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Diamines and Chemicals Limited manufactures and sells organic chemical compounds in India. The company's products include piperazine anhydrous, ethylenediamine, diethylenetriamine, aminoethylpiperazine, triethylenetetramine, tetraethylenepentamine, polyethylene polyamine-mix, monoethanol amine, triethylenediamine, diaminopropane, dipropylene triamine, diacetyl ethylenediamine, tetracetyl ethylenediamine, tetra methyl ethylenediamine, and amine mixture, as well as piperazine derivatives. It exports its chemical products. The company was incorporated in 1976 and is based in Vadodara, India.

Diamines and Chemicals Dividend Announcement

• Diamines and Chemicals announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-08-31. Ex dividend date: 2024-07-25
• Diamines and Chemicals annual dividend for 2024 was ₹2.50
• Diamines and Chemicals annual dividend for 2023 was ₹3.00
• Diamines and Chemicals's trailing twelve-month (TTM) dividend yield is 0.49%

Diamines and Chemicals Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-25₹2.50annually2024-08-31
2023-06-13₹3.00annually2023-07-21

Diamines and Chemicals Dividend per year

Diamines and Chemicals Dividend Yield

Diamines and Chemicals current trailing twelve-month (TTM) dividend yield is 0.49%. Interested in purchasing Diamines and Chemicals stock? Use our calculator to estimate your expected dividend yield:

Diamines and Chemicals Financial Ratios

P/E ratio74.85
PEG ratio5.22
P/B ratio3.39
ROE9.22%
Payout ratio0.00%
Current ratio7.29
Quick ratio5.61
Cash Ratio3.68

Diamines and Chemicals Dividend FAQ

Does Diamines and Chemicals stock pay dividends?
Diamines and Chemicals does not currently pay dividends to its shareholders.
Has Diamines and Chemicals ever paid a dividend?
No, Diamines and Chemicals has no a history of paying dividends to its shareholders. Diamines and Chemicals is not known for its dividend payments.
Why doesn't Diamines and Chemicals pay dividends?
There are several potential reasons why Diamines and Chemicals would choose not to pay dividends to their shareholders:

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.
Will Diamines and Chemicals ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Diamines and Chemicals has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Diamines and Chemicals a dividend aristocrat?
Diamines and Chemicals is not considered a Dividend Aristocrat. 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 Diamines and Chemicals a dividend king?
Diamines and Chemicals is not classified as a "Dividend King". 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 Diamines and Chemicals a dividend stock?
No, Diamines and Chemicals is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Diamines and Chemicals stocks?
To buy Diamines and Chemicals 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Diamines and Chemicals 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.