Bodal Chemicals Limited manufactures and sells dyestuffs, dyes intermediates, and other chemicals in India. The company's dye intermediates primarily include vinyl sulphone ester, ortho anisidine vinyl sulphone, meta ureido aniline, H. acid, Bronner's vinyl sulphone, vinyl sulphone paracresidine base, 6-nitro 1-diazo-2naphthol 4-sulphonic acid, sulpho para vinyl sulphone, sulpho tobias acid, vinyl sulphone ester of 2:5 di methoxy aniline, sulpho ortho anisidine vinyl sulphone, F.C. acid, 1:2:4 diazo, Kacid, benzedine di sulphonic acid, benzanilide vinyl sulphone, and gamma acid. It also provides reactive, acid, and direct dyes for textile, leather, and paper industries; and sulphuric acid, chloro sulphonic acid, liquid SO3, oleums, beta napthol, linear alkyl benzene sulphonic acid, and acetanilide that are used as raw materials for the production of dye intermediates. Bodal Chemicals Limited also exports its products. The company was formerly known as Dintex Dyechem Limited and changed its name to Bodal Chemicals Limited in May 2006. Bodal Chemicals Limited was incorporated in 1986 and is headquartered in Ahmedabad, India.
Bodal Chemicals Dividend Announcement
• Bodal Chemicals announced a annually dividend of ₹0.10 per ordinary share which will be made payable on 2023-10-28. Ex dividend date: 2023-09-22
• Bodal Chemicals annual dividend for 2023 was ₹0.10
• Bodal Chemicals's trailing twelve-month (TTM) dividend yield is -%
• Bodal Chemicals's dividend growth over the last five years (2018-2023) was -34.02% year
Bodal Chemicals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-22 | ₹0.10 | annually | 2023-10-28 |
2022-09-22 | ₹0.80 | annually | 2022-10-26 |
2021-09-16 | ₹0.80 | annually | 2021-10-24 |
2020-02-18 | ₹0.80 | annually | 2020-03-13 |
2019-09-12 | ₹0.80 | annually | 2019-10-20 |
2018-09-06 | ₹0.80 | annually | 2018-10-17 |
2017-09-14 | ₹0.50 | annually | 2017-10-23 |
2016-08-11 | ₹0.30 | annually | 2016-09-02 |
2016-03-17 | ₹0.40 | annually | 2016-04-09 |
2015-08-20 | ₹0.20 | annually | 2015-10-24 |
2011-09-22 | ₹0.54 | annually |
Bodal Chemicals Dividend per year
Bodal Chemicals Dividend growth
Bodal Chemicals Dividend Yield
Bodal Chemicals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Bodal Chemicals stock? Use our calculator to estimate your expected dividend yield:
Bodal Chemicals Financial Ratios
Bodal Chemicals Dividend FAQ
Other factors to consider when evaluating Bodal Chemicals 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.
Place an order: Use the brokerage's trading platform to place an order to buy Bodal Chemicals 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.
1. Determination of Dividend: Bodal Chemicals'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, Bodal Chemicals 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, Bodal Chemicals 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 Bodal Chemicals 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: Bodal Chemicals 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, Bodal Chemicals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bodal Chemicals 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 Bodal Chemicals'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 Bodal Chemicals'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.