Greenlam Industries Limited manufactures and sells laminates, decorative veneers, and their allied products in India and internationally. The company operates through Laminate & Allied Products and Veneer & Allied Products segments. It offers laminates for homes, kitchens, offices, or other premises; decorative and designer laminates for kitchen, wardrobe, doors, living room, office, or commercial spaces; compact laminates for restroom cubicles, lockers, furniture, panels, work tops, lab furniture, and facades; and laminates for exterior and interior claddings. It also provides melamine faced chip boards; decorative veneers; engineered wood flooring products; and engineered doors and door frames. The company offers its products under the Greenlam Laminates, New Mika, Decowood, Greenlam Sturdo, Greenlam Clads, Mikasa Floors, and Mikasa Doors & Frames brand names. It serves institutions, and hospitality and health care sectors, and luxury retail and fast food chains. The company sells its products through a network of distributors, dealers, and retailers. Greenlam Industries Limited was founded in 1993 and is based in New Delhi, India.
Greenlam Industries Dividend Announcement
• Greenlam Industries announced a annually dividend of ₹1.65 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-06-21
• Greenlam Industries annual dividend for 2024 was ₹1.65
• Greenlam Industries annual dividend for 2023 was ₹1.50
• Greenlam Industries's trailing twelve-month (TTM) dividend yield is 0.31%
• Greenlam Industries's dividend growth over the last five years (2018-2023) was -9.71% year
Greenlam Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | ₹1.65 | annually | 2024-08-30 |
2023-06-30 | ₹1.50 | annually | 2023-08-14 |
2022-07-07 | ₹1.20 | annually | 2022-08-20 |
2021-08-04 | ₹5.00 | annually | 2021-08-22 |
2020-03-17 | ₹4.00 | annually | 2020-03-30 |
2019-08-01 | ₹3.00 | annually | 2019-09-09 |
2018-08-20 | ₹2.50 | annually | 2018-09-27 |
2017-08-11 | ₹1.50 | annually | 2017-09-05 |
2016-08-12 | ₹1.00 | annually | 2016-09-23 |
2015-08-14 | ₹0.50 | annually | 2015-09-02 |
Greenlam Industries Dividend per year
Greenlam Industries Dividend growth
Greenlam Industries Dividend Yield
Greenlam Industries current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Greenlam Industries stock? Use our calculator to estimate your expected dividend yield:
Greenlam Industries Financial Ratios
Greenlam Industries Dividend FAQ
Other factors to consider when evaluating Greenlam 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.
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1. Determination of Dividend: Greenlam 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, Greenlam 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, Greenlam 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 Greenlam 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. Record Date: Greenlam 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, Greenlam 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: Greenlam 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.
To assess the safety of Greenlam 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 Greenlam 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.