Grindwell Norton Limited manufactures and sells abrasives, ceramics, and plastic products in India. The company offers bonded abrasives in the form of wheels and other shapes, such as segments, sticks, etc. for various applications, including lapping, honing, super-finishing, thread grinding, fluting, OD grinding, ID grinding, and surface grinding, as well as for rough applications comprising snagging, cutting-off, burr removal, and weld preparation. It also provides coated abrasives products in various shapes, such as discs, belts, wheels, and sheets and rolls for material removal and surface preparation; non-woven abrasives; super abrasives for precision applications, including diamond and cubic boron nitride; thin wheels used for cutting, deburring, and weld-removal; and cutting-edge abrasive products. In addition, the company offers silicon carbide grains primarily for use as raw material in the manufacture of abrasives and refractories, as well as for stone polishing; and performance ceramics and refractories for use in sanitary-ware, table-ware, ballistic armor protection, wear resistance systems, etc. Further, it produces and markets performance plastics comprising bearings, seals, tubing and hoses, films, fabrics, and foams for use in the automotive, oil and gas, life sciences, construction, energy, and general industrial applications. The company also exports its products. The company was founded in 1941 and is based in Mumbai, India. Grindwell Norton Limited is a subsidiary of Compagnie de Saint-Gobain.
Grindwell Norton Dividend Announcement
• Grindwell Norton announced a annually dividend of ₹17.00 per ordinary share which will be made payable on 2024-07-22. Ex dividend date: 2024-07-09
• Grindwell Norton annual dividend for 2024 was ₹17.00
• Grindwell Norton annual dividend for 2023 was ₹14.50
• Grindwell Norton's trailing twelve-month (TTM) dividend yield is 0.81%
• Grindwell Norton's dividend growth over the last five years (2018-2023) was 23.73% year
• Grindwell Norton's dividend growth over the last ten years (2013-2023) was 8.35% year
Grindwell Norton Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-09 | ₹17.00 | annually | 2024-07-22 |
| 2023-08-03 | ₹14.50 | annually | 2023-09-13 |
| 2022-07-19 | ₹12.00 | annually | 2022-08-28 |
| 2021-07-19 | ₹9.50 | annually | 2021-08-27 |
| 2020-07-16 | ₹7.50 | annually | 2020-08-23 |
| 2019-07-17 | ₹6.00 | annually | 2019-08-24 |
| 2018-07-18 | ₹5.00 | annually | 2018-08-25 |
| 2017-07-17 | ₹4.00 | annually | 2017-07-26 |
| 2016-03-22 | ₹6.50 | annually | 2016-06-01 |
| 2015-07-24 | ₹6.50 | annually | 2015-08-07 |
| 2014-07-10 | ₹6.50 | annually | |
| 2013-06-14 | ₹6.50 | annually | 2013-07-29 |
Grindwell Norton Dividend per year
Grindwell Norton Dividend growth
Grindwell Norton Dividend Yield
Grindwell Norton current trailing twelve-month (TTM) dividend yield is 0.81%. Interested in purchasing Grindwell Norton stock? Use our calculator to estimate your expected dividend yield:
Grindwell Norton Financial Ratios
P/E ratio62.19
PEG ratio15.06
P/B ratio11.31
ROE18.62%
Payout ratio0.00%
Current ratio2.57
Quick ratio1.79
Cash Ratio0.28
Grindwell Norton Dividend FAQ
How much is the next Grindwell Norton dividend?
Grindwell Norton's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Grindwell Norton dividend. The next Grindwell Norton dividend will be released in August.
When is Grindwell Norton dividend paid?
Grindwell Norton 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 Grindwell Norton pay?
The specific amount of Grindwell Norton 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 Grindwell Norton's dividend history.
Does Grindwell Norton stock pay dividends?
Yes, Grindwell Norton 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 Grindwell Norton's dividend history.
How much dividend does Grindwell Norton pay?
Grindwell Norton paid ₹17.0 in 2024, ₹14.5 in 2023, ₹12.0 in 2022, ₹9.5 in 2021, and ₹7.5 in 2020.
How often does Grindwell Norton pay dividends?
Grindwell Norton 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 Grindwell Norton's dividend yield?
The current dividend yield for Grindwell Norton is 0.81%. 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 Grindwell Norton's exact dividend yield.
When does Grindwell Norton go ex dividend?
Grindwell Norton's ex-dividend date for the latest dividend was on 2024-07-09. Grindwell Norton 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 Grindwell Norton dividend paid?
Grindwell Norton pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Grindwell Norton 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 Grindwell Norton 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 Grindwell Norton dividend per share?
Grindwell Norton paid ₹17.0 per share in 2024 and ₹14.5 per share in 2023. The amount of dividend per share that Grindwell Norton 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 Grindwell Norton 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 Grindwell Norton 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 Grindwell Norton a dividend stock?
Yes, Grindwell Norton is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Grindwell Norton a good dividend stock?
Whether Grindwell Norton is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Grindwell Norton has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Grindwell Norton 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 Grindwell Norton 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 Grindwell Norton pay dividends monthly?
Grindwell Norton typically pays dividends on a annually basis.
Does Grindwell Norton pay dividends quarterly?
Grindwell Norton currently pays dividends on a annually basis.
Has Grindwell Norton ever paid a dividend?
Yes, Grindwell Norton has a history of paying dividends to its shareholders. Grindwell Norton is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Grindwell Norton dividend stocks?
To buy Grindwell Norton 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 Grindwell Norton 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 Grindwell Norton 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 Grindwell Norton pay dividends 2024?
Grindwell Norton pays dividends on a annually basis. 2024 dividend payments are in 2024-07-22. 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 Grindwell Norton increase its dividend in 2024?
Decisions regarding Grindwell Norton 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 Grindwell Norton dividend overview you can look into the above table of dividend history.
How Grindwell Norton dividend works?
The Grindwell Norton 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 Grindwell Norton's dividend process works:
1. Determination of Dividend: Grindwell Norton'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, Grindwell Norton 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, Grindwell Norton 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 Grindwell Norton 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: Grindwell Norton'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, Grindwell Norton 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, Grindwell Norton 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 Grindwell Norton 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 Grindwell Norton dividends paid?
Grindwell Norton dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Grindwell Norton 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, Grindwell Norton distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grindwell Norton 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: Grindwell Norton 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, Grindwell Norton distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grindwell Norton 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 Grindwell Norton pay dividends?
Grindwell Norton 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 Grindwell Norton pay dividends?
The general pattern is that Grindwell Norton 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 Grindwell Norton dividend safe?
The safety of Grindwell Norton'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 Grindwell Norton'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 Grindwell Norton'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 Grindwell Norton'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 Grindwell Norton'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.