company-logo

DCM Shriram Industries Limited produces and sells sugar, alcohol, power, chemicals, industrial fibers, and defence related products in India, Europe, Japan, China, and internationally. The company operates through three segments: Sugar, Industrial Fibres and Related Products, and Chemicals. It provides various sugar products comprising refined sugar for pharmaceutical and food companies, beverages, dairy products, confectionery, etc.; and sugar cubes and sachets for use in hotels, airlines, railways, hospitals, restaurants, clubs, fast food chains, caterers, and homes. The company also offers bulk alcohol products, such as rectified spirit, extra neutral alcohol, and anhydrous alcohol; and country liquor/IMFL. In addition, it provides various organic and fine chemical products for used in pharma, agrochemicals, fragrance/perfumery, dyes/paints/coatings, and other industries. Further, the company offers rayon products, including rayon yarns, rayon tyre cords, and treated rayon fabrics; nylon products, including chafer fabrics; and chemicals, such as anhydrous sodium sulphate and carbon-di-sulphide. Additionally, it is involved in the manufacture and sale light bullet proof vehicles, unmanned aerial vehicles, armoured vehicles, and drone under the Zebu brand, as well as chemical, cargo, and workshop containers; power generation activities; and provision of hand sanitizers. DCM Shriram Industries Limited was founded in 1889 and is based in New Delhi, India.

DCM Shriram Industries Dividend Announcement

DCM Shriram Industries announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-04-27. Ex dividend date: 2024-04-10
DCM Shriram Industries annual dividend for 2024 was ₹2.00
DCM Shriram Industries annual dividend for 2023 was ₹1.00
DCM Shriram Industries's trailing twelve-month (TTM) dividend yield is 1.07%
DCM Shriram Industries's dividend growth over the last five years (2018-2023) was 4.56% year

DCM Shriram Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-10₹2.00annually2024-04-27
2023-02-22₹1.00annually2023-03-16
2022-07-25₹0.50annually2022-09-07
2022-02-23₹1.00annually2022-03-15
2021-08-25₹0.50annually2021-10-08
2021-02-22₹1.00annually2021-03-13
2020-02-18₹1.00annually2020-03-10
2019-08-01₹1.20annually2019-09-12
2018-07-30₹0.80annually2018-09-10
2017-08-10₹1.30annually2017-09-21

DCM Shriram Industries Dividend per year

DCM Shriram Industries Dividend growth

DCM Shriram Industries Dividend Yield

DCM Shriram Industries current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing DCM Shriram Industries stock? Use our calculator to estimate your expected dividend yield:

DCM Shriram Industries Financial Ratios

P/E ratio13.40
PEG ratio0.50
P/B ratio1.88
ROE19.51%
Payout ratio0.00%
Current ratio1.33
Quick ratio0.83
Cash Ratio0.01

DCM Shriram Industries Dividend FAQ

How much is the next DCM Shriram Industries dividend?
DCM Shriram 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 DCM Shriram Industries dividend. The next DCM Shriram Industries dividend will be released in February.
When is DCM Shriram Industries dividend paid?
DCM Shriram Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around February. 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 DCM Shriram Industries pay?
The specific amount of DCM Shriram 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 DCM Shriram Industries's dividend history.
Does DCM Shriram Industries stock pay dividends?
Yes, DCM Shriram 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 DCM Shriram Industries's dividend history.
How much dividend does DCM Shriram Industries pay?
DCM Shriram Industries paid ₹2.0 in 2024, ₹1.0 in 2023, ₹1.5 in 2022, ₹1.5 in 2021, and ₹1.0 in 2020.
How often does DCM Shriram Industries pay dividends?
DCM Shriram 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 February.
What is DCM Shriram Industries's dividend yield?
The current dividend yield for DCM Shriram Industries is 1.07%. 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 DCM Shriram Industries's exact dividend yield.
When does DCM Shriram Industries go ex dividend?
DCM Shriram Industries's ex-dividend date for the latest dividend was on 2024-04-10. DCM Shriram 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 DCM Shriram Industries dividend paid?
DCM Shriram Industries pays dividends on a annually basis, typically around February, but the exact dates can vary each year.
Will DCM Shriram 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 DCM Shriram 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 DCM Shriram Industries dividend per share?
DCM Shriram Industries paid ₹2.0 per share in 2024 and ₹1.0 per share in 2023. The amount of dividend per share that DCM Shriram 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 DCM Shriram 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 DCM Shriram 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 DCM Shriram Industries a dividend stock?
Yes, DCM Shriram Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is DCM Shriram Industries a good dividend stock?
Whether DCM Shriram 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. DCM Shriram Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating DCM Shriram 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 DCM Shriram Industries pay dividends monthly?
DCM Shriram Industries typically pays dividends on a annually basis.
Does DCM Shriram Industries pay dividends quarterly?
DCM Shriram Industries currently pays dividends on a annually basis.
Has DCM Shriram Industries ever paid a dividend?
Yes, DCM Shriram Industries has a history of paying dividends to its shareholders. DCM Shriram Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy DCM Shriram Industries dividend stocks?
To buy DCM Shriram 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 DCM Shriram 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 DCM Shriram Industries pay dividends 2024?
DCM Shriram Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-04-27. 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 DCM Shriram Industries increase its dividend in 2024?
Decisions regarding DCM Shriram 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 DCM Shriram Industries dividend overview you can look into the above table of dividend history.
How DCM Shriram Industries dividend works?
The DCM Shriram 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 DCM Shriram Industries's dividend process works:

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

1. Record Date: DCM Shriram 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, DCM Shriram 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: DCM Shriram 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 DCM Shriram Industries pay dividends?
DCM Shriram 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 DCM Shriram Industries pay dividends?
The general pattern is that DCM Shriram Industries pays dividends around February. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is DCM Shriram Industries dividend safe?
The safety of DCM Shriram 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 DCM Shriram 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 DCM Shriram 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.