Godrej Agrovet Limited, an agri-business company, provides products and services that enhance crop and livestock yields in India and internationally. It operates through Animal Feed, Crop Protection, Vegetable Oil, Real Estate, Seed Business, Energy Generation through Windmill, and Cattle Breeding segments. The company offers animal feed, such as cattle, poultry, and aqua feed. It also engages in the oil palm cultivation with approximately 75,000 hectares of plantations across Andhra Pradesh, Telangana, Tamil Nadu, Goa, Maharashtra, and Mizoram producing crude palm oil, crude palm kernel oil, and palm kernel cake. In addition, the company produces and markets crop protection products, including plant growth regulators, bio-stimulants, herbicides, insecticides, fungicides, and fertilizers and organic manures. Further, it manufactures and markets poultry and meat products under the Real Good Chicken name; vegetarian and non-vegetarian ready-to-cook products under the Godrej Yummiez name; and processes and sells milk and milk products under the Godrej Jersey brand. Additionally, the company produces agrochemical active ingredients, intermediates, bulk and formulations, and pharmaceutical intermediates. The company was incorporated in 1991 and is based in Mumbai, India. Godrej Agrovet Limited is a subsidiary of Godrej Industries Limited.
Godrejrovet Dividend Announcement
• Godrejrovet announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-08-06. Ex dividend date: 2024-07-26
• Godrejrovet annual dividend for 2024 was ₹10.00
• Godrejrovet annual dividend for 2023 was ₹9.50
• Godrejrovet's trailing twelve-month (TTM) dividend yield is 1.35%
• Godrejrovet's dividend growth over the last five years (2018-2023) was 16.12% year
Godrejrovet Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | ₹10.00 | annually | 2024-08-06 |
2023-07-27 | ₹9.50 | annually | 2023-08-05 |
2022-07-22 | ₹9.50 | annually | 2022-08-03 |
2021-08-04 | ₹8.00 | annually | 2021-08-17 |
2020-07-22 | ₹5.50 | annually | 2020-08-07 |
2019-07-25 | ₹4.50 | annually | 2019-08-09 |
2018-07-23 | ₹4.50 | annually | 2018-09-08 |
Godrejrovet Dividend per year
Godrejrovet Dividend growth
Godrejrovet Dividend Yield
Godrejrovet current trailing twelve-month (TTM) dividend yield is 1.35%. Interested in purchasing Godrejrovet stock? Use our calculator to estimate your expected dividend yield:
Godrejrovet Financial Ratios
Godrejrovet Dividend FAQ
Other factors to consider when evaluating Godrejrovet 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: Godrejrovet'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, Godrejrovet 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, Godrejrovet 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 Godrejrovet 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: Godrejrovet 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, Godrejrovet distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Godrejrovet 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 Godrejrovet'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 Godrejrovet'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.