Garware Technical Fibres Limited manufactures and sells various technical textile products in India and internationally. It operates through two segments, Synthetic Cordage; and Fibre and Industrial Products and Projects. It offers fishing nets, ropes, and twines for the deep-sea fishing industry; aquaculture cages and predator systems; synthetic ropes for power transmission and marine hawsers for shipping, mooring, and towing applications; and yarn and thread solutions for various applications, such as portable bag closing machines and port bagging threads, shoe stitching, and manufacture of fibrillated bulk containers under the Garlon brand. The company also provides sports products, including soccer, soccer ball carry, tennis, handball, volleyball, beach volleyball, SKI, swimming pool, hockey, ice hockey, basketball, golf, badminton, and cricket nets, as well as baseball batting cage, rapelling, slithering, and fitness rope/battle ropes under Sportiva brand name; coated fabric products for use in truck tarpaulins, awnings, tents, hangar covers, inflatable bouncies, bio gas covers, trailer curtains, oil booms, and other applications; and agricultural products comprising agriculture shade, sericulture, insect, fencing, floriculture, crop support, grape, and anti-bird nets, as well as staking cords. In addition, it offers geo-synthetics products for use in field of civil engineering and infrastructure development. The company was formerly known as Garware-Wall Ropes Limited and changed its name to Garware Technical Fibres Limited in July 2018. Garware Technical Fibres Limited was incorporated in 1976 and is headquartered in Pune, India.
Garware Technical Fibres Dividend Announcement
• Garware Technical Fibres announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-10-19. Ex dividend date: 2024-09-12
• Garware Technical Fibres annual dividend for 2024 was ₹3.00
• Garware Technical Fibres annual dividend for 2023 was ₹3.50
• Garware Technical Fibres's trailing twelve-month (TTM) dividend yield is 0.06%
• Garware Technical Fibres's dividend growth over the last five years (2018-2023) was -4.90% year
• Garware Technical Fibres's dividend growth over the last ten years (2013-2023) was 3.42% year
Garware Technical Fibres Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-12 | ₹3.00 | annually | 2024-10-19 |
| 2023-09-11 | ₹3.50 | annually | 2023-10-18 |
| 2022-09-05 | ₹7.00 | annually | 2022-10-13 |
| 2021-09-08 | ₹2.50 | annually | 2021-10-16 |
| 2020-03-20 | ₹7.00 | annually | 2020-03-30 |
| 2019-09-06 | ₹5.00 | annually | 2019-10-17 |
| 2018-08-30 | ₹4.50 | annually | 2018-10-11 |
| 2017-07-27 | ₹3.50 | annually | 2017-09-03 |
| 2016-08-02 | ₹3.30 | annually | 2016-09-03 |
| 2015-08-25 | ₹3.00 | annually | 2015-10-02 |
| 2014-09-18 | ₹2.70 | annually | 2014-10-25 |
| 2013-08-22 | ₹2.50 | annually | 2013-10-03 |
Garware Technical Fibres Dividend per year
Garware Technical Fibres Dividend growth
Garware Technical Fibres Dividend Yield
Garware Technical Fibres current trailing twelve-month (TTM) dividend yield is 0.06%. Interested in purchasing Garware Technical Fibres stock? Use our calculator to estimate your expected dividend yield:
Garware Technical Fibres Financial Ratios
P/E ratio41.62
PEG ratio0.42
P/B ratio8.36
ROE19.63%
Payout ratio0.00%
Current ratio1.73
Quick ratio1.08
Cash Ratio0.06
Garware Technical Fibres Dividend FAQ
How much is the next Garware Technical Fibres dividend?
Garware Technical Fibres'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 Technical Fibres dividend. The next Garware Technical Fibres dividend will be released in September.
When is Garware Technical Fibres dividend paid?
Garware Technical Fibres 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 Technical Fibres pay?
The specific amount of Garware Technical Fibres 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 Technical Fibres's dividend history.
Does Garware Technical Fibres stock pay dividends?
Yes, Garware Technical Fibres 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 Technical Fibres's dividend history.
How much dividend does Garware Technical Fibres pay?
Garware Technical Fibres paid ₹3.0 in 2024, ₹3.5 in 2023, ₹7.0 in 2022, ₹2.5 in 2021, and ₹7.0 in 2020.
How often does Garware Technical Fibres pay dividends?
Garware Technical Fibres 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 Technical Fibres's dividend yield?
The current dividend yield for Garware Technical Fibres is 0.06%. 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 Technical Fibres's exact dividend yield.
When does Garware Technical Fibres go ex dividend?
Garware Technical Fibres's ex-dividend date for the latest dividend was on 2024-09-12. Garware Technical Fibres 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 Technical Fibres dividend paid?
Garware Technical Fibres pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Garware Technical Fibres 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 Technical Fibres 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 Technical Fibres dividend per share?
Garware Technical Fibres paid ₹3.0 per share in 2024 and ₹3.5 per share in 2023. The amount of dividend per share that Garware Technical Fibres 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 Technical Fibres 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 Technical Fibres 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 Technical Fibres a dividend stock?
Yes, Garware Technical Fibres is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Garware Technical Fibres a good dividend stock?
Whether Garware Technical Fibres 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 Technical Fibres has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Garware Technical Fibres 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.
Other factors to consider when evaluating Garware Technical Fibres 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 Technical Fibres pay dividends monthly?
Garware Technical Fibres typically pays dividends on a annually basis.
Does Garware Technical Fibres pay dividends quarterly?
Garware Technical Fibres currently pays dividends on a annually basis.
Has Garware Technical Fibres ever paid a dividend?
Yes, Garware Technical Fibres has a history of paying dividends to its shareholders. Garware Technical Fibres is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Garware Technical Fibres dividend stocks?
To buy Garware Technical Fibres 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 Technical Fibres 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.
Place an order: Use the brokerage's trading platform to place an order to buy Garware Technical Fibres 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 Technical Fibres pay dividends 2024?
Garware Technical Fibres pays dividends on a annually basis. 2024 dividend payments are in 2024-10-19. 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 Technical Fibres increase its dividend in 2024?
Decisions regarding Garware Technical Fibres 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 Technical Fibres dividend overview you can look into the above table of dividend history.
How Garware Technical Fibres dividend works?
The Garware Technical Fibres 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 Technical Fibres's dividend process works:
1. Determination of Dividend: Garware Technical Fibres'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 Technical Fibres 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 Technical Fibres 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 Technical Fibres 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. Determination of Dividend: Garware Technical Fibres'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 Technical Fibres 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 Technical Fibres 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 Technical Fibres 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 Technical Fibres dividends paid?
Garware Technical Fibres dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Garware Technical Fibres 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 Technical Fibres 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 Technical Fibres 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.
1. Record Date: Garware Technical Fibres 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 Technical Fibres 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 Technical Fibres 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 Technical Fibres pay dividends?
Garware Technical Fibres 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 Technical Fibres pay dividends?
The general pattern is that Garware Technical Fibres 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 Technical Fibres dividend safe?
The safety of Garware Technical Fibres'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 Technical Fibres'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 Technical Fibres'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.
To assess the safety of Garware Technical Fibres'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 Technical Fibres'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.