Century Textiles and Industries Limited engages in the manufacture and sale of textiles, and pulp and paper products in India. It operates through Textiles, Pulp and Paper, Real Estate, and Others segments. The Textile segment offers yarn, fabric, viscose filament yarn, and tire yarn; and leases viscose filament yarn and tire yarn plant. Its products include shirting, suiting fabrics, finer fabrics, and bed linen. The Pulp and Paper segment offers pulp, writing and printing papers, tissue papers, and multi-layer packaging boards. The Real Estate segment develops commercial and residential projects; and leases properties. The Others segment engages in the salt works and chemicals related businesses. The company also exports its products. Century Textiles and Industries Limited was incorporated in 1897 and is based in Mumbai, India.
Century Textiles and Industries Dividend Announcement
• Century Textiles and Industries announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-07-11
• Century Textiles and Industries annual dividend for 2024 was ₹5.00
• Century Textiles and Industries annual dividend for 2023 was ₹5.00
• Century Textiles and Industries's trailing twelve-month (TTM) dividend yield is 0.18%
• Century Textiles and Industries's payout ratio for the trailing twelve months (TTM) is 86.63%
• Century Textiles and Industries's dividend growth over the last five years (2018-2023) was -5.11% year
• Century Textiles and Industries's dividend growth over the last ten years (2013-2023) was -0.95% year
Century Textiles and Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | ₹5.00 | annually | 2024-08-22 |
2023-07-17 | ₹5.00 | annually | 2023-08-26 |
2022-07-06 | ₹4.00 | annually | 2022-08-17 |
2021-07-06 | ₹1.00 | annually | 2021-07-20 |
2020-08-14 | ₹3.00 | annually | 2020-09-24 |
2019-07-19 | ₹7.50 | annually | 2019-08-29 |
2018-07-20 | ₹6.50 | annually | 2018-08-30 |
2017-07-28 | ₹5.50 | annually | 2017-09-08 |
2016-07-18 | ₹5.50 | annually | |
2015-07-15 | ₹5.50 | annually | 2015-08-27 |
2014-07-11 | ₹5.50 | annually | 2014-07-30 |
2013-07-08 | ₹5.50 | annually | 2013-07-29 |
Century Textiles and Industries Dividend per year
Century Textiles and Industries Dividend growth
Century Textiles and Industries Dividend Yield
Century Textiles and Industries current trailing twelve-month (TTM) dividend yield is 0.18%. Interested in purchasing Century Textiles and Industries stock? Use our calculator to estimate your expected dividend yield:
Century Textiles and Industries Financial Ratios
Century Textiles and Industries Dividend FAQ
Other factors to consider when evaluating Century Textiles and 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.
Place an order: Use the brokerage's trading platform to place an order to buy Century Textiles and 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.
1. Determination of Dividend: Century Textiles and 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, Century Textiles and 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, Century Textiles and 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 Century Textiles and 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.
1. Record Date: Century Textiles and 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, Century Textiles and 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: Century Textiles and 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.
To assess the safety of Century Textiles and 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 Century Textiles and 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.