Banswara Syntex Limited engages in the manufacturing, marketing, and sale of textile products in India. The company offers spun synthetic blended, wool, and wool mix yarns; and spun synthetic and worsted, and cotton and linen fabrics, as well as readymade garments, such as trousers, jackets, and waistcoats. It also provides shirting and technical, jacquard, poly/viscose, and knitted fabrics; polyester, viscose, acrylic, wool, lycra, linen, and high twists yarns; yarn and piece dyeing solutions; and fabrics for men's and women's wear, and home textile furnishing fabrics in various blends. In addition, the company offers performance finish fabric; technical fabrics used for high altitude weather and sports wear; and automotive fabrics for trimming interiors of automobile seats and doors. Further, it provides fire retardant fabrics that can be used as curtains, upholstery, drapes, wall paneling, cushion covers, sheets, and as lining for tents, as well as for use in furnishing auditoriums, multiplexes, cinema halls, hotels, railway coaches, airlines, ships and cruise, and buses and coaches. It also exports its products to 50 countries including the United States, the United Kingdom, Canada, Spain, Germany, Japan, France, the United States Emirates, and Turkey. Banswara Syntex Limited was incorporated in 1976 and is headquartered in Mumbai, India.
Banswara Syntex Dividend Announcement
• Banswara Syntex announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-07-30
• Banswara Syntex annual dividend for 2024 was ₹1.00
• Banswara Syntex annual dividend for 2023 was ₹3.00
• Banswara Syntex's trailing twelve-month (TTM) dividend yield is 0.72%
• Banswara Syntex's dividend growth over the last five years (2018-2023) was 24.57% year
• Banswara Syntex's dividend growth over the last ten years (2013-2023) was 7.18% year
Banswara Syntex Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-30 | ₹1.00 | annually | 2024-09-05 |
| 2023-07-28 | ₹3.00 | annually | |
| 2022-07-21 | ₹2.50 | annually | |
| 2021-09-16 | ₹1.50 | annually | |
| 2020-02-27 | ₹1.50 | annually | 2020-03-15 |
| 2019-09-19 | ₹1.00 | annually | 2019-09-27 |
| 2018-09-14 | ₹1.00 | annually | 2018-10-24 |
| 2017-09-06 | ₹1.00 | annually | 2017-09-14 |
| 2016-08-18 | ₹2.00 | annually | |
| 2015-09-03 | ₹1.00 | annually | 2015-10-12 |
| 2014-09-04 | ₹3.00 | annually | 2014-10-22 |
| 2013-08-14 | ₹1.50 | annually | 2013-09-23 |
Banswara Syntex Dividend per year
Banswara Syntex Dividend growth
Banswara Syntex Dividend Yield
Banswara Syntex current trailing twelve-month (TTM) dividend yield is 0.72%. Interested in purchasing Banswara Syntex stock? Use our calculator to estimate your expected dividend yield:
Banswara Syntex Financial Ratios
Banswara Syntex Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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