Fine Organic Industries Limited engages in manufacture, processing, supply, distribution, and import of oleochemical-based additives in India and internationally. It offers food additives, such as emulsifiers, antifungal additives, and other specialty additive blends; plastic additives, including dispersing agents, processing aids, anti-stats, flow improvers, lubricants, slip additives, and antifogging additives for polymers, polymer compounds and masterbatches, foamed products, PVC products, and engineering plastics; cosmetic and pharmaceutical additives; coating additives; and additives for other specialty application in various industries. The company was founded in 1970 and is headquartered in Mumbai, India.
Fine Organic Industries Dividend Announcement
• Fine Organic Industries announced a semi annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-13
• Fine Organic Industries annual dividend for 2024 was ₹10.00
• Fine Organic Industries annual dividend for 2023 was ₹18.00
• Fine Organic Industries's trailing twelve-month (TTM) dividend yield is 0.2%
• Fine Organic Industries's dividend growth over the last five years (2018-2023) was 20.79% year
Fine Organic Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-13 | ₹10.00 | semi annually | 2024-09-20 |
2023-08-16 | ₹9.00 | semi annually | |
2023-08-14 | ₹9.00 | semi annually | 2023-09-23 |
2022-08-16 | ₹9.00 | semi annually | |
2022-08-11 | ₹9.00 | semi annually | 2022-09-22 |
2021-08-17 | ₹5.00 | semi annually | |
2021-08-13 | ₹6.00 | semi annually | 2021-09-23 |
2020-09-10 | ₹3.00 | semi annually | 2020-10-18 |
2020-02-18 | ₹4.00 | semi annually | 2020-03-12 |
2019-07-25 | ₹7.00 | semi annually | 2019-08-29 |
2018-09-19 | ₹7.00 | semi annually | 2018-10-25 |
Fine Organic Industries Dividend per year
Fine Organic Industries Dividend growth
Fine Organic Industries Dividend Yield
Fine Organic Industries current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing Fine Organic Industries stock? Use our calculator to estimate your expected dividend yield:
Fine Organic Industries Financial Ratios
Fine Organic Industries Dividend FAQ
Other factors to consider when evaluating Fine Organic 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.
Place an order: Use the brokerage's trading platform to place an order to buy Fine Organic Industries 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.
1. Determination of Dividend: Fine Organic 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, Fine Organic 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, Fine Organic 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 Fine Organic 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: Fine Organic 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, Fine Organic 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: Fine Organic 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 Fine Organic 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 Fine Organic 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.