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Chemcon Speciality Chemicals Limited engages in the manufacture and sale of pharmaceutical intermediates, silanes, and oilfield chemicals in India. It offers oilfield chemicals, including calcium bromide liquid, calcium bromide powder, sodium bromide solution, and zinc bromide solution; pharmaceutical chemicals, such as hexamethyl disilazane, chloromethyl isopropyl carbonate, trimethyl chlorosilane, and hexamethyl disiloxane; and Silanes comprising hexamethyl disilazane, trimethyl chlorosilane, and hexamethyl disiloxane, as well as provides contract manufacturing services. The company also exports its products to United States, Italy, South Korea, Germany, the People's Republic of China, Japan, the United Arab Emirates, Serbia, Russia, Spain, Thailand, and Malaysia. The company was incorporated in 1988 and is based in Vadodara, India.

Chemcon Speciality Chemicals Dividend Announcement

• Chemcon Speciality Chemicals announced a annually dividend of ₹4.00 per ordinary share which will be made payable on 2022-09-07. Ex dividend date: 2022-08-22
• Chemcon Speciality Chemicals's trailing twelve-month (TTM) dividend yield is -%

Chemcon Speciality Chemicals Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-08-22₹4.00annually2022-09-07

Chemcon Speciality Chemicals Dividend per year

Chemcon Speciality Chemicals Dividend Yield

Chemcon Speciality Chemicals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Chemcon Speciality Chemicals stock? Use our calculator to estimate your expected dividend yield:

Chemcon Speciality Chemicals Financial Ratios

P/E ratio47.41
PEG ratio5.87
P/B ratio1.85
ROE3.99%
Payout ratio0.00%
Current ratio5.43
Quick ratio4.28
Cash Ratio2.69

Chemcon Speciality Chemicals Dividend FAQ

Does Chemcon Speciality Chemicals stock pay dividends?
Chemcon Speciality Chemicals does not currently pay dividends to its shareholders.
Has Chemcon Speciality Chemicals ever paid a dividend?
No, Chemcon Speciality Chemicals has no a history of paying dividends to its shareholders. Chemcon Speciality Chemicals is not known for its dividend payments.
Why doesn't Chemcon Speciality Chemicals pay dividends?
There are several potential reasons why Chemcon Speciality Chemicals would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Chemcon Speciality Chemicals ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Chemcon Speciality Chemicals has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Chemcon Speciality Chemicals a dividend aristocrat?
Chemcon Speciality Chemicals is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Chemcon Speciality Chemicals a dividend king?
Chemcon Speciality Chemicals is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Chemcon Speciality Chemicals a dividend stock?
No, Chemcon Speciality Chemicals is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Chemcon Speciality Chemicals stocks?
To buy Chemcon Speciality Chemicals you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Chemcon Speciality 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.