Fineotex Chemical Limited manufactures and sells textile chemicals, and auxiliary and specialty chemicals in India and internationally. The company provides specialty textile chemicals for pretreatment, dyeing, printing, and finishing processes; water treatment chemicals, paper adhesives, and defoamers; various chemicals, such as benzalkonium chloride (BKC), barite, hematite, magnesium chloride, and calcium chloride; water-based drilling fluid chemicals, including clay/shale inhibitors, lubricants, specialty chemicals, spotting fluids, and loss circulation additives, as well as oil-based drilling fluid chemicals. It also offers cleaning, and hygiene products comprising liquid detergents, surface and hand disinfectants, sanitizing tablets, hand sanitizers and wash liquids, multi surface disinfectant liquids, and air fresheners; and white phenyl and detergent cakes. The company's products are used in textile, home care, hygiene, mining, garment, water treatment, leather, construction, paint, agrochemicals, and adhesives sectors. Fineotex Chemical Limited was founded in 1979 and is headquartered in Mumbai, India.
Fineotex Chemical Dividend Announcement
• Fineotex Chemical announced a semi annually dividend of ₹0.40 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-03
• Fineotex Chemical annual dividend for 2024 was ₹1.60
• Fineotex Chemical annual dividend for 2023 was ₹0.80
• Fineotex Chemical's trailing twelve-month (TTM) dividend yield is 0.44%
• Fineotex Chemical's dividend growth over the last five years (2018-2023) was 31.95% year
Fineotex Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | ₹0.40 | semi annually | 2024-09-30 |
2024-02-26 | ₹1.20 | semi annually | |
2023-09-08 | ₹0.80 | semi annually | 2023-10-15 |
2022-07-28 | ₹0.40 | semi annually | 2022-09-04 |
2021-07-08 | ₹0.30 | semi annually | 2021-08-15 |
2020-03-23 | ₹0.05 | semi annually | 2020-04-11 |
2019-09-19 | ₹0.10 | semi annually | 2019-10-27 |
2018-02-21 | ₹0.20 | semi annually | 2018-03-16 |
2017-02-21 | ₹0.10 | semi annually | 2017-03-12 |
2016-03-22 | ₹0.20 | semi annually | 2016-04-13 |
2015-09-21 | ₹0.10 | semi annually | 2015-10-28 |
Fineotex Chemical Dividend per year
Fineotex Chemical Dividend growth
Fineotex Chemical Dividend Yield
Fineotex Chemical current trailing twelve-month (TTM) dividend yield is 0.44%. Interested in purchasing Fineotex Chemical stock? Use our calculator to estimate your expected dividend yield:
Fineotex Chemical Financial Ratios
Fineotex Chemical Dividend FAQ
Other factors to consider when evaluating Fineotex Chemical 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: Fineotex Chemical'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, Fineotex Chemical 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, Fineotex Chemical 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 Fineotex Chemical 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: Fineotex Chemical 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, Fineotex Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fineotex Chemical 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 Fineotex Chemical'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 Fineotex Chemical'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.