Aspinwall and Company Limited, a multi-line business organization, engages in coffee processing and trading, rubber plantation, natural fiber, and shipping and logistics businesses in India, the Americas, Europe, and internationally. The company's Coffee division is involved in the plantation, processing, trading, and export of coffee. Its Plantation division owns and manages approximately 2,200 acres of rubber plantations, as well as produces centrifuged latex and technically specified natural rubber. The company's Natural Fibre division produces entrance and corridor mats, carpets, mattings, rugs, runners, and mesh mattings; PVC and rubber-backed natural fiber products, and jute floor-coverings and furnishings, as well as supplies natural fiber geotextiles, which are used in environment engineering to prevent soil erosion; and coir pith, which is used in horticulture to grow plants. Its Logistics division provides liner, custom house agency, freight forwarding, air and bulk cargo, ship agency, stevedoring, warehousing, and project and over-dimensional cargo handling services. The Company's was founded in 1867 and is headquartered in Mangalore, India.
Aspinwall Dividend Announcement
• Aspinwall announced a annually dividend of ₹6.00 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-07-18
• Aspinwall annual dividend for 2024 was ₹6.00
• Aspinwall annual dividend for 2023 was ₹6.00
• Aspinwall's trailing twelve-month (TTM) dividend yield is 1.9%
• Aspinwall's dividend growth over the last five years (2018-2023) was 11.38% year
Aspinwall Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ₹6.00 | annually | 2024-07-18 |
2023-07-20 | ₹6.00 | annually | 2023-07-28 |
2022-08-02 | ₹6.00 | annually | 2022-09-09 |
2021-08-17 | ₹3.50 | annually | 2021-08-27 |
2020-03-18 | ₹2.50 | annually | 2020-04-10 |
2019-07-31 | ₹3.00 | annually | 2019-09-05 |
2018-07-26 | ₹3.50 | annually | 2018-08-27 |
2017-07-27 | ₹3.00 | annually | 2017-08-29 |
Aspinwall Dividend per year
Aspinwall Dividend growth
Aspinwall Dividend Yield
Aspinwall current trailing twelve-month (TTM) dividend yield is 1.9%. Interested in purchasing Aspinwall stock? Use our calculator to estimate your expected dividend yield:
Aspinwall Financial Ratios
Aspinwall Dividend FAQ
Other factors to consider when evaluating Aspinwall 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: Aspinwall'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, Aspinwall 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, Aspinwall 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 Aspinwall 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: Aspinwall 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, Aspinwall distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Aspinwall 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 Aspinwall'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 Aspinwall'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.