, leaflets, lottery and laser printing, magazine covers, magazines, notebooks, novels, pamphlets, paper cups, picture posters, plotter rolls, photocopying, soap wrappers, stationery, textbooks, tickets, wedding cards, writing pads, and pizza boxes with inner liners, as well as base paper for chromos/art papers/artboards, and pharma inserts. The company was formerly known as International Paper APPM Limited and changed its name to Andhra Paper Limited in January 2020. The company was incorporated in 1964 and is based in Andhra Pradesh, India. Andhra Paper Limited is a subsidiary of West Coast Paper Mills Limited.
Andhra Paper Dividend Announcement
• Andhra Paper announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-09-11. Ex dividend date: 2024-08-05
• Andhra Paper annual dividend for 2024 was ₹10.00
• Andhra Paper annual dividend for 2023 was ₹12.50
• Andhra Paper's trailing twelve-month (TTM) dividend yield is 1.95%
Andhra Paper Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-05 | ₹10.00 | annually | 2024-09-11 |
2023-08-04 | ₹12.50 | annually | 2023-09-10 |
2022-08-04 | ₹7.50 | annually | 2022-09-11 |
2021-07-29 | ₹5.00 | annually | 2021-09-11 |
2011-08-29 | ₹1.00 | annually | 2011-10-10 |
2010-06-17 | ₹1.00 | annually | 2010-07-26 |
2009-08-14 | ₹0.50 | annually | 2009-10-10 |
2008-05-28 | ₹1.00 | annually | 2008-10-08 |
2007-07-13 | ₹1.00 | annually | 2007-08-01 |
2006-07-12 | ₹2.00 | annually | 2006-10-10 |
2005-06-22 | ₹1.63 | annually | 2005-07-14 |
Andhra Paper Dividend per year
Andhra Paper Dividend growth
Andhra Paper Dividend Yield
Andhra Paper current trailing twelve-month (TTM) dividend yield is 1.95%. Interested in purchasing Andhra Paper stock? Use our calculator to estimate your expected dividend yield:
Andhra Paper Financial Ratios
Andhra Paper Dividend FAQ
Other factors to consider when evaluating Andhra Paper 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.
Place an order: Use the brokerage's trading platform to place an order to buy Andhra Paper stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Andhra Paper'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, Andhra Paper 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, Andhra Paper 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 Andhra Paper 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: Andhra Paper 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, Andhra Paper distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Andhra Paper 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 Andhra Paper'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 Andhra Paper'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.