DIC India Limited engages in the manufacture and sale of printing inks in India. It operates in two segments, Printing Inks and Lamination Adhesives. The company offers news, offset, gravure, flexographic, and specialty inks; lamination adhesives; packaging solutions; and UV inks and coating products. It serves newspapers, magazines, conversion agents, and printing and packaging industries. The company was formerly known as Coates of India Limited and changed its name to DIC India Limited in August 2004. DIC India Limited was founded in 1937 and is based in Noida, India. DIC India Limited is a subsidiary of DIC Asia Pacific Pte Limited.
DIC India Dividend Announcement
• DIC India announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2023-04-21. Ex dividend date: 2023-03-15
• DIC India annual dividend for 2023 was ₹2.00
• DIC India's trailing twelve-month (TTM) dividend yield is -%
DIC India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-03-15 | ₹2.00 | annually | 2023-04-21 |
2022-03-14 | ₹2.00 | annually | 2022-04-21 |
2021-03-10 | ₹6.00 | annually | 2021-04-18 |
2020-06-10 | ₹4.50 | annually | |
2020-06-04 | ₹4.50 | annually | 2020-07-12 |
2020-04-08 | ₹4.50 | annually | |
2017-03-14 | ₹4.00 | annually | 2017-04-23 |
2016-04-12 | ₹4.00 | annually | |
2014-06-16 | ₹4.00 | annually | 2014-07-27 |
2013-04-02 | ₹4.00 | annually | 2013-05-12 |
2012-05-17 | ₹4.00 | annually | 2012-06-28 |
2011-04-15 | ₹1.00 | annually | 2011-05-05 |
2010-05-20 | ₹4.00 | annually | 2010-07-02 |
2009-04-28 | ₹3.50 | annually | 2009-06-01 |
DIC India Dividend per year
DIC India Dividend growth
DIC India Dividend Yield
DIC India current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing DIC India stock? Use our calculator to estimate your expected dividend yield:
DIC India Financial Ratios
DIC India Dividend FAQ
Other factors to consider when evaluating DIC 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: DIC 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, DIC 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, DIC 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 DIC 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: DIC 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, DIC 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: DIC 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 DIC 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 DIC 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.