Astral Limited, together with its subsidiaries, manufactures and markets pipes, water tanks, and adhesives and sealants in India and internationally. The company operates in Plastic and Adhesives segments. It offers chlorinated poly vinyl chloride (CPVC) and plumbing systems under the Astral CPVC Pro, Astral Pex-a PRO, Astral MultiPro, Astral EcoPro, and Astral Aquarius names for residential and industrial applications. It also provides ASTRAL Silencio low noise system; Astral DrainMaster, a drainage system; ASTRAL Foamcore pipes for underground systems; ASTRAL DrainHulk manhole drainage chambers; ASTRAL Underground drainage systems; and D-Rex double walled corrugated pipes. In addition, the company offers ASTRAL Chem PRO industrial piping systems; and Aquarius Plus uPVC industrial piping systems. Further, it provides Pre-StiRex and Plus + StiRex ducts for post-tensioning of bridges; Bore-Well column pipes, Case-Well uPVC casing pipes, Aquasafe agriculture pressure pipes, and GeoRex s perforated sub-surface drainage for agriculture; ASTRAL high density poly ethylene pipes; Astral Fire Pro, a CPVC piping system for fire sprinklers; water tanks under the Opta, Cleo, Vito, Sylo, and Sarita brand names; and surface drainage systems under the Astral Hauraton brand name. Additionally, the company offers Astral MultiRex polyolefin cable channels; Astral Wire Guard conduit pipes; and Astral TeleRex pipes for cable protection. It also offers ancillary products, including clamps and hangers for pipes and cables; Astral INSUPro XLPE insulation for piping; and air admittance valve, basin traps, and back flow preventer valve. The company was formerly known as Astral Poly Technik Limited and changed its name to Astral Limited in April 2021. Astral Limited was incorporated in 1996 and is based in Ahmedabad, India.
Astral Dividend Announcement
• Astral announced a semi annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-12-07. Ex dividend date: 2024-11-14
• Astral annual dividend for 2024 was ₹3.75
• Astral annual dividend for 2023 was ₹3.75
• Astral's trailing twelve-month (TTM) dividend yield is 0.2%
• Astral's dividend growth over the last five years (2018-2023) was 41.98% year
• Astral's dividend growth over the last ten years (2013-2023) was 16.00% year
Astral Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-14 | ₹1.50 | semi annually | 2024-12-07 |
| 2024-08-16 | ₹2.25 | semi annually | 2024-09-22 |
| 2023-10-27 | ₹1.50 | semi annually | 2023-11-17 |
| 2023-08-04 | ₹2.25 | semi annually | 2023-09-10 |
| 2022-11-18 | ₹1.25 | semi annually | 2022-12-11 |
| 2022-08-19 | ₹1.75 | semi annually | 2022-09-28 |
| 2021-11-17 | ₹1.25 | semi annually | 2021-12-11 |
| 2021-08-23 | ₹1.00 | semi annually | 2021-09-30 |
| 2020-11-12 | ₹1.00 | semi annually | 2020-12-06 |
| 2020-02-17 | ₹0.60 | semi annually | 2020-02-29 |
| 2019-10-31 | ₹0.40 | semi annually | 2019-11-15 |
| 2019-07-25 | ₹0.40 | semi annually | 2019-09-01 |
| 2018-11-20 | ₹0.30 | semi annually | 2018-12-05 |
| 2018-08-14 | ₹0.35 | semi annually | 2018-09-24 |
| 2017-11-20 | ₹0.25 | semi annually | 2017-11-30 |
| 2017-07-31 | ₹0.30 | semi annually | 2017-09-07 |
| 2016-11-24 | ₹0.20 | semi annually | 2016-12-10 |
| 2016-03-17 | ₹0.25 | semi annually | 2016-03-31 |
| 2015-11-09 | ₹0.15 | semi annually | 2015-11-30 |
| 2015-08-03 | ₹0.23 | semi annually | 2015-09-10 |
| 2014-11-05 | ₹0.15 | semi annually | 2014-11-26 |
| 2014-08-13 | ₹0.40 | semi annually | 2014-09-24 |
| 2013-11-13 | ₹0.25 | semi annually | 2013-12-01 |
| 2013-07-23 | ₹0.60 | semi annually | 2013-09-04 |
Astral Dividend per year
Astral Dividend growth
Astral Dividend Yield
Astral current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing Astral stock? Use our calculator to estimate your expected dividend yield:
Astral Financial Ratios
P/E ratio93.64
PEG ratio-1.76
P/B ratio14.61
ROE16.27%
Payout ratio0.00%
Current ratio1.80
Quick ratio0.76
Cash Ratio0.33
Astral Dividend FAQ
How much is the next Astral dividend?
Astral's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Astral dividend. The next Astral dividend will be released in August, or October.
When is Astral dividend paid?
Astral pays dividends on a semi annually basis. The specific dates may vary each year but are generally around August, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Astral pay?
The specific amount of Astral dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Astral's dividend history.
Does Astral stock pay dividends?
Yes, Astral does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Astral's dividend history.
How much dividend does Astral pay?
Astral paid ₹3.75 in 2024, ₹3.75 in 2023, ₹3.0 in 2022, ₹2.25 in 2021, and ₹1.6 in 2020.
How often does Astral pay dividends?
Astral typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around August, and October.
What is Astral's dividend yield?
The current dividend yield for Astral is 0.2%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Astral's exact dividend yield.
When does Astral go ex dividend?
Astral's ex-dividend date for the latest dividend was on 2024-11-14. Astral typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Astral dividend paid?
Astral pays dividends on a semi annually basis, typically around August, or October, but the exact dates can vary each year.
Will Astral increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Astral will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Astral dividend per share?
Astral paid ₹3.75 per share in 2024 and ₹3.75 per share in 2023. The amount of dividend per share that Astral pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Astral a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Astral a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Astral a dividend stock?
Yes, Astral is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Astral a good dividend stock?
Whether Astral is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Astral has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Astral 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.
Other factors to consider when evaluating Astral 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.
Does Astral pay dividends monthly?
Astral typically pays dividends on a semi annually basis.
Does Astral pay dividends quarterly?
Astral currently pays dividends on a semi annually basis.
Has Astral ever paid a dividend?
Yes, Astral has a history of paying dividends to its shareholders. Astral is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Astral dividend stocks?
To buy Astral you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Astral 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.
Place an order: Use the brokerage's trading platform to place an order to buy Astral 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.
When does Astral pay dividends 2024?
Astral pays dividends on a semi annually basis. 2024 dividend payments are in 2024-12-07. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Astral increase its dividend in 2024?
Decisions regarding Astral dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Astral dividend overview you can look into the above table of dividend history.
How Astral dividend works?
The Astral dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Astral's dividend process works:
1. Determination of Dividend: Astral'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, Astral 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, Astral 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 Astral 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. Determination of Dividend: Astral'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, Astral 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, Astral 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 Astral 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.
How are Astral dividends paid?
Astral dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Astral 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, Astral distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Astral 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.
1. Record Date: Astral 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, Astral distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Astral 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.
How many times does Astral pay dividends?
Astral typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Astral pay dividends?
The general pattern is that Astral pays dividends around August, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Astral dividend safe?
The safety of Astral's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Astral'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 Astral'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.
To assess the safety of Astral'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 Astral'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.