Filatex India Limited manufactures and sells polyester filament yarn primarily in India. The company offers partially oriented yarns (POY) that are used in shirting and suiting, sarees and ladies' dress wear, and draw warping for weaving and warp knitting of fabrics; full drawn yarns (FDY) for use in making apparel, fashion fabrics, sportswear, home furnishing fabrics, upholstery, and car seat covers; and polyethylene terephthalate chips that are used for making polyester yarn, such as POY and FDY. It also provides drawn textured yarns for use in manufacturing fabrics, such as outer and inner garments, skin-clinging garments, furnishings, seat covers, bags, upholstery, etc.; air textured yarns that are used to make automotive products, furnishing fabrics, sewing threads, shirting and blouses, shoelaces, and tarpaulins; and polypropylene yarns for use in the stitching of socks, undergarments, sportswear, woven sacks, geotextiles, sofa sets, safety belts, sewing thread, and rope. In addition, the company offers narrow woven fabrics that are used in the garment industry for hats, corsets and lingerie, and military uniforms; and specialty products, which include Filigree, Ocean, Chubby Yarn, Cotslon, Soie Fil, and Flexi Fil. Further, it exports its products to approximately 45 countries. Filatex India Limited was incorporated in 1990 and is headquartered in New Delhi, India.
Filatex India Dividend Announcement
• Filatex India 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
• Filatex India annual dividend for 2024 was ₹0.20
• Filatex India annual dividend for 2023 was ₹0.15
• Filatex India's trailing twelve-month (TTM) dividend yield is 0.33%
Filatex India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹0.20 | annually | 2024-10-27 |
2023-09-20 | ₹0.15 | annually | 2023-10-27 |
2022-09-19 | ₹0.05 | annually | 2022-10-27 |
2021-09-08 | ₹0.10 | annually | 2021-10-24 |
2012-09-20 | ₹0.12 | annually | 2012-10-27 |
Filatex India Dividend per year
Filatex India Dividend growth
Filatex India Dividend Yield
Filatex India current trailing twelve-month (TTM) dividend yield is 0.33%. Interested in purchasing Filatex India stock? Use our calculator to estimate your expected dividend yield:
Filatex India Financial Ratios
Filatex India Dividend FAQ
Other factors to consider when evaluating Filatex India 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: Filatex India'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, Filatex India 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, Filatex India 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 Filatex India 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: Filatex India 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, Filatex India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Filatex India 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 Filatex India'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 Filatex India'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.