Ganesha Ecosphere Limited primarily manufactures and sells recycled polyester staple fiber in India and internationally. The company also provides dyed texturized/twisted filament yarns and spun yarns. Its products are used in the manufacture of textiles, such as T-shirts, body warmers, sarees and dress materials, etc.; functional textiles, including non-woven air filter fabric, geo textiles, carpets, and car upholstery; fillings for pillows, duvets, toys; sewing threads; and hosiery. Ganesha Ecosphere Limited also exports its products. The company was formerly known as Ganesh Polytex Ltd. and changed its name to Ganesha Ecosphere Limited in September 2011. Ganesha Ecosphere Limited was incorporated in 1987 and is based in Kanpur, India.
Ganesha Ecosphere Dividend Announcement
• Ganesha Ecosphere announced a semi annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-12-12. Ex dividend date: 2024-11-26
• Ganesha Ecosphere annual dividend for 2024 was ₹4.50
• Ganesha Ecosphere annual dividend for 2023 was ₹2.00
• Ganesha Ecosphere's trailing twelve-month (TTM) dividend yield is 0.13%
• Ganesha Ecosphere's dividend growth over the last five years (2018-2023) was 5.92% year
Ganesha Ecosphere Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-26 | ₹1.50 | semi annually | 2024-12-12 |
2024-09-03 | ₹3.00 | semi annually | 2024-10-10 |
2023-09-14 | ₹2.00 | semi annually | 2023-10-21 |
2022-09-22 | ₹2.00 | semi annually | 2022-10-30 |
2021-08-26 | ₹2.00 | semi annually | 2021-10-04 |
2020-09-14 | ₹2.00 | semi annually | 2020-10-22 |
2019-08-28 | ₹2.00 | semi annually | 2019-10-05 |
2018-09-07 | ₹1.50 | semi annually | 2018-10-15 |
2017-09-15 | ₹1.20 | semi annually | 2017-10-25 |
2016-08-31 | ₹1.20 | semi annually | 2016-10-08 |
2015-09-10 | ₹1.20 | semi annually | 2015-09-24 |
Ganesha Ecosphere Dividend per year
Ganesha Ecosphere Dividend growth
Ganesha Ecosphere Dividend Yield
Ganesha Ecosphere current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing Ganesha Ecosphere stock? Use our calculator to estimate your expected dividend yield:
Ganesha Ecosphere Financial Ratios
Ganesha Ecosphere Dividend FAQ
Other factors to consider when evaluating Ganesha Ecosphere 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: Ganesha Ecosphere'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, Ganesha Ecosphere 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, Ganesha Ecosphere 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 Ganesha Ecosphere 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: Ganesha Ecosphere 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, Ganesha Ecosphere distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ganesha Ecosphere 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 Ganesha Ecosphere'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 Ganesha Ecosphere'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.