Bannari Amman Sugars Limited engages in the manufacture and sale of sugar in India. The company operates through Sugar, Power, Alcohol, and Granite Products segments. It manufactures and sells cane crush; industrial alcohol and extra neutral spirits; granite blocks, and polished granite products; and bio-products. The company also generates power through co-generation power plants with an installed capacity of 129.80 MW and windmills with an installed capacity of 8.75 MW. In addition, it is also involved in the provision of education services. The company also exports its products. Bannari Amman Sugars Limited was incorporated in 1983 and is based in Coimbatore, India.
Bannari Amman Sugars Dividend Announcement
• Bannari Amman Sugars announced a annually dividend of ₹12.50 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-09-13
• Bannari Amman Sugars annual dividend for 2024 was ₹12.50
• Bannari Amman Sugars annual dividend for 2023 was ₹12.50
• Bannari Amman Sugars's trailing twelve-month (TTM) dividend yield is 0.33%
• Bannari Amman Sugars's dividend growth over the last five years (2018-2023) was 4.56% year
Bannari Amman Sugars Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | ₹12.50 | annually | 2024-10-23 |
2023-08-28 | ₹12.50 | annually | 2023-10-04 |
2022-09-01 | ₹10.00 | annually | 2022-09-24 |
2021-09-01 | ₹10.00 | annually | 2021-09-25 |
2020-08-25 | ₹10.00 | annually | 2020-09-25 |
2019-09-04 | ₹10.00 | annually | 2019-10-12 |
2018-09-11 | ₹10.00 | annually | 2018-10-20 |
2017-09-14 | ₹12.50 | annually | 2017-10-12 |
2016-12-21 | ₹7.50 | annually | 2017-01-28 |
2016-09-20 | ₹1.60 | annually | |
2015-09-16 | ₹2.50 | annually | 2015-10-10 |
2014-09-11 | ₹12.50 | annually | 2014-10-15 |
2013-08-29 | ₹12.50 | annually | 2013-10-04 |
Bannari Amman Sugars Dividend per year
Bannari Amman Sugars Dividend growth
Bannari Amman Sugars Dividend Yield
Bannari Amman Sugars current trailing twelve-month (TTM) dividend yield is 0.33%. Interested in purchasing Bannari Amman Sugars stock? Use our calculator to estimate your expected dividend yield:
Bannari Amman Sugars Financial Ratios
Bannari Amman Sugars Dividend FAQ
Other factors to consider when evaluating Bannari Amman Sugars 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: Bannari Amman Sugars'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, Bannari Amman Sugars 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, Bannari Amman Sugars 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 Bannari Amman Sugars 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: Bannari Amman Sugars 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, Bannari Amman Sugars distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bannari Amman Sugars 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 Bannari Amman Sugars'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 Bannari Amman Sugars'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.