Dutron Polymers Ltd. engages in the manufacture of plastic pipes and fitting systems. The firm offers suction and braided hose, uPVC and CPVC pipes and fittings, HDPE pipes and sheets, corrugated pipes, and water tanks. It serves the civil, industries, utilities, and building and construction markets. The company was founded by Bipinbhai Patel and Hasmukhlal Patel in 1962 and is headquartered in Ahmedabad, India.
Dutron Polymers Dividend Announcement
• Dutron Polymers announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-08-11. Ex dividend date: 2024-07-05 • Dutron Polymers annual dividend for 2024 was ₹1.50 • Dutron Polymers annual dividend for 2023 was ₹1.40 • Dutron Polymers's trailing twelve-month (TTM) dividend yield is 0.81%
Dutron Polymers current trailing twelve-month (TTM) dividend yield is 0.81%. Interested in purchasing Dutron Polymers stock? Use our calculator to estimate your expected dividend yield:
Dutron Polymers Financial Ratios
P/E ratio44.66
PEG ratio-3.89
P/B ratio3.91
ROE9.17%
Payout ratio0.00%
Current ratio4.81
Quick ratio2.26
Cash Ratio0.28
Dutron Polymers Dividend FAQ
How much is the next Dutron Polymers dividend?
Dutron Polymers's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dutron Polymers dividend. The next Dutron Polymers dividend will be released in June.
When is Dutron Polymers dividend paid?
Dutron Polymers pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Dutron Polymers pay?
The specific amount of Dutron Polymers 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 Dutron Polymers's dividend history.
Does Dutron Polymers stock pay dividends?
Yes, Dutron Polymers 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 Dutron Polymers's dividend history.
How much dividend does Dutron Polymers pay?
Dutron Polymers paid ₹1.5 in 2024, ₹1.4 in 2023, ₹1.4 in 2022, ₹1.2 in 2021, and ₹1.2 in 2020.
How often does Dutron Polymers pay dividends?
Dutron Polymers 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 June.
What is Dutron Polymers's dividend yield?
The current dividend yield for Dutron Polymers is 0.81%. 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 Dutron Polymers's exact dividend yield.
When does Dutron Polymers go ex dividend?
Dutron Polymers's ex-dividend date for the latest dividend was on 2024-07-05. Dutron Polymers 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 Dutron Polymers dividend paid?
Dutron Polymers pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Dutron Polymers 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 Dutron Polymers 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 Dutron Polymers dividend per share?
Dutron Polymers paid ₹1.5 per share in 2024 and ₹1.4 per share in 2023. The amount of dividend per share that Dutron Polymers 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 Dutron Polymers 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 Dutron Polymers 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 Dutron Polymers a dividend stock?
Yes, Dutron Polymers is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dutron Polymers a good dividend stock?
Whether Dutron Polymers is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dutron Polymers has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Dutron Polymers 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 Dutron Polymers pay dividends monthly?
Dutron Polymers typically pays dividends on a annually basis.
Does Dutron Polymers pay dividends quarterly?
Dutron Polymers currently pays dividends on a annually basis.
Has Dutron Polymers ever paid a dividend?
Yes, Dutron Polymers has a history of paying dividends to its shareholders. Dutron Polymers is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dutron Polymers dividend stocks?
To buy Dutron Polymers 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 Dutron Polymers 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 Dutron Polymers pay dividends 2024?
Dutron Polymers pays dividends on a annually basis. 2024 dividend payments are in 2024-08-11. 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 Dutron Polymers increase its dividend in 2024?
Decisions regarding Dutron Polymers 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 Dutron Polymers dividend overview you can look into the above table of dividend history.
How Dutron Polymers dividend works?
The Dutron Polymers 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 Dutron Polymers's dividend process works:
1. Determination of Dividend: Dutron Polymers'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, Dutron Polymers 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, Dutron Polymers 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 Dutron Polymers 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 Dutron Polymers dividends paid?
Dutron Polymers dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Dutron Polymers 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, Dutron Polymers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dutron Polymers 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 Dutron Polymers pay dividends?
Dutron Polymers 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 Dutron Polymers pay dividends?
The general pattern is that Dutron Polymers pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dutron Polymers dividend safe?
The safety of Dutron Polymers'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 Dutron Polymers'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 Dutron Polymers'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.