Cera Sanitaryware Limited manufactures, sells, trades in, and outsources sanitary ware and faucet ware products in India. It offers sanitary ware products, including EWC's, wash basins, cisterns, seat covers, urinals, electronic flushing systems, water saving products, bath accessories, and kids range products, as well as special needs products. The company also provides faucets comprising single lever faucets, foot operated faucets, quarter and half turn faucets, sensor and touch faucets, showers, health faucets, bathroom allied products and accessories, and other auxiliary products and special needs faucets; and wellness products consisting of steam shower rooms, shower cubicles and partitions, bath tubs and whirlpool, fillers, shower panels, indoor swimming pools, and pressure pumps. In addition, it offers kitchen sinks, mirrors, and water heaters, as well as wall and floor tiles. It also exports its products. The company was formerly known as Madhusudan Oils and Fats Limited and changed its name to Cera Sanitaryware Limited in November 2002. Cera Sanitaryware Limited was founded in 1980 and is based in Ahmedabad, India.
Ceranitaryware Dividend Announcement
• Ceranitaryware announced a annually dividend of ₹60.00 per ordinary share which will be made payable on 2024-08-10. Ex dividend date: 2024-06-25
• Ceranitaryware annual dividend for 2024 was ₹60.00
• Ceranitaryware annual dividend for 2023 was ₹50.00
• Ceranitaryware's trailing twelve-month (TTM) dividend yield is 0.77%
• Ceranitaryware's dividend growth over the last five years (2018-2023) was 33.03% year
• Ceranitaryware's dividend growth over the last ten years (2013-2023) was 28.73% year
Ceranitaryware Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-25 | ₹60.00 | annually | 2024-08-10 |
2023-06-20 | ₹50.00 | annually | 2023-08-05 |
2022-06-13 | ₹15.00 | annually | 2022-07-30 |
2021-07-16 | ₹13.00 | annually | 2021-09-03 |
2020-02-26 | ₹13.00 | annually | 2020-03-14 |
2019-07-12 | ₹13.00 | annually | 2019-08-30 |
2018-08-14 | ₹12.00 | annually | 2018-09-29 |
2017-07-10 | ₹12.00 | annually | 2017-08-26 |
2016-07-14 | ₹9.00 | annually | |
2015-07-16 | ₹6.25 | annually | |
2014-08-13 | ₹5.00 | annually | |
2013-06-20 | ₹4.00 | annually | 2013-07-16 |
Ceranitaryware Dividend per year
Ceranitaryware Dividend growth
Ceranitaryware Dividend Yield
Ceranitaryware current trailing twelve-month (TTM) dividend yield is 0.77%. Interested in purchasing Ceranitaryware stock? Use our calculator to estimate your expected dividend yield:
Ceranitaryware Financial Ratios
Ceranitaryware Dividend FAQ
Other factors to consider when evaluating Ceranitaryware 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: Ceranitaryware'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, Ceranitaryware 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, Ceranitaryware 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 Ceranitaryware 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: Ceranitaryware 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, Ceranitaryware distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ceranitaryware 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 Ceranitaryware'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 Ceranitaryware'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.