Berger Paints India Limited manufactures and sells paints for home, professional, and industrial users in India and internationally. The company offers interior wall coatings, including designer finishes, interior emulsions, ceiling paints, and distempers; exterior wall coatings comprising exterior emulsions and exterior cement paints; exterior texture; self-painting, repair, enamel paint, glow in the dark, wall stencil, wall stickers, multipurpose seal tapes, and enamel spray kits; metal, glass, and wood finishes; and undercoats, such as putty, interior, exterior, and metal primers. It also provides waterproofing solutions; construction chemicals, flooring compounds, bitumen and coal tar-based products, sealants and adhesives, protective and anti-corrosive coatings; powder coatings; GI and automotive coatings; lacquers; and various sanitization products. The company was formerly known as British Paints (India) Limited and changed its name to Berger Paints India Limited in December 1983. Berger Paints India Limited was incorporated in 1923 and is based in Kolkata, India. Berger Paints India Limited is a subsidiary of U.K. Paints India Private Limited.
Berger Paints India Dividend Announcement
• Berger Paints India announced a annually dividend of ₹3.50 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-08-05
• Berger Paints India annual dividend for 2024 was ₹3.50
• Berger Paints India annual dividend for 2023 was ₹3.20
• Berger Paints India's trailing twelve-month (TTM) dividend yield is 0.74%
• Berger Paints India's dividend growth over the last five years (2018-2023) was 12.20% year
• Berger Paints India's dividend growth over the last ten years (2013-2023) was 5.92% year
Berger Paints India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-05 | ₹3.50 | annually | 2024-08-22 |
2023-08-04 | ₹3.20 | annually | 2023-08-21 |
2022-08-18 | ₹3.10 | annually | 2022-09-06 |
2021-08-18 | ₹2.80 | annually | 2021-09-09 |
2020-09-17 | ₹0.30 | annually | 2020-10-25 |
2020-03-02 | ₹1.90 | annually | 2020-03-16 |
2019-07-26 | ₹1.90 | annually | 2019-09-04 |
2018-07-26 | ₹1.80 | annually | 2018-08-20 |
2017-07-27 | ₹1.75 | annually | 2017-09-03 |
2016-07-26 | ₹1.00 | annually | 2016-08-02 |
2016-02-17 | ₹0.65 | annually | 2016-03-05 |
2015-07-24 | ₹0.65 | annually | 2015-09-02 |
2015-02-12 | ₹0.60 | annually | 2015-02-24 |
2014-07-16 | ₹2.20 | annually | 2014-08-12 |
2013-07-17 | ₹1.80 | annually | 2013-09-01 |
Berger Paints India Dividend per year
Berger Paints India Dividend growth
Berger Paints India Dividend Yield
Berger Paints India current trailing twelve-month (TTM) dividend yield is 0.74%. Interested in purchasing Berger Paints India stock? Use our calculator to estimate your expected dividend yield:
Berger Paints India Financial Ratios
Berger Paints India Dividend FAQ
Other factors to consider when evaluating Berger Paints India 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: Berger Paints India'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, Berger Paints India 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, Berger Paints India 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 Berger Paints India 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: Berger Paints India 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, Berger Paints India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Berger Paints India 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 Berger Paints India'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 Berger Paints India'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.