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Deepak Nitrite Limited manufactures and sells basic chemicals, fine and speciality chemicals, performance products, and phenolics in India. The company offers intermediates for colorants, rubber chemicals, explosives, dyes, pigments, food colors, pharmaceuticals, petrol and diesel blending, and agrochemicals. It also provides products for agro-chemicals, colorants, pigments, pharmaceuticals, and personal wellness products. In addition, the company offers optical brighteners; and products for paper, detergent, coating, and textile industries. Further, it provides phenols, cumene, isopropyl alcohol, and acetone. The company also exports its products primarily to Europe, the United States, Japan, Latin America, the Middle East, and the Far East. Deepak Nitrite Limited was incorporated in 1970 and is headquartered in Vadodara, India.

Deepak Nitrite Dividend Announcement

Deepak Nitrite announced a annually dividend of ₹7.50 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-07-29
Deepak Nitrite annual dividend for 2024 was ₹7.50
Deepak Nitrite annual dividend for 2023 was ₹7.50
Deepak Nitrite's trailing twelve-month (TTM) dividend yield is 0.28%
Deepak Nitrite's dividend growth over the last five years (2018-2023) was 41.98% year
Deepak Nitrite's dividend growth over the last ten years (2013-2023) was 34.06% year

Deepak Nitrite Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-29₹7.50annually2024-09-05
2023-07-27₹7.50annually2023-09-03
2022-07-25₹7.00annually2022-09-02
2021-07-20₹1.00annually2021-08-29
2020-03-16₹4.50annually2020-04-03
2019-06-19₹2.00annually2019-07-28
2018-07-25₹1.30annually2018-09-02
2017-06-15₹1.20annually2017-07-26
2016-07-28₹1.20annually2016-08-01
2015-07-30₹1.00annually2015-09-06
2014-07-31₹1.00annually2014-09-07
2013-07-23₹0.40annually2013-09-01

Deepak Nitrite Dividend per year

Deepak Nitrite Dividend growth

Deepak Nitrite Dividend Yield

Deepak Nitrite current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing Deepak Nitrite stock? Use our calculator to estimate your expected dividend yield:

Deepak Nitrite Financial Ratios

P/E ratio42.86
PEG ratio0.43
P/B ratio7.18
ROE17.90%
Payout ratio0.00%
Current ratio3.80
Quick ratio2.71
Cash Ratio0.04

Deepak Nitrite Dividend FAQ

How much is the next Deepak Nitrite dividend?
Deepak Nitrite's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Deepak Nitrite dividend. The next Deepak Nitrite dividend will be released in July.
When is Deepak Nitrite dividend paid?
Deepak Nitrite pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Deepak Nitrite pay?
The specific amount of Deepak Nitrite 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 Deepak Nitrite's dividend history.
Does Deepak Nitrite stock pay dividends?
Yes, Deepak Nitrite 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 Deepak Nitrite's dividend history.
How much dividend does Deepak Nitrite pay?
Deepak Nitrite paid ₹7.5 in 2024, ₹7.5 in 2023, ₹7.0 in 2022, ₹1.0 in 2021, and ₹4.5 in 2020.
How often does Deepak Nitrite pay dividends?
Deepak Nitrite 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 July.
What is Deepak Nitrite's dividend yield?
The current dividend yield for Deepak Nitrite is 0.28%. 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 Deepak Nitrite's exact dividend yield.
When does Deepak Nitrite go ex dividend?
Deepak Nitrite's ex-dividend date for the latest dividend was on 2024-07-29. Deepak Nitrite 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 Deepak Nitrite dividend paid?
Deepak Nitrite pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Deepak Nitrite 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 Deepak Nitrite 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 Deepak Nitrite dividend per share?
Deepak Nitrite paid ₹7.5 per share in 2024 and ₹7.5 per share in 2023. The amount of dividend per share that Deepak Nitrite 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 Deepak Nitrite 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 Deepak Nitrite 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 Deepak Nitrite a dividend stock?
Yes, Deepak Nitrite is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Deepak Nitrite a good dividend stock?
Whether Deepak Nitrite is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Deepak Nitrite has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Deepak Nitrite 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 Deepak Nitrite pay dividends monthly?
Deepak Nitrite typically pays dividends on a annually basis.
Does Deepak Nitrite pay dividends quarterly?
Deepak Nitrite currently pays dividends on a annually basis.
Has Deepak Nitrite ever paid a dividend?
Yes, Deepak Nitrite has a history of paying dividends to its shareholders. Deepak Nitrite is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Deepak Nitrite dividend stocks?
To buy Deepak Nitrite 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 Deepak Nitrite 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 Deepak Nitrite pay dividends 2024?
Deepak Nitrite pays dividends on a annually basis. 2024 dividend payments are in 2024-09-05. 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 Deepak Nitrite increase its dividend in 2024?
Decisions regarding Deepak Nitrite 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 Deepak Nitrite dividend overview you can look into the above table of dividend history.
How Deepak Nitrite dividend works?
The Deepak Nitrite 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 Deepak Nitrite's dividend process works:

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

1. Record Date: Deepak Nitrite 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, Deepak Nitrite distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Deepak Nitrite 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 Deepak Nitrite pay dividends?
Deepak Nitrite 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 Deepak Nitrite pay dividends?
The general pattern is that Deepak Nitrite pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Deepak Nitrite dividend safe?
The safety of Deepak Nitrite'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 Deepak Nitrite'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 Deepak Nitrite'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.