DCM Shriram Limited, together with its subsidiaries, engages in chloro-vinyl, sugar, agri-input, and other businesses in India and internationally. The company operates through Fertilisers, Chloro-Vinyl, Shriram Farm Solutions, Sugar, Bioseed, and Others segments. It manufactures and sells urea; caustic soda lye and flakes, and chlorine; sugar, ethanol, and Bagasse based cogen power plants; plant nutrition solutions, crop care chemicals, and hybrid seeds; caustic soda, chlorine, hydrogen, stable bleaching powder, calcium carbide, PVC resins, and aluminum chloride; and UPVC and aluminum windows and doors. The company also sells fuel comprising petrol and diesel. The company was formerly known as DCM Shriram Consolidated Limited and changed its name to DCM Shriram Limited. DCM Shriram Limited was incorporated in 1989 and is based in New Delhi, India. DCM Shriram Limited is a subsidiary of Sumant Investments Private Limited.
DCM Shriram Dividend Announcement
• DCM Shriram announced a quarterly dividend of ₹2.00 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-11-11
• DCM Shriram annual dividend for 2024 was ₹8.60
• DCM Shriram annual dividend for 2023 was ₹13.00
• DCM Shriram's trailing twelve-month (TTM) dividend yield is 0.63%
• DCM Shriram's dividend growth over the last five years (2018-2023) was 9.65% year
• DCM Shriram's dividend growth over the last ten years (2013-2023) was 23.31% year
DCM Shriram Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-11 | ₹2.00 | quarterly | 2024-11-28 |
2024-07-09 | ₹2.60 | quarterly | 2024-08-15 |
2024-03-06 | ₹4.00 | quarterly | |
2023-07-18 | ₹3.60 | quarterly | 2023-08-24 |
2023-07-17 | ₹3.60 | quarterly | |
2023-02-01 | ₹5.80 | quarterly | 2023-02-18 |
2022-10-31 | ₹4.60 | quarterly | 2022-11-15 |
2022-07-07 | ₹4.90 | quarterly | 2022-08-18 |
2022-01-24 | ₹5.20 | quarterly | 2022-02-16 |
2021-10-26 | ₹4.60 | quarterly | 2021-11-17 |
2021-07-08 | ₹3.80 | quarterly | 2021-08-19 |
2021-01-27 | ₹5.50 | quarterly | 2021-02-17 |
2020-02-06 | ₹4.20 | quarterly | 2020-02-25 |
2019-11-07 | ₹4.00 | quarterly | 2019-11-22 |
2019-07-12 | ₹1.60 | quarterly | 2019-08-22 |
2019-02-07 | ₹4.20 | quarterly | 2019-02-27 |
2018-11-06 | ₹4.00 | quarterly | 2018-11-27 |
2018-07-20 | ₹0.80 | quarterly | 2018-08-30 |
2018-03-07 | ₹3.40 | quarterly | 2018-03-24 |
2017-11-16 | ₹4.00 | quarterly | 2017-12-06 |
2017-07-21 | ₹0.80 | quarterly | 2017-08-31 |
2017-02-22 | ₹2.80 | quarterly | 2017-03-15 |
2016-11-08 | ₹2.20 | quarterly | 2016-11-25 |
2016-07-29 | ₹0.80 | quarterly | |
2016-02-16 | ₹1.20 | quarterly | 2016-03-05 |
2015-11-13 | ₹1.20 | quarterly | 2015-12-02 |
2015-07-22 | ₹0.40 | quarterly | 2015-09-17 |
2014-08-26 | ₹1.80 | quarterly | 2014-09-11 |
2014-07-16 | ₹1.20 | quarterly | 2014-09-11 |
2014-02-13 | ₹0.80 | quarterly | 2014-03-05 |
2013-07-17 | ₹0.80 | quarterly | 2013-09-12 |
2013-02-12 | ₹0.80 | quarterly | 2013-03-03 |
DCM Shriram Dividend per year
DCM Shriram Dividend growth
DCM Shriram Dividend Yield
DCM Shriram current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing DCM Shriram stock? Use our calculator to estimate your expected dividend yield:
DCM Shriram Financial Ratios
DCM Shriram Dividend FAQ
Other factors to consider when evaluating DCM Shriram 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: DCM Shriram'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, DCM Shriram 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, DCM Shriram 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 DCM Shriram 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: DCM Shriram 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, DCM Shriram distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DCM Shriram 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 DCM Shriram'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 DCM Shriram'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.