Donear Industries Limited engages in the manufacture and sale of suitings, trousers, and shirting fabrics for men and women in India and internationally. It operates in two segments, Manufacturing and Dealing in Textiles; and Rental Property. The company's products include polyester viscose blended fabrics, polyester cotton blended fabrics, polyester fabrics, and cotton plain and yarn dyed shirting fabrics and bottomwear, as well as polyester wool, wool rich, and all wool fabrics. It offers fabrics under the Donear brand; and garments under the Dcot brand. The company markets and sells its products through a sales network consisting of 115 agents; 629 wholesalers; and 24,000 over the counter multi brand retail outlets in 29 states and 7 Union Territories of India. It also exports various blends of fabrics, including wool, polyester/viscose, polyester/wool, polyester/cotton, poly/visc/cotton, poly/visc/lycra, poly/wool/lycra, cotton, linen cotton, linen, and cotton modal to wholesalers, distributors, garment manufacturers, retailers, buying houses, and departmental stores in approximately 37 countries worldwide. Donear Industries Limited was founded in 1977 and is based in Mumbai, India.
Donear Industries Dividend Announcement
• Donear Industries announced a annually dividend of ₹0.20 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-20
• Donear Industries annual dividend for 2024 was ₹0.20
• Donear Industries annual dividend for 2023 was ₹0.20
• Donear Industries's trailing twelve-month (TTM) dividend yield is 0.15%
Donear Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹0.20 | annually | 2024-10-27 |
2023-09-18 | ₹0.20 | annually | 2023-10-25 |
2022-09-13 | ₹0.20 | annually | 2022-10-21 |
2021-09-13 | ₹0.20 | annually | 2021-10-21 |
2020-09-17 | ₹0.20 | annually | 2020-10-25 |
2019-09-13 | ₹0.20 | annually | 2019-10-23 |
2018-09-18 | ₹0.20 | annually | 2018-10-29 |
2017-09-12 | ₹0.20 | annually | 2017-10-22 |
2016-09-12 | ₹0.20 | annually | 2016-10-24 |
2015-09-15 | ₹0.20 | annually | 2015-10-26 |
2014-09-16 | ₹0.20 | annually | |
2014-09-11 | ₹0.20 | annually | |
2013-09-19 | ₹0.20 | annually | 2013-10-28 |
Donear Industries Dividend per year
Donear Industries Dividend growth
Donear Industries Dividend Yield
Donear Industries current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Donear Industries stock? Use our calculator to estimate your expected dividend yield:
Donear Industries Financial Ratios
Donear Industries Dividend FAQ
Other factors to consider when evaluating Donear 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: Donear 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, Donear 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, Donear 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 Donear 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: Donear 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, Donear 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: Donear 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 Donear 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 Donear 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.