Apex Frozen Foods Limited engages in the farming, processing, production, and sale of shrimps. The company provides ready-to-cook white leg and black tiger shrimps, which include head on and whole, headless and shell-on, easy peel, peeled, and cooked peeled & deveined-tail-on, cooked in shell, dusted and breaded, par-fried, butterfly, skewered, seasoned, peeled and deveined-tail-on, peeled and un-deveined-tail-on, peeled and deveined-tail-off, peeled and un-deveined, and peeled and deveined shrimps, as well as shrimp rings. It offers ready-to-cook products under Bay Fresh, Bay Harvest, and Bay Premium brand names to food companies, retail chains, restaurants, club stores, and distributors. The company exports its products to the United States, the European Union, and China. Apex Frozen Foods Limited was founded in 1995 and is based in Kakinada, India.
Apex Frozen Foods Dividend Announcement
• Apex Frozen Foods announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-20
• Apex Frozen Foods annual dividend for 2024 was ₹2.00
• Apex Frozen Foods annual dividend for 2023 was ₹2.50
• Apex Frozen Foods's trailing twelve-month (TTM) dividend yield is 0.78%
• Apex Frozen Foods's dividend growth over the last five years (2018-2023) was 4.56% year
Apex Frozen Foods Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹2.00 | annually | 2024-10-26 |
2023-09-22 | ₹2.50 | annually | 2023-10-30 |
2022-07-14 | ₹2.50 | annually | 2022-08-22 |
2021-09-14 | ₹2.00 | annually | 2021-10-21 |
2020-03-19 | ₹2.00 | annually | 2020-04-13 |
2019-09-11 | ₹2.00 | annually | 2019-10-19 |
2018-09-12 | ₹2.00 | annually | 2018-10-22 |
Apex Frozen Foods Dividend per year
Apex Frozen Foods Dividend growth
Apex Frozen Foods Dividend Yield
Apex Frozen Foods current trailing twelve-month (TTM) dividend yield is 0.78%. Interested in purchasing Apex Frozen Foods stock? Use our calculator to estimate your expected dividend yield:
Apex Frozen Foods Financial Ratios
Apex Frozen Foods Dividend FAQ
Other factors to consider when evaluating Apex Frozen Foods 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: Apex Frozen Foods'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, Apex Frozen Foods 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, Apex Frozen Foods 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 Apex Frozen Foods 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: Apex Frozen Foods 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, Apex Frozen Foods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Apex Frozen Foods 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 Apex Frozen Foods'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 Apex Frozen Foods'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.