Graphite India Limited manufactures and sells graphite electrodes, and carbon and graphite specialty products in India and internationally. The company operates in two segments, Graphite and Carbon, and Others. It offers a range of graphite electrodes with various diameter and power for AC and DC furnaces. The company also provides extruded graphite in the form of rods and blocks, mini rods, graphite tubes, heat exchanger tubes, molded mold and isostatically moulded graphite, machined components of carbon and graphite, carbon graphite/bricks, and carbon composites/brake discs. In addition, it offers calcined petroleum coke, carbon electrode paste, graphite granules and fines, and carbonaceous materials to aluminum, steel, ferro alloy, and foundry castings industries; and impervious graphite heat exchangers, which are used as condensers, coolers, heaters, re-boilers, evaporators, interchangers, and graphite columns for distillation, absorption and scrubbing, ejector systems, and centrifugal pumps. Further, the company provides HCl synthesis and dry HCl gas generation units, and H2SO4/HCl concentration and acid dilution cooling units; bursting discs, thermos-wells, pipes, and pipe fittings; glass fiber reinforced plastic pipes, joints, and fittings; and high speed, alloy tool, and powder metallurgy steels for cutting tools. Additionally, it generates and sells electricity through a hydel power plant. The company was founded in 1962 and is headquartered in Kolkata, India. Graphite India Limited is a subsidiary of Emerald Company Private Limited.
Graphite India Dividend Announcement
• Graphite India announced a annually dividend of ₹11.00 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-07-19
• Graphite India annual dividend for 2024 was ₹11.00
• Graphite India annual dividend for 2023 was ₹8.50
• Graphite India's trailing twelve-month (TTM) dividend yield is 2.11%
• Graphite India's dividend growth over the last five years (2018-2023) was -25.49% year
• Graphite India's dividend growth over the last ten years (2013-2023) was 9.28% year
Graphite India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | ₹11.00 | annually | 2024-08-30 |
2023-07-20 | ₹8.50 | annually | 2023-08-30 |
2022-07-25 | ₹10.00 | annually | 2022-08-20 |
2021-08-09 | ₹5.00 | annually | 2021-09-19 |
2020-03-23 | ₹2.00 | annually | 2020-03-31 |
2019-06-27 | ₹35.00 | annually | |
2019-06-20 | ₹35.00 | annually | 2019-07-15 |
2018-11-15 | ₹20.00 | annually | 2018-11-28 |
2018-07-26 | ₹12.00 | annually | 2018-08-21 |
2018-02-15 | ₹5.00 | annually | 2018-02-23 |
2017-07-27 | ₹2.00 | annually | 2017-08-14 |
2016-03-22 | ₹2.00 | annually | 2016-03-31 |
2015-08-03 | ₹2.00 | annually | 2015-08-26 |
2014-07-25 | ₹3.50 | annually | 2014-08-26 |
2013-07-18 | ₹3.50 | annually | 2013-09-04 |
Graphite India Dividend per year
Graphite India Dividend growth
Graphite India Dividend Yield
Graphite India current trailing twelve-month (TTM) dividend yield is 2.11%. Interested in purchasing Graphite India stock? Use our calculator to estimate your expected dividend yield:
Graphite India Financial Ratios
Graphite India Dividend FAQ
Other factors to consider when evaluating Graphite India 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: Graphite India'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, Graphite India 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, Graphite India 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 Graphite India 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: Graphite India 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, Graphite India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Graphite India 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 Graphite India'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 Graphite India'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.