Dollar Industries Limited manufactures and sells hosiery products in knitted inner wears, casual wears, and thermal wears primarily in India. It offers vests, briefs, trunks, gym wears, socks, tank tops, crew necks, polos, henley, bermudas, capri, track pants, and joggers for men; camisoles, panties, leggings, socks, and casual wears for women; and T-shirts, shorts, track pants, bermudas, capri, socks, and trousers for children, as well as safety mask and PPE suits. The company offers its products under the BigBoss, J-Class, Athleisure, Missy, Champion, Force NXT, Force Gowear, Ultra, Winter care, and Doller Protect brands. It also exports its products in the United Arab Emirates, Oman, Qatar, Kuwait, Bahrain, Yemen, Iraq, Nigeria, Nepal, Myanmar, Jordon, Bangladesh, Georgia, Sri Lanka, and Somalia. Dollar Industries Limited was founded in 1972 and is headquartered in Kolkata, India.
Dollar Industries Dividend Announcement
• Dollar Industries announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-09-01. Ex dividend date: 2024-07-26
• Dollar Industries annual dividend for 2024 was ₹3.00
• Dollar Industries annual dividend for 2023 was ₹3.00
• Dollar Industries's trailing twelve-month (TTM) dividend yield is 0.6%
• Dollar Industries's dividend growth over the last five years (2018-2023) was 13.40% year
Dollar Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | ₹3.00 | annually | 2024-09-01 |
2023-07-27 | ₹3.00 | annually | 2023-09-02 |
2022-07-20 | ₹3.00 | annually | 2022-08-27 |
2021-07-19 | ₹2.40 | annually | 2021-08-27 |
2020-08-24 | ₹1.70 | annually | 2020-10-01 |
2019-08-22 | ₹1.70 | annually | 2019-09-29 |
2018-09-04 | ₹1.60 | annually | 2018-10-12 |
2017-07-31 | ₹5.00 | annually | 2017-09-07 |
Dollar Industries Dividend per year
Dollar Industries Dividend growth
Dollar Industries Dividend Yield
Dollar Industries current trailing twelve-month (TTM) dividend yield is 0.6%. Interested in purchasing Dollar Industries stock? Use our calculator to estimate your expected dividend yield:
Dollar Industries Financial Ratios
Dollar Industries Dividend FAQ
Other factors to consider when evaluating Dollar Industries 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: Dollar Industries'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, Dollar Industries 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, Dollar Industries 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 Dollar Industries 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: Dollar Industries 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, Dollar Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dollar Industries 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 Dollar Industries'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 Dollar Industries'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.