Balrampur Chini Mills (BALRAMCHIN.NS) Dividend: History, Dates & Yield - 2024
Dividend History
Balrampur Chini Mills announced a semi annually dividend of ₹3.00 per ordinary share, payable on 2024-12-11, with an ex-dividend date of 2024-11-25. Balrampur Chini Mills typically pays dividends two times a year, compared to ₹3.00 in 2024.
Find details on Balrampur Chini Mills's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-25 | ₹3.00 | semi annually | 2024-12-11 |
2023-11-20 | ₹3.00 | semi annually | 2023-12-07 |
2023-02-22 | ₹2.50 | semi annually | 2023-03-06 |
2022-02-11 | ₹2.50 | semi annually | 2022-03-04 |
2021-02-11 | ₹2.50 | semi annually | 2021-03-04 |
2019-11-21 | ₹2.50 | semi annually | 2019-12-11 |
2019-02-14 | ₹2.50 | semi annually | 2019-03-06 |
2017-08-09 | ₹2.50 | semi annually | 2017-08-30 |
2016-08-23 | ₹3.50 | semi annually | 2016-11-11 |
2013-07-22 | ₹2.00 | semi annually | 2013-08-29 |
Dividend Increase
Balrampur Chini Mills's dividend growth over the last five years (2020-2024) was 24.91% per year, while over the last ten years (2015-2024), it was 76.26% per year. In comparison, Dhampur Sugar Mills has seen an average growth rate of 5.13% over the past five years and E.I.D.- Parry's growth rate was 26.21%.
By comparing Balrampur Chini Mills's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Balrampur Chini Mills's current trailing twelve-month (TTM) dividend yield is 0.65%. Over the last 12 months, Balrampur Chini Mills has maintained this yield, but how does it compare to similar stocks? For example, Dhampur Sugar Mills offers a yield of nan%, while E.I.D.- Parry provides a yield of nan%. Comparing similar stocks can help investors assess Balrampur Chini Mills's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
Balrampur Chini Mills (BALRAMCHIN.NS) | 0.65% | ₹3 | ₹464.6 |
Dhampur Sugar Mills (DHAMPURSUG.NS) | NaN% | ₹1 | ₹136.07 |
E.I.D.- Parry (EIDPARRY.NS) | NaN% | ₹8 | ₹790.65 |
Dividend Yield Calculator
Interested in purchasing Balrampur Chini Mills stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Balrampur Chini Mills has a payout ratio of 0.00%. In comparison, Dhampur Sugar Mills has a payout ratio of 0.00%, while E.I.D.- Parry's payout ratio is 0.00%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Balrampur Chini Mills
- Global presence Company operates in over 100 countries worldwide, with a strong presence in key emerging markets
- Key segments Dividend investors may be interested in the company's diverse portfolio spanning consumer goods, healthcare, and technology sectors
- Products/services Company offers a range of consumer products, healthcare solutions, and technology services, providing dividend investors with exposure to multiple industries
- Financial stability Company has a strong track record of consistent dividend payments and sustainable growth, reflecting its stable financial position and strategic management.
Frequently Asked Question
Other factors to consider when evaluating Balrampur Chini Mills 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: Balrampur Chini Mills'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, Balrampur Chini Mills 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, Balrampur Chini Mills 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 Balrampur Chini Mills 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: Balrampur Chini Mills 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, Balrampur Chini Mills distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Balrampur Chini Mills 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 Balrampur Chini Mills'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 Balrampur Chini Mills'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.