Balaji Amines Limited engages in the manufacture and sale of methylamines, ethylamines, and derivatives of specialty chemicals and pharma excipients in India. The company operates through three segments: Amines & Speciality Chemicals, Hotel, and CFL Lamps. It offers monomethylamine, dimethylamine, trimethylamine, monoethylamine, diethylamine, triethylamine, dimethyl and diethyl amino ethanol; and specialty chemicals, including N-methyl pyrrolidone, morpholine, 2-pyrrolidone, N-ethyl-2-pyrrolidone, gamma-butyrolactone, dimethylformamide, and acetonitrile. The company also provides derivatives comprising di-methyl acetamide, di-methyl amine hydrochloride, tri-methyl amine hydrochloride, di-ethyl amine hydrochloride, tri-ethyl amine hydrochloride, di-methyl urea, and choline chloride; and pharma excipients, such as poly vinyl pyrrolidone. It serves pharmaceutical, agrochemical, paint and resin, animal feed, oil and gas, rubber cleaning chemical, dye and textile, and water treatment chemical industries. In addition, the company operates Balaji Sarovar, a hotel in Solapur, Maharashtra; and manufactures and sells CFL lamps. It also exports its products to the United States, Europe, China, Turkey, Korea, Malaysia, Kuwait, and internationally. The company was incorporated in 1988 and is based in Hyderabad, India.
Balaji Amines Dividend Announcement
• Balaji Amines announced a annually dividend of ₹11.00 per ordinary share which will be made payable on 2024-08-10. Ex dividend date: 2024-07-04
• Balaji Amines annual dividend for 2024 was ₹11.00
• Balaji Amines annual dividend for 2023 was ₹10.00
• Balaji Amines's trailing twelve-month (TTM) dividend yield is 0.55%
• Balaji Amines's dividend growth over the last five years (2018-2023) was 30.92% year
• Balaji Amines's dividend growth over the last ten years (2013-2023) was 28.73% year
Balaji Amines Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | ₹11.00 | annually | 2024-08-10 |
2023-07-03 | ₹10.00 | annually | 2023-08-09 |
2022-06-20 | ₹6.00 | annually | 2022-07-29 |
2021-07-29 | ₹4.00 | annually | 2021-09-08 |
2020-07-30 | ₹0.60 | annually | 2020-09-07 |
2020-03-17 | ₹2.60 | annually | 2020-04-08 |
2019-07-17 | ₹2.80 | annually | 2019-08-25 |
2018-08-20 | ₹2.60 | annually | 2018-09-29 |
2017-07-20 | ₹2.20 | annually | 2017-08-30 |
2016-07-21 | ₹2.00 | annually | 2016-08-29 |
2015-09-15 | ₹1.20 | annually | 2015-10-23 |
2014-09-22 | ₹1.00 | annually | 2014-10-29 |
2013-09-23 | ₹0.80 | annually | 2013-10-30 |
Balaji Amines Dividend per year
Balaji Amines Dividend growth
Balaji Amines Dividend Yield
Balaji Amines current trailing twelve-month (TTM) dividend yield is 0.55%. Interested in purchasing Balaji Amines stock? Use our calculator to estimate your expected dividend yield:
Balaji Amines Financial Ratios
Balaji Amines Dividend FAQ
Other factors to consider when evaluating Balaji Amines 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: Balaji Amines'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, Balaji Amines 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, Balaji Amines 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 Balaji Amines 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: Balaji Amines 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, Balaji Amines distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Balaji Amines 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 Balaji Amines'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 Balaji Amines'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.