Archean Chemical Industries Limited manufactures and sells specialty marine chemicals in India and internationally. It offers bromine for use in pharmaceuticals, agrochemicals, water treatment products, flame retardants, additives, oil and gas industry, and energy storage batteries; industrial salt, a raw material for use in chemical industry for production of sodium carbonate, caustic soda, hydrochloric acid, chlorine, bleaching powders, chlorates, sodium sulphate, and sodium metal; and sulphate of potash for use as a fertilizer, as well as for medical uses. The company was founded in 2003 and is based in Chennai, India.
Archean Chemical Industries Dividend Announcement
• Archean Chemical Industries announced a semi annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-07-28. Ex dividend date: 2024-06-21
• Archean Chemical Industries annual dividend for 2024 was ₹2.00
• Archean Chemical Industries annual dividend for 2023 was ₹3.50
• Archean Chemical Industries's trailing twelve-month (TTM) dividend yield is 0.46%
Archean Chemical Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | ₹1.00 | semi annually | 2024-07-28 |
2024-02-14 | ₹1.00 | semi annually | |
2023-11-17 | ₹1.00 | semi annually | 2023-11-30 |
2023-07-21 | ₹2.50 | semi annually | 2023-07-31 |
Archean Chemical Industries Dividend per year
Archean Chemical Industries Dividend Yield
Archean Chemical Industries current trailing twelve-month (TTM) dividend yield is 0.46%. Interested in purchasing Archean Chemical Industries stock? Use our calculator to estimate your expected dividend yield:
Archean Chemical Industries Financial Ratios
Archean Chemical Industries Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Place an order: Use the brokerage's trading platform to place an order to buy Archean Chemical Industries 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.