De Nora India Limited manufactures, sells, and services electrolytic products in India and internationally. It is primarily involved in the manufacture and coating of anodes and cathodes for electrolytic processes in the chlor-alkali industry. The company also offers Seaclor, a seawater system; Seaclor Mac, a brine base system; LIDA MMO coated titanium anodes for ICCP; platinized anodes for surface finishing; and Solar MacTM, a system that produces clean water from clean energy. It serves the agriculture and livestock, chlorine and caustic, bleaching chemicals, corrosion prevention, electronics, energy, food, and marine industries. The company was formerly known as Titanor Components Limited and changed its name to De Nora India Limited in June 2007. The company was incorporated in 1989 and is based in Ponda, India. De Nora India Limited is a subsidiary of Oronzio De Nora International B.V.
De Nora India Dividend Announcement
• De Nora India announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-17
• De Nora India annual dividend for 2024 was ₹2.00
• De Nora India annual dividend for 2023 was ₹2.00
• De Nora India's trailing twelve-month (TTM) dividend yield is 0.16%
De Nora India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ₹2.00 | annually | 2024-10-10 |
2023-09-05 | ₹2.00 | annually | 2023-10-12 |
2022-09-20 | ₹1.00 | annually | 2022-10-28 |
2021-09-15 | ₹1.00 | annually | 2021-10-23 |
2018-09-18 | ₹1.00 | annually | 2018-10-15 |
2017-09-19 | ₹2.00 | annually | 2017-10-16 |
2016-09-12 | ₹4.00 | annually | 2016-10-21 |
2015-06-18 | ₹1.50 | annually | 2015-07-14 |
2014-05-08 | ₹4.00 | annually | 2014-06-10 |
2013-05-02 | ₹7.00 | annually | 2013-05-23 |
2012-06-21 | ₹6.00 | annually | 2012-07-18 |
2011-05-12 | ₹5.00 | annually | 2011-06-03 |
De Nora India Dividend per year
De Nora India Dividend growth
De Nora India Dividend Yield
De Nora India current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing De Nora India stock? Use our calculator to estimate your expected dividend yield:
De Nora India Financial Ratios
De Nora India Dividend FAQ
Other factors to consider when evaluating De Nora India 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: De Nora India'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, De Nora India 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, De Nora India 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 De Nora India 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: De Nora India 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, De Nora India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: De Nora India 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 De Nora India'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 De Nora India'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.