Table of Contents

company-logo

DMCC Speciality Chemicals Limited, together with its subsidiary, manufactures and sells specialty and commodity chemicals in India and internationally. The company offers sulphur, boron, functional, and life science chemicals. Its products are used in various applications in agro, construction, cosmetic, detergent, dye, electroplating, emulsion, fertilizer, fire retardant, ink, paper, pharmaceutical intermediate, pigment, polymer, textile processing, thermal paper coating, and water treatment markets. The company was formerly known as The Dharamsi Morarji Chemical Company Limited. DMCC Speciality Chemicals Limited was incorporated in 1919 and is headquartered in Mumbai, India.

DMCC Speciality Chemicals Dividend Announcement

• DMCC Speciality Chemicals announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-08-28
• DMCC Speciality Chemicals annual dividend for 2024 was ₹1.00
• DMCC Speciality Chemicals's trailing twelve-month (TTM) dividend yield is 0.39%

DMCC Speciality Chemicals Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-28₹1.00annually2024-10-04
2022-09-06₹1.00annually2022-10-14

DMCC Speciality Chemicals Dividend per year

DMCC Speciality Chemicals Dividend Yield

DMCC Speciality Chemicals current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing DMCC Speciality Chemicals stock? Use our calculator to estimate your expected dividend yield:

DMCC Speciality Chemicals Financial Ratios

P/E ratio65.68
PEG ratio3.61
P/B ratio3.08
ROE4.82%
Payout ratio0.00%
Current ratio1.08
Quick ratio0.67
Cash Ratio0.03

DMCC Speciality Chemicals Dividend FAQ

Does DMCC Speciality Chemicals stock pay dividends?
DMCC Speciality Chemicals does not currently pay dividends to its shareholders.
Has DMCC Speciality Chemicals ever paid a dividend?
No, DMCC Speciality Chemicals has no a history of paying dividends to its shareholders. DMCC Speciality Chemicals is not known for its dividend payments.
Why doesn't DMCC Speciality Chemicals pay dividends?
There are several potential reasons why DMCC Speciality 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 DMCC Speciality 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 DMCC Speciality 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 DMCC Speciality Chemicals a dividend aristocrat?
DMCC Speciality 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 DMCC Speciality Chemicals a dividend king?
DMCC Speciality 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 DMCC Speciality Chemicals a dividend stock?
No, DMCC Speciality 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 DMCC Speciality Chemicals stocks?
To buy DMCC Speciality 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 DMCC Speciality 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.