company-logo

Damodar Industries Limited manufactures, processes, and trades in cotton and synthetic blended yarns in India. It exports its products to approximately 40 countries across Europe, South Africa, South America, Australia, Korea, Belgium, Singapore, Italy, Egypt, and the Gulf countries. The company was formerly known as Damodar Threads Limited and changed its name to Damodar Industries Limited in January 2013. Damodar Industries Limited was incorporated in 1987 and is headquartered in Mumbai, India.

Damodar Industries Dividend Announcement

Damodar Industries announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2022-09-16. Ex dividend date: 2022-07-15
Damodar Industries's trailing twelve-month (TTM) dividend yield is -%

Damodar Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-07-15₹0.50annually2022-09-16
2019-06-28₹0.75annually2019-08-31
2018-06-28₹3.00annually2018-08-27
2017-06-19₹2.80annually2017-09-10

Damodar Industries Dividend per year

Damodar Industries Dividend growth

Damodar Industries Dividend Yield

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

Damodar Industries Financial Ratios

P/E ratio-363.51
PEG ratio-3.96
P/B ratio0.74
ROE-0.23%
Payout ratio0.00%
Current ratio1.34
Quick ratio0.65
Cash Ratio0.00

Damodar Industries Dividend FAQ

How much is the next Damodar Industries dividend?
Damodar Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Damodar Industries dividend. The next Damodar Industries dividend will be released in .
When is Damodar Industries dividend paid?
Damodar Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Damodar Industries pay?
The specific amount of Damodar Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Damodar Industries's dividend history.
Does Damodar Industries stock pay dividends?
Yes, Damodar Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Damodar Industries's dividend history.
How much dividend does Damodar Industries pay?
Damodar Industries paid ₹0.0 in 2024, ₹0.0 in 2023, ₹0.5 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Damodar Industries pay dividends?
Damodar Industries typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around .
What is Damodar Industries's dividend yield?
The current dividend yield for Damodar Industries is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Damodar Industries's exact dividend yield.
When does Damodar Industries go ex dividend?
Damodar Industries's ex-dividend date for the latest dividend was on 2022-07-15. Damodar Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Damodar Industries dividend paid?
Damodar Industries pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Damodar Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Damodar Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Damodar Industries dividend per share?
Damodar Industries paid ₹0.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Damodar Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Damodar Industries a dividend aristocrat?
No, 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 Damodar Industries a dividend king?
No, 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 Damodar Industries a dividend stock?
Yes, Damodar Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Damodar Industries a good dividend stock?
Whether Damodar Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Damodar Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Damodar 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.
Does Damodar Industries pay dividends monthly?
Damodar Industries typically pays dividends on a annually basis.
Does Damodar Industries pay dividends quarterly?
Damodar Industries currently pays dividends on a annually basis.
Has Damodar Industries ever paid a dividend?
Yes, Damodar Industries has a history of paying dividends to its shareholders. Damodar Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Damodar Industries dividend stocks?
To buy Damodar Industries 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Damodar 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.
When does Damodar Industries pay dividends 2024?
Damodar Industries pays dividends on a annually basis. 2024 dividend payments are in 2022-09-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Damodar Industries increase its dividend in 2024?
Decisions regarding Damodar Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Damodar Industries dividend overview you can look into the above table of dividend history.
How Damodar Industries dividend works?
The Damodar Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Damodar Industries's dividend process works:

1. Determination of Dividend: Damodar 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, Damodar 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, Damodar 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 Damodar 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.
How are Damodar Industries dividends paid?
Damodar Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Damodar 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, Damodar 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: Damodar 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.
How many times does Damodar Industries pay dividends?
Damodar Industries typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Damodar Industries pay dividends?
The general pattern is that Damodar Industries pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Damodar Industries dividend safe?
The safety of Damodar Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Damodar 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 Damodar 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.