The Andhra Sugars Limited, together with its subsidiaries, manufactures and sells sugar, and organic and inorganic chemicals in India. The company operates through Sugars, Chlor Alkali, Power Generation, Industrial Chemicals, and Others segments. It offers chemicals and fertilizers, including caustic potash, caustic soda, ethanol, hydrochloric acid, hydrogen gas, liquid chlorine, poly aluminum chloride, potassium carbonate, industrial alcohol, sodium hypochlorite, sulphuric acid, and super phosphate. The company also provides aspirin products, including salicylic acids, sodium salicylate, and aspirin starch granules, as well as aspirin IP, USP, and BP products. In addition, it offers soaps, fatty acids, acetic acids, liquid propellants, bulk drugs, edible oils, transportation receipts, etc.; and liquid hydrogen, UH 25 and MMH, and HTPB products. Further, the company engages in power generation through wind and solar resources. The company also exports its products. The Andhra Sugars Limited was incorporated in 1947 and is based in Tanuku, India.
Andhra Sugars Dividend Announcement
• Andhra Sugars announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-09-17
• Andhra Sugars annual dividend for 2024 was ₹1.00
• Andhra Sugars annual dividend for 2023 was ₹2.00
• Andhra Sugars's trailing twelve-month (TTM) dividend yield is 1.0%
• Andhra Sugars's dividend growth over the last five years (2018-2023) was -47.47% year
• Andhra Sugars's dividend growth over the last ten years (2013-2023) was -10.40% year
Andhra Sugars Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ₹1.00 | annually | 2024-10-21 |
2023-09-15 | ₹2.00 | annually | 2023-10-25 |
2022-09-15 | ₹2.00 | annually | 2022-10-26 |
2021-09-15 | ₹50.00 | annually | 2021-10-23 |
2020-03-19 | ₹20.00 | annually | 2020-03-26 |
2019-09-12 | ₹50.00 | annually | 2019-10-05 |
2018-09-12 | ₹50.00 | annually | 2018-10-26 |
2017-09-12 | ₹10.00 | annually | 2017-10-23 |
2016-03-22 | ₹5.00 | annually | 2016-03-28 |
2015-09-14 | ₹3.00 | annually | 2015-10-26 |
2014-08-27 | ₹5.00 | annually | 2014-10-10 |
2013-08-14 | ₹6.00 | annually | 2013-09-25 |
Andhra Sugars Dividend per year
Andhra Sugars Dividend growth
Andhra Sugars Dividend Yield
Andhra Sugars current trailing twelve-month (TTM) dividend yield is 1.0%. Interested in purchasing Andhra Sugars stock? Use our calculator to estimate your expected dividend yield:
Andhra Sugars Financial Ratios
Andhra Sugars Dividend FAQ
Other factors to consider when evaluating Andhra Sugars 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: Andhra Sugars'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 Sugars 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 Sugars 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 Sugars 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 Sugars 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 Sugars 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 Sugars 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 Sugars'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 Sugars'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.