Dhampur Sugar Mills Limited, together with its subsidiaries, manufactures and sells sugar and its byproducts in India. The company operates through Sugar, Chemicals, Ethanol, Power, Portable Spirits, and Others. It manufactures and sells refined, white crystal, and raw sugar; chemicals, such as acetal dehyde, acetic anhydride, oxalic acid, and ethyl acetate; ethanol, including RS, ENA, and industrial alcohol; extra neutral alcohol, fuel grade ethanol, potable alcohol, and other allied products; and country liquor. The company also generates power using bagasse and molasses; and sells petrol, agricultural products, and machinery, as well as services related to machinery. In addition, it operates co-generation facilities with a capacity of 121 megawatts. The company was incorporated in 1933 and is based in New Delhi, India.
Dhampur Sugar Mills Dividend Announcement
• Dhampur Sugar Mills announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2023-05-03. Ex dividend date: 2023-04-18
• Dhampur Sugar Mills annual dividend for 2023 was ₹1.00
• Dhampur Sugar Mills's trailing twelve-month (TTM) dividend yield is -%
• Dhampur Sugar Mills's dividend growth over the last five years (2018-2023) was -19.73% year
Dhampur Sugar Mills Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-04-18 | ₹1.00 | annually | 2023-05-03 |
2022-03-30 | ₹6.00 | annually | 2022-04-20 |
2021-02-11 | ₹6.00 | annually | 2021-03-04 |
2020-02-12 | ₹6.00 | annually | 2020-03-03 |
2019-08-23 | ₹3.00 | annually | 2019-10-02 |
2019-02-08 | ₹3.50 | annually | 2019-03-01 |
2018-02-08 | ₹3.00 | annually | 2018-03-02 |
2017-08-16 | ₹3.50 | annually | 2017-09-26 |
2017-02-20 | ₹2.50 | annually | 2017-03-12 |
2013-09-11 | ₹1.25 | annually | 2013-10-20 |
2012-08-21 | ₹1.25 | annually | 2012-09-15 |
2011-07-22 | ₹1.00 | annually | 2011-08-12 |
2010-02-02 | ₹1.50 | annually | 2010-02-10 |
2007-03-07 | ₹1.00 | annually | 2007-03-24 |
Dhampur Sugar Mills Dividend per year
Dhampur Sugar Mills Dividend growth
Dhampur Sugar Mills Dividend Yield
Dhampur Sugar Mills current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dhampur Sugar Mills stock? Use our calculator to estimate your expected dividend yield:
Dhampur Sugar Mills Financial Ratios
Dhampur Sugar Mills Dividend FAQ
Other factors to consider when evaluating Dhampur Sugar Mills 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: Dhampur Sugar Mills'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, Dhampur Sugar Mills 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, Dhampur Sugar Mills 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 Dhampur Sugar Mills 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: Dhampur Sugar Mills 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, Dhampur Sugar Mills distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dhampur Sugar Mills 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 Dhampur Sugar Mills'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 Dhampur Sugar Mills'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.