Ester Industries Limited manufactures and sells polyester films and engineering plastics in India and internationally. The company offers polyester films comprising special chemical coated, metalized high barrier, metalized ultra-high barrier, transparent high barrier, isotropic, heat seal, retort, shrink sleeve, matte, UV stabilized, white opaque, gold, embossable, high clear, high friction, insulation, twist, and antistatic films, as well as printing, converting, and metallizing films. It also provides engineering plastics products under the Estoplast brand, such as poly amides-based compounds; thermoplastics polyamide; thermoplastic polyester polybutylene terephthalate resins-based compounds; polycarbonate based compounds; thermoplastic polyester polyethylene terephthalate (pet) resins and pet based compounds; acrylonitrile butadiene styrene based compounds; polyoxymethelene based compounds; and blends/alloys. In addition, the company offers specialty polymers comprising masterbatches; technical yarns; textile grades for textile application; PET for food and packaging applications; and polyester chips. It serves the food packaging, beverage packaging, home and personal care, industrial packaging, construction, identification and security, automotive, electrical and electronics, appliance, consumer and industrial goods, optical fiber cable, carpet industry, and textile industry markets. Ester Industries Limited was incorporated in 1985 and is headquartered in Gurugram, India. Ester Industries Limited is a subsidiary of Wilemina Finance Corporation.
Ester Industries Dividend Announcement
• Ester Industries announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2023-10-25. Ex dividend date: 2023-09-20
• Ester Industries annual dividend for 2023 was ₹0.50
• Ester Industries's trailing twelve-month (TTM) dividend yield is -%
Ester Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-20 | ₹0.50 | annually | 2023-10-25 |
2022-09-20 | ₹1.90 | annually | 2022-10-26 |
2021-11-22 | ₹1.40 | annually | 2021-12-11 |
2021-09-17 | ₹1.90 | annually | 2021-10-25 |
2020-11-02 | ₹1.50 | annually | 2020-11-25 |
2020-08-20 | ₹2.50 | annually | 2020-09-26 |
2019-09-06 | ₹0.50 | annually | 2019-10-16 |
2014-09-11 | ₹0.50 | annually | 2014-10-10 |
2011-07-13 | ₹2.00 | annually |
Ester Industries Dividend per year
Ester Industries Dividend growth
Ester Industries Dividend Yield
Ester Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ester Industries stock? Use our calculator to estimate your expected dividend yield:
Ester Industries Financial Ratios
Ester Industries Dividend FAQ
Other factors to consider when evaluating Ester 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: Ester 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, Ester 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, Ester 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 Ester 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: Ester 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, Ester 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: Ester 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 Ester 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 Ester 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.