Century Enka Limited engages in the manufacture and sale of synthetic yarns and related products in India and internationally. The company offers nylon filament yarns, such as mono filament, mother, multifilament, and tow yarns, as well as fully drawn, partially and high oriented, drawn textured, air textured, draw winder, and jumbo beam yarns. It also provides tire cord fabrics, including yarn, greige fabrics, and dipped fabrics for reinforcement of tires, which are used in motorcycles, scooters, light and heavy commercial vehicles, and off the road. The company was incorporated in 1965 and is headquartered in Pune, India.
Century Enka Dividend Announcement
• Century Enka announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-09-29. Ex dividend date: 2024-08-20
• Century Enka annual dividend for 2024 was ₹10.00
• Century Enka annual dividend for 2023 was ₹10.00
• Century Enka's trailing twelve-month (TTM) dividend yield is 1.69%
• Century Enka's dividend growth over the last five years (2018-2023) was -6.51% year
• Century Enka's dividend growth over the last ten years (2013-2023) was 5.24% year
Century Enka Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-20 | ₹10.00 | annually | 2024-09-29 |
2023-08-11 | ₹10.00 | annually | 2023-09-23 |
2022-08-05 | ₹10.00 | annually | 2022-08-22 |
2021-07-30 | ₹8.00 | annually | 2021-09-12 |
2020-07-30 | ₹8.00 | annually | 2020-09-12 |
2019-07-01 | ₹7.00 | annually | 2019-08-12 |
2018-07-03 | ₹7.00 | annually | 2018-08-13 |
2018-07-02 | ₹7.00 | annually | |
2017-07-24 | ₹7.00 | annually | 2017-09-04 |
2016-06-30 | ₹1.50 | annually | |
2015-07-01 | ₹6.00 | annually | |
2014-08-28 | ₹6.00 | annually | 2014-10-13 |
2013-06-27 | ₹6.00 | annually | 2013-08-12 |
Century Enka Dividend per year
Century Enka Dividend growth
Century Enka Dividend Yield
Century Enka current trailing twelve-month (TTM) dividend yield is 1.69%. Interested in purchasing Century Enka stock? Use our calculator to estimate your expected dividend yield:
Century Enka Financial Ratios
Century Enka Dividend FAQ
Other factors to consider when evaluating Century Enka 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: Century Enka'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, Century Enka 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, Century Enka 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 Century Enka 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: Century Enka 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, Century Enka distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Century Enka 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 Century Enka'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 Century Enka'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.