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 0.26%
DMCC Speciality Chemicals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | ₹1.00 | annually | 2024-10-04 |
2022-09-06 | ₹1.00 | annually | 2022-10-14 |
DMCC Speciality Chemicals Dividend per year
DMCC Speciality Chemicals Dividend Yield
DMCC Speciality Chemicals current trailing twelve-month (TTM) dividend yield is 0.26%. Interested in purchasing DMCC Speciality Chemicals stock? Use our calculator to estimate your expected dividend yield:
DMCC Speciality Chemicals Financial Ratios
DMCC Speciality Chemicals Dividend FAQ
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.
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