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Globus Spirits Limited manufactures and sells alcohol in India. The company offers Indian made Indian liquor products under the Nimboo, Narangi, Goldee, Ghoomar, and Heer Ranjha brands; and Indian made foreign liquor products. It is also involved in franchise bottling and bulk alcohol hand sanitizer production activities. The company also exports its products to Western Europe, Western Africa, and Southern African countries. Globus Spirits Limited was founded in 1992 and is based in New Delhi, India.

Globus Spirits Dividend Announcement

Globus Spirits announced a annually dividend of ₹3.50 per ordinary share which will be made payable on 2024-09-28. Ex dividend date: 2024-08-22
Globus Spirits annual dividend for 2024 was ₹3.50
Globus Spirits annual dividend for 2023 was ₹6.00
Globus Spirits's trailing twelve-month (TTM) dividend yield is 0.32%

Globus Spirits Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-22₹3.50annually2024-09-28
2023-07-14₹6.00annually2023-08-21
2022-09-15₹3.00annually2022-10-24
2021-09-16₹2.00annually2021-10-24
2020-09-18₹1.00annually2020-10-28
2013-09-12₹1.20annually2013-10-25
2012-09-13₹1.20annually2012-10-21
2011-10-21₹1.00annually2011-11-30
2010-09-02₹1.00annually2010-10-09

Globus Spirits Dividend per year

Globus Spirits Dividend growth

Globus Spirits Dividend Yield

Globus Spirits current trailing twelve-month (TTM) dividend yield is 0.32%. Interested in purchasing Globus Spirits stock? Use our calculator to estimate your expected dividend yield:

Globus Spirits Financial Ratios

P/E ratio43.26
PEG ratio2.12
P/B ratio3.26
ROE7.93%
Payout ratio0.00%
Current ratio1.05
Quick ratio0.73
Cash Ratio0.13

Globus Spirits Dividend FAQ

How much is the next Globus Spirits dividend?
Globus Spirits's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Globus Spirits dividend. The next Globus Spirits dividend will be released in July.
When is Globus Spirits dividend paid?
Globus Spirits pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Globus Spirits pay?
The specific amount of Globus Spirits 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 Globus Spirits's dividend history.
Does Globus Spirits stock pay dividends?
Yes, Globus Spirits 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 Globus Spirits's dividend history.
How much dividend does Globus Spirits pay?
Globus Spirits paid ₹3.5 in 2024, ₹6.0 in 2023, ₹3.0 in 2022, ₹2.0 in 2021, and ₹1.0 in 2020.
How often does Globus Spirits pay dividends?
Globus Spirits 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 July.
What is Globus Spirits's dividend yield?
The current dividend yield for Globus Spirits is 0.32%. 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 Globus Spirits's exact dividend yield.
When does Globus Spirits go ex dividend?
Globus Spirits's ex-dividend date for the latest dividend was on 2024-08-22. Globus Spirits 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 Globus Spirits dividend paid?
Globus Spirits pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Globus Spirits 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 Globus Spirits 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 Globus Spirits dividend per share?
Globus Spirits paid ₹3.5 per share in 2024 and ₹6.0 per share in 2023. The amount of dividend per share that Globus Spirits 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 Globus Spirits 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 Globus Spirits 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 Globus Spirits a dividend stock?
Yes, Globus Spirits is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Globus Spirits a good dividend stock?
Whether Globus Spirits is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Globus Spirits has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Globus Spirits 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 Globus Spirits pay dividends monthly?
Globus Spirits typically pays dividends on a annually basis.
Does Globus Spirits pay dividends quarterly?
Globus Spirits currently pays dividends on a annually basis.
Has Globus Spirits ever paid a dividend?
Yes, Globus Spirits has a history of paying dividends to its shareholders. Globus Spirits is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Globus Spirits dividend stocks?
To buy Globus Spirits 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 Globus Spirits 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 Globus Spirits pay dividends 2024?
Globus Spirits pays dividends on a annually basis. 2024 dividend payments are in 2024-09-28. 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 Globus Spirits increase its dividend in 2024?
Decisions regarding Globus Spirits 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 Globus Spirits dividend overview you can look into the above table of dividend history.
How Globus Spirits dividend works?
The Globus Spirits 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 Globus Spirits's dividend process works:

1. Determination of Dividend: Globus Spirits'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, Globus Spirits 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, Globus Spirits 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 Globus Spirits 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 Globus Spirits dividends paid?
Globus Spirits dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Globus Spirits 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, Globus Spirits distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Globus Spirits 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 Globus Spirits pay dividends?
Globus Spirits 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 Globus Spirits pay dividends?
The general pattern is that Globus Spirits pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Globus Spirits dividend safe?
The safety of Globus Spirits'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 Globus Spirits'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 Globus Spirits'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.