Garware Hi-Tech Films Limited manufactures and sells polyester films in India and internationally. The company offers bi-axially oriented polyethylene terephthalate/polyester films, sun control films, thermal lamination films, and specialty polyester films, as well as heat rejection films, shrink films, and paint protection films. Its polyester films are used in various application, such as label application, electrical cable insulations, graphics, packaging, face shields, thermal, TV screens, etc. The company was formerly known as Garware Polyester Limited and changed its name to Garware Hi-Tech Films Limited in April 2021. Garware Hi-Tech Films Limited was founded in 1933 and is based in Mumbai, India.
Garware Hi-Tech Films Dividend Announcement
• Garware Hi-Tech Films announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-17 • Garware Hi-Tech Films annual dividend for 2024 was ₹10.00 • Garware Hi-Tech Films annual dividend for 2023 was ₹10.00 • Garware Hi-Tech Films's trailing twelve-month (TTM) dividend yield is 0.25%
Garware Hi-Tech Films current trailing twelve-month (TTM) dividend yield is 0.25%. Interested in purchasing Garware Hi-Tech Films stock? Use our calculator to estimate your expected dividend yield:
Garware Hi-Tech Films Financial Ratios
P/E ratio37.40
PEG ratio0.37
P/B ratio4.54
ROE12.49%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Garware Hi-Tech Films Dividend FAQ
How much is the next Garware Hi-Tech Films dividend?
Garware Hi-Tech Films's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Garware Hi-Tech Films dividend. The next Garware Hi-Tech Films dividend will be released in September.
When is Garware Hi-Tech Films dividend paid?
Garware Hi-Tech Films pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Garware Hi-Tech Films pay?
The specific amount of Garware Hi-Tech Films dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Garware Hi-Tech Films's dividend history.
Does Garware Hi-Tech Films stock pay dividends?
Yes, Garware Hi-Tech Films does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Garware Hi-Tech Films's dividend history.
How much dividend does Garware Hi-Tech Films pay?
Garware Hi-Tech Films paid ₹10 in 2024, ₹10 in 2023, ₹20 in 2022, ₹0 in 2021, and ₹0 in 2020.
How often does Garware Hi-Tech Films pay dividends?
Garware Hi-Tech Films typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Garware Hi-Tech Films's dividend yield?
The current dividend yield for Garware Hi-Tech Films is 0.25%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Garware Hi-Tech Films's exact dividend yield.
When does Garware Hi-Tech Films go ex dividend?
Garware Hi-Tech Films's ex-dividend date for the latest dividend was on 2024-09-17. Garware Hi-Tech Films typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Garware Hi-Tech Films dividend paid?
Garware Hi-Tech Films pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Garware Hi-Tech Films increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Garware Hi-Tech Films will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Garware Hi-Tech Films dividend per share?
Garware Hi-Tech Films paid ₹10 per share in 2024 and ₹10 per share in 2023. The amount of dividend per share that Garware Hi-Tech Films pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Garware Hi-Tech Films a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Garware Hi-Tech Films a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Garware Hi-Tech Films a dividend stock?
Yes, Garware Hi-Tech Films is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Garware Hi-Tech Films a good dividend stock?
Whether Garware Hi-Tech Films is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Garware Hi-Tech Films has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Garware Hi-Tech Films 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.
Does Garware Hi-Tech Films pay dividends monthly?
Garware Hi-Tech Films typically pays dividends on a annually basis.
Does Garware Hi-Tech Films pay dividends quarterly?
Garware Hi-Tech Films currently pays dividends on a annually basis.
Has Garware Hi-Tech Films ever paid a dividend?
Yes, Garware Hi-Tech Films has a history of paying dividends to its shareholders. Garware Hi-Tech Films is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Garware Hi-Tech Films dividend stocks?
To buy Garware Hi-Tech Films you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Garware Hi-Tech Films 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.
When does Garware Hi-Tech Films pay dividends 2024?
Garware Hi-Tech Films pays dividends on a annually basis. 2024 dividend payments are in 2024-10-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Garware Hi-Tech Films increase its dividend in 2024?
Decisions regarding Garware Hi-Tech Films dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Garware Hi-Tech Films dividend overview you can look into the above table of dividend history.
How Garware Hi-Tech Films dividend works?
The Garware Hi-Tech Films dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Garware Hi-Tech Films's dividend process works:
1. Determination of Dividend: Garware Hi-Tech Films'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, Garware Hi-Tech Films 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, Garware Hi-Tech Films 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 Garware Hi-Tech Films 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.
How are Garware Hi-Tech Films dividends paid?
Garware Hi-Tech Films dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Garware Hi-Tech Films 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, Garware Hi-Tech Films distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Garware Hi-Tech Films 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.
How many times does Garware Hi-Tech Films pay dividends?
Garware Hi-Tech Films typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Garware Hi-Tech Films pay dividends?
The general pattern is that Garware Hi-Tech Films pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Garware Hi-Tech Films dividend safe?
The safety of Garware Hi-Tech Films's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Garware Hi-Tech Films'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 Garware Hi-Tech Films'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.