Grasim Industries Limited operates in fibre, yarn, pulp, chemicals, textile, fertilizers, and insulators businesses in India and internationally. The company operates through Viscose, Chemicals, Cement, Financial Services, and Others segments. It provides viscose staple fiber, a man-made biodegradable fiber for use in apparels, home textiles, dress materials, knitted wear products, and non-woven applications; wood pulp products; viscose filament yarn, a natural fibre for manufacturing fabrics; and textile products, such as linen and wool. The company also offers various chemical products, including chlor-alkali and epoxy resin products; and fertilizers comprising neem-coated urea, soil and crop specific customised fertilizers, seeds, agrochemicals, and plant and soil health products under the Birla Shaktiman brand name. In addition, it provides electrical insulators for transmission lines and substations, as well as equipment and railways. Further, the company offers grey cement; white cement under the Birla White brand; ready mix concrete; and cement-based putty. Additionally, it provides various financial services comprising non-bank financial, life insurance, asset management, housing finance, equity broking, wealth management, general insurance advisory, and health insurance services. The company is also involved in solar power designing, engineering procurement, and commissioning business. Grasim Industries Limited was incorporated in 1947 and is based in Mumbai, India.
Grasim Industries Dividend Announcement
• Grasim Industries announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-08-06
• Grasim Industries annual dividend for 2024 was ₹10.00
• Grasim Industries annual dividend for 2023 was ₹9.96
• Grasim Industries's trailing twelve-month (TTM) dividend yield is 0.37%
• Grasim Industries's dividend growth over the last five years (2018-2023) was 9.95% year
• Grasim Industries's dividend growth over the last ten years (2013-2023) was -7.83% year
Grasim Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-06 | ₹10.00 | annually | 2024-09-19 |
| 2023-08-11 | ₹9.96 | annually | 2023-09-24 |
| 2022-08-11 | ₹5.00 | annually | 2022-09-28 |
| 2021-08-12 | ₹4.00 | annually | 2021-09-26 |
| 2020-08-26 | ₹4.00 | annually | 2020-10-14 |
| 2019-08-08 | ₹7.00 | annually | 2019-09-22 |
| 2018-08-31 | ₹6.20 | annually | 2018-10-14 |
| 2017-09-08 | ₹5.50 | annually | 2017-10-22 |
| 2016-09-07 | ₹22.50 | annually | 2016-11-09 |
| 2015-09-03 | ₹18.00 | annually | 2015-10-19 |
| 2014-08-20 | ₹21.00 | annually | 2014-10-06 |
| 2013-07-31 | ₹22.50 | annually | 2013-09-16 |
Grasim Industries Dividend per year
Grasim Industries Dividend growth
Grasim Industries Dividend Yield
Grasim Industries current trailing twelve-month (TTM) dividend yield is 0.37%. Interested in purchasing Grasim Industries stock? Use our calculator to estimate your expected dividend yield:
Grasim Industries Financial Ratios
P/E ratio39.97
PEG ratio4.69
P/B ratio1.93
ROE4.40%
Payout ratio0.00%
Current ratio0.91
Quick ratio0.76
Cash Ratio0.02
Grasim Industries Dividend FAQ
How much is the next Grasim Industries dividend?
Grasim Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Grasim Industries dividend. The next Grasim Industries dividend will be released in August.
When is Grasim Industries dividend paid?
Grasim Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Grasim Industries pay?
The specific amount of Grasim Industries 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 Grasim Industries's dividend history.
Does Grasim Industries stock pay dividends?
Yes, Grasim Industries 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 Grasim Industries's dividend history.
How much dividend does Grasim Industries pay?
Grasim Industries paid ₹10.0 in 2024, ₹9.96 in 2023, ₹5.0 in 2022, ₹4.0 in 2021, and ₹4.0 in 2020.
How often does Grasim Industries pay dividends?
Grasim Industries 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 August.
What is Grasim Industries's dividend yield?
The current dividend yield for Grasim Industries is 0.37%. 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 Grasim Industries's exact dividend yield.
When does Grasim Industries go ex dividend?
Grasim Industries's ex-dividend date for the latest dividend was on 2024-08-06. Grasim Industries 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 Grasim Industries dividend paid?
Grasim Industries pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Grasim Industries 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 Grasim Industries 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 Grasim Industries dividend per share?
Grasim Industries paid ₹10.0 per share in 2024 and ₹9.96 per share in 2023. The amount of dividend per share that Grasim Industries 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 Grasim Industries 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 Grasim Industries 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 Grasim Industries a dividend stock?
Yes, Grasim Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Grasim Industries a good dividend stock?
Whether Grasim Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Grasim Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Grasim Industries 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 Grasim Industries 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 Grasim Industries pay dividends monthly?
Grasim Industries typically pays dividends on a annually basis.
Does Grasim Industries pay dividends quarterly?
Grasim Industries currently pays dividends on a annually basis.
Has Grasim Industries ever paid a dividend?
Yes, Grasim Industries has a history of paying dividends to its shareholders. Grasim Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Grasim Industries dividend stocks?
To buy Grasim Industries 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 Grasim Industries 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 Grasim Industries 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 Grasim Industries pay dividends 2024?
Grasim Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-09-19. 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 Grasim Industries increase its dividend in 2024?
Decisions regarding Grasim Industries 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 Grasim Industries dividend overview you can look into the above table of dividend history.
How Grasim Industries dividend works?
The Grasim Industries 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 Grasim Industries's dividend process works:
1. Determination of Dividend: Grasim Industries'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, Grasim Industries 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, Grasim Industries 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 Grasim Industries 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: Grasim Industries'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, Grasim Industries 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, Grasim Industries 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 Grasim Industries 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 Grasim Industries dividends paid?
Grasim Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Grasim Industries 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, Grasim Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grasim Industries 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: Grasim Industries 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, Grasim Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grasim Industries 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 Grasim Industries pay dividends?
Grasim Industries 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 Grasim Industries pay dividends?
The general pattern is that Grasim Industries pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Grasim Industries dividend safe?
The safety of Grasim Industries'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 Grasim Industries'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 Grasim Industries'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 Grasim Industries'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 Grasim Industries'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.