Dhampur Bio Organics Limited, an integrated sugarcane processing company, engages in the manufacture and sale of refined and raw sugar, biofuels, biomass based renewable power, and other related products in India. It also offers alcoholic beverage with 25% and 36% alcohol content; and ENA, a food-grade alcohol, as well as bagasse and organic fertilizer. The company was incorporated in 2020 and is based in New Delhi, India.
Dhampur Bio Organics Dividend Announcement
• Dhampur Bio Organics announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-08-04. Ex dividend date: 2024-06-28
• Dhampur Bio Organics annual dividend for 2024 was ₹2.50
• Dhampur Bio Organics annual dividend for 2023 was ₹3.50
• Dhampur Bio Organics's trailing twelve-month (TTM) dividend yield is 1.97%
Dhampur Bio Organics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | ₹2.50 | annually | 2024-08-04 |
2023-06-23 | ₹3.50 | annually | 2023-07-30 |
Dhampur Bio Organics Dividend per year
Dhampur Bio Organics Dividend Yield
Dhampur Bio Organics current trailing twelve-month (TTM) dividend yield is 1.97%. Interested in purchasing Dhampur Bio Organics stock? Use our calculator to estimate your expected dividend yield:
Dhampur Bio Organics Financial Ratios
Dhampur Bio Organics Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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