Blue Chip Tex Industries Ltd. engages in the manufacture and sale of polyester textured yarn. The company was founded on September 17, 1985 and is headquartered in Mumbai, India.
Blue Chip Tex Industries Dividend Announcement
• Blue Chip Tex Industries announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-17 • Blue Chip Tex Industries annual dividend for 2024 was ₹1.00 • Blue Chip Tex Industries annual dividend for 2023 was ₹2.00 • Blue Chip Tex Industries's trailing twelve-month (TTM) dividend yield is 0.63% • Blue Chip Tex Industries's dividend growth over the last five years (2018-2023) was 2.13% year • Blue Chip Tex Industries's dividend growth over the last ten years (2013-2023) was 8.31% year
Blue Chip Tex Industries current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Blue Chip Tex Industries stock? Use our calculator to estimate your expected dividend yield:
Blue Chip Tex Industries Financial Ratios
P/E ratio-150.45
PEG ratio-7.97
P/B ratio1.14
ROE-0.74%
Payout ratio0.00%
Current ratio2.15
Quick ratio0.79
Cash Ratio0.02
Blue Chip Tex Industries Dividend FAQ
How much is the next Blue Chip Tex Industries dividend?
Blue Chip Tex Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Blue Chip Tex Industries dividend. The next Blue Chip Tex Industries dividend will be released in September.
When is Blue Chip Tex Industries dividend paid?
Blue Chip Tex Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Blue Chip Tex Industries pay?
The specific amount of Blue Chip Tex Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Blue Chip Tex Industries's dividend history.
Does Blue Chip Tex Industries stock pay dividends?
Yes, Blue Chip Tex Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Blue Chip Tex Industries's dividend history.
How much dividend does Blue Chip Tex Industries pay?
Blue Chip Tex Industries paid ₹1.0 in 2024, ₹2.0 in 2023, ₹3.0 in 2022, ₹3.0 in 2021, and ₹1.8 in 2020.
How often does Blue Chip Tex Industries pay dividends?
Blue Chip Tex Industries typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Blue Chip Tex Industries's dividend yield?
The current dividend yield for Blue Chip Tex Industries is 0.63%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Blue Chip Tex Industries's exact dividend yield.
When does Blue Chip Tex Industries go ex dividend?
Blue Chip Tex Industries's ex-dividend date for the latest dividend was on 2024-09-17. Blue Chip Tex Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Blue Chip Tex Industries dividend paid?
Blue Chip Tex Industries pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Blue Chip Tex Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Blue Chip Tex Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Blue Chip Tex Industries dividend per share?
Blue Chip Tex Industries paid ₹1.0 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Blue Chip Tex Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Blue Chip Tex Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Blue Chip Tex Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Blue Chip Tex Industries a dividend stock?
Yes, Blue Chip Tex Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Blue Chip Tex Industries a good dividend stock?
Whether Blue Chip Tex Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Blue Chip Tex Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Blue Chip Tex Industries 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.
Does Blue Chip Tex Industries pay dividends monthly?
Blue Chip Tex Industries typically pays dividends on a annually basis.
Does Blue Chip Tex Industries pay dividends quarterly?
Blue Chip Tex Industries currently pays dividends on a annually basis.
Has Blue Chip Tex Industries ever paid a dividend?
Yes, Blue Chip Tex Industries has a history of paying dividends to its shareholders. Blue Chip Tex Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Blue Chip Tex Industries dividend stocks?
To buy Blue Chip Tex Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Blue Chip Tex Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Blue Chip Tex Industries pay dividends 2024?
Blue Chip Tex Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-10-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Blue Chip Tex Industries increase its dividend in 2024?
Decisions regarding Blue Chip Tex Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Blue Chip Tex Industries dividend overview you can look into the above table of dividend history.
How Blue Chip Tex Industries dividend works?
The Blue Chip Tex Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Blue Chip Tex Industries's dividend process works:
1. Determination of Dividend: Blue Chip Tex Industries'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, Blue Chip Tex Industries 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, Blue Chip Tex Industries 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 Blue Chip Tex Industries 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.
How are Blue Chip Tex Industries dividends paid?
Blue Chip Tex Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Blue Chip Tex Industries 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, Blue Chip Tex Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Blue Chip Tex Industries 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.
How many times does Blue Chip Tex Industries pay dividends?
Blue Chip Tex Industries typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Blue Chip Tex Industries pay dividends?
The general pattern is that Blue Chip Tex Industries pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Blue Chip Tex Industries dividend safe?
The safety of Blue Chip Tex Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Blue Chip Tex Industries'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 Blue Chip Tex Industries'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.