Chembond Chemicals Limited manufactures and sells specialty chemicals in India and internationally. It offers boiler water treatment chemicals, membrane treatment chemicals, raw water and effluent treatment polymers, and defoamers; and chemical, equipment, and bio-remediation solutions for steel, power, refining, fertilizer, paper, chemical, and petrochemical industries, as well as for food, pharmaceutical, beverage, cement, institutional, and small industrial segments. The company also provides construction chemicals that are used in the construction and civil repair industry; and metal treatment chemicals, automotive sealants, engineering adhesives, industrial coatings, and paint shop solutions and products, as well as industrial maintenance, repair, and overhaul services for surface treatment, bonding and sealing, and coatings in the industrial sectors. In addition, it offers animal nutrition products, such as bio-security products, vitamins and minerals for supplementing poultry and dairy diet, enzymes, and probiotics; enzymes for use in textile processing and distillery applications; and bio-augmentation and customized products. Further, the company provides specialty polymer products that are used in industries and everyday life; adhesives and industrial sealants; and industrial cleaning and hygiene products and solutions to the food processing, alcoholic and non-alcoholic beverage, and dairy markets. Additionally, it distributes specialty chemicals for construction chemical, paints and coatings, water treatment chemicals, and paper chemical manufacturers, as well as automotive sealant systems suppliers; and agrochemical, ink, sugar mill, leather, and textile industries. The company also offers its products through an online store. Chembond Chemicals Limited was founded in 1973 and is headquartered in Navi Mumbai, India.
Chembond Chemicals Dividend Announcement
• Chembond Chemicals announced a annually dividend of ₹3.50 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-07-22
• Chembond Chemicals annual dividend for 2024 was ₹3.50
• Chembond Chemicals annual dividend for 2023 was ₹3.00
• Chembond Chemicals's trailing twelve-month (TTM) dividend yield is 0.61%
Chembond Chemicals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-22 | ₹3.50 | annually | 2024-09-06 |
2023-08-03 | ₹3.00 | annually | 2023-09-18 |
2022-07-15 | ₹5.00 | annually | 2022-09-04 |
2021-07-07 | ₹2.25 | annually | 2021-08-22 |
2020-03-13 | ₹2.00 | annually | 2020-03-24 |
Chembond Chemicals Dividend per year
Chembond Chemicals Dividend growth
Chembond Chemicals Dividend Yield
Chembond Chemicals current trailing twelve-month (TTM) dividend yield is 0.61%. Interested in purchasing Chembond Chemicals stock? Use our calculator to estimate your expected dividend yield:
Chembond Chemicals Financial Ratios
Chembond Chemicals Dividend FAQ
Other factors to consider when evaluating Chembond 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.
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1. Determination of Dividend: Chembond 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, Chembond 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, Chembond 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 Chembond 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: Chembond 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, Chembond 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: Chembond 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 Chembond 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 Chembond 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.