Greenply Industries Limited, an interior infrastructure company, manufactures, markets, trades in, and distributes plywood and allied products in India and internationally. The company provides plywood and block boards, decorative veneers, flush doors, wood floors, and PVC foam boards. It markets its products through a network of distributors, dealers, and retailers. The company was formerly known as Mittal Laminates Private Limited and changed its name to Greenply Industries Limited in 1995. Greenply Industries Limited was incorporated in 1990 and is headquartered in Kolkata, India.
Greenply Industries Dividend Announcement
• Greenply Industries announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-09. Ex dividend date: 2024-08-05
• Greenply Industries annual dividend for 2024 was ₹0.50
• Greenply Industries annual dividend for 2023 was ₹0.50
• Greenply Industries's trailing twelve-month (TTM) dividend yield is 0.15%
• Greenply Industries's dividend growth over the last five years (2018-2023) was -3.58% year
• Greenply Industries's dividend growth over the last ten years (2013-2023) was -16.40% year
Greenply Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-05 | ₹0.50 | annually | 2024-10-09 |
2023-08-18 | ₹0.50 | annually | 2023-10-20 |
2022-08-18 | ₹0.50 | annually | 2022-10-21 |
2021-08-12 | ₹0.40 | annually | 2021-10-15 |
2020-08-27 | ₹0.40 | annually | 2020-10-15 |
2019-08-29 | ₹0.40 | annually | 2019-10-30 |
2018-07-11 | ₹0.60 | annually | 2018-09-27 |
2017-07-05 | ₹0.60 | annually | 2017-09-04 |
2016-07-05 | ₹0.60 | annually | 2016-09-22 |
2015-07-08 | ₹3.00 | annually | 2015-09-02 |
2014-07-16 | ₹3.00 | annually | 2014-09-21 |
2013-08-02 | ₹3.00 | annually | 2013-09-22 |
Greenply Industries Dividend per year
Greenply Industries Dividend growth
Greenply Industries Dividend Yield
Greenply Industries current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Greenply Industries stock? Use our calculator to estimate your expected dividend yield:
Greenply Industries Financial Ratios
Greenply Industries Dividend FAQ
Other factors to consider when evaluating Greenply 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: Greenply 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, Greenply 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, Greenply 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 Greenply 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: Greenply 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, Greenply 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: Greenply 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 Greenply 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 Greenply 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.