Commercial Syn Bags Limited engages in manufacturing, producing, processing, importing, exporting, buying, and selling of packaging solution for businesses in India. The company operates through two segments: Manufacturing and Trading. It offers flexible intermediate bulk containers, high density polyethylene and polypropylene woven sacks, fabrics, container bags, pond liners, mulch films, and tarpaulins under the TIGER TARPAULIN brand name. The company also provides vermi beds and flexible pipes under the COMSYN SWAJAL brand name. In addition, it offers BOPP, bulk and box bags, poly tarpaulin, woven bags, geotextiles, ground covers, nets, flexible packaging, and other technical textiles products under the COMSYN brand name. Further, the company engages in the trading of granules, master batches, and PVC resins. It serves construction, agriculture, asbestos waste removal, bulk packaging, household waste removal, human safety, gardens, green houses, shelter, grain, pulses, animal food, seeds, fertilizers, chemicals, and food products. The company also exports its products to the European Union, the United Kingdom, the United States, and Latin America. The company was incorporated in 1984 and is based in Indore, India.
Commercial Syn Bags Dividend Announcement
• Commercial Syn Bags announced a annually dividend of ₹2.10 per ordinary share which will be made payable on 2022-10-30. Ex dividend date: 2022-09-22
• Commercial Syn Bags's trailing twelve-month (TTM) dividend yield is -%
Commercial Syn Bags Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-09-22 | ₹2.10 | annually | 2022-10-30 |
2021-09-22 | ₹2.00 | annually | 2021-10-30 |
2020-09-18 | ₹1.50 | annually | 2020-10-29 |
2019-09-09 | ₹0.80 | annually | 2019-10-18 |
2018-11-15 | ₹0.70 | annually | 2018-12-05 |
Commercial Syn Bags Dividend per year
Commercial Syn Bags Dividend growth
Commercial Syn Bags Dividend Yield
Commercial Syn Bags current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Commercial Syn Bags stock? Use our calculator to estimate your expected dividend yield:
Commercial Syn Bags Financial Ratios
Commercial Syn Bags Dividend FAQ
Other factors to consider when evaluating Commercial Syn Bags 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: Commercial Syn Bags'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, Commercial Syn Bags 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, Commercial Syn Bags 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 Commercial Syn Bags 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: Commercial Syn Bags 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, Commercial Syn Bags distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Commercial Syn Bags 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 Commercial Syn Bags'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 Commercial Syn Bags'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.