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Divyashakti Ltd. engages in the manufacturing of polished granite slabs. It also manufactures tiles, monuments, and Quartz slabs. The company was founded on June 4, 1991 and is headquartered in Hyderabad, India.

Divyashakti Granites Dividend Announcement

Divyashakti Granites announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-09-17
Divyashakti Granites annual dividend for 2024 was ₹2.00
Divyashakti Granites annual dividend for 2023 was ₹2.00
Divyashakti Granites's trailing twelve-month (TTM) dividend yield is 2.75%
Divyashakti Granites's dividend growth over the last five years (2018-2023) was 5.92% year
Divyashakti Granites's dividend growth over the last ten years (2013-2023) was 2.92% year

Divyashakti Granites Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-17₹2.00annually2024-10-23
2023-09-14₹2.00annually2023-10-21
2022-08-10₹2.00annually2022-09-17
2021-09-21₹1.50annually2021-10-30
2020-09-21₹1.50annually2020-10-30
2019-09-19₹1.50annually2019-10-30
2018-09-19₹1.50annually2018-10-29
2017-09-15₹1.50annually2017-10-25
2016-09-22₹1.50annually
2015-09-22₹1.50annually
2014-09-22₹1.50annually
2013-09-20₹1.50annually

Divyashakti Granites Dividend per year

Divyashakti Granites Dividend growth

Divyashakti Granites Dividend Yield

Divyashakti Granites current trailing twelve-month (TTM) dividend yield is 2.75%. Interested in purchasing Divyashakti Granites stock? Use our calculator to estimate your expected dividend yield:

Divyashakti Granites Financial Ratios

P/E ratio33.10
PEG ratio0.39
P/B ratio0.60
ROE1.83%
Payout ratio0.00%
Current ratio8.05
Quick ratio7.42
Cash Ratio0.57

Divyashakti Granites Dividend FAQ

How much is the next Divyashakti Granites dividend?
Divyashakti Granites's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Divyashakti Granites dividend. The next Divyashakti Granites dividend will be released in September.
When is Divyashakti Granites dividend paid?
Divyashakti Granites pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Divyashakti Granites pay?
The specific amount of Divyashakti Granites 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 Divyashakti Granites's dividend history.
Does Divyashakti Granites stock pay dividends?
Yes, Divyashakti Granites 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 Divyashakti Granites's dividend history.
How much dividend does Divyashakti Granites pay?
Divyashakti Granites paid ₹2.0 in 2024, ₹2.0 in 2023, ₹2.0 in 2022, ₹1.5 in 2021, and ₹1.5 in 2020.
How often does Divyashakti Granites pay dividends?
Divyashakti Granites 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 September.
What is Divyashakti Granites's dividend yield?
The current dividend yield for Divyashakti Granites is 2.75%. 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 Divyashakti Granites's exact dividend yield.
When does Divyashakti Granites go ex dividend?
Divyashakti Granites's ex-dividend date for the latest dividend was on 2024-09-17. Divyashakti Granites 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 Divyashakti Granites dividend paid?
Divyashakti Granites pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Divyashakti Granites 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 Divyashakti Granites 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 Divyashakti Granites dividend per share?
Divyashakti Granites paid ₹2.0 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Divyashakti Granites 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 Divyashakti Granites 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 Divyashakti Granites 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 Divyashakti Granites a dividend stock?
Yes, Divyashakti Granites is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Divyashakti Granites a good dividend stock?
Whether Divyashakti Granites is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Divyashakti Granites has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Divyashakti Granites 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 Divyashakti Granites pay dividends monthly?
Divyashakti Granites typically pays dividends on a annually basis.
Does Divyashakti Granites pay dividends quarterly?
Divyashakti Granites currently pays dividends on a annually basis.
Has Divyashakti Granites ever paid a dividend?
Yes, Divyashakti Granites has a history of paying dividends to its shareholders. Divyashakti Granites is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Divyashakti Granites dividend stocks?
To buy Divyashakti Granites 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 Divyashakti Granites 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 Divyashakti Granites pay dividends 2024?
Divyashakti Granites pays dividends on a annually basis. 2024 dividend payments are in 2024-10-23. 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 Divyashakti Granites increase its dividend in 2024?
Decisions regarding Divyashakti Granites 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 Divyashakti Granites dividend overview you can look into the above table of dividend history.
How Divyashakti Granites dividend works?
The Divyashakti Granites 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 Divyashakti Granites's dividend process works:

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

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

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