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The Grob Tea Company Limited cultivates, manufactures, and sells tea in India. It owns tea gardens under the names of Doyang, Dessoie, Kanu, Martycherra, Pathemara, and Teen Ali tea estates located in Assam. The company's gardens comprise an area of 4236.07 hectares and 2332.71 hectares of tea plantations. The Grob Tea Company Limited was incorporated in 1895 and is based in Kolkata, India.

Grob Tea Dividend Announcement

Grob Tea announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-08-12
Grob Tea annual dividend for 2024 was ₹2.00
Grob Tea annual dividend for 2023 was ₹2.00
Grob Tea's trailing twelve-month (TTM) dividend yield is 0.15%

Grob Tea Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-12₹2.00annually2024-08-12
2023-08-02₹2.00annually2023-09-08
2022-07-25₹2.00annually2022-08-03
2021-08-20₹3.00annually2021-09-29
2020-09-21₹2.00annually2020-10-29
2019-08-29₹2.00annually2019-09-07
2018-08-20₹2.00annually2018-08-29
2017-08-28₹2.00annually2017-10-05
2016-09-02₹2.00annually

Grob Tea Dividend per year

Grob Tea Dividend growth

Grob Tea Dividend Yield

Grob Tea current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Grob Tea stock? Use our calculator to estimate your expected dividend yield:

Grob Tea Financial Ratios

P/E ratio54.64
PEG ratio8.43
P/B ratio1.94
ROE3.34%
Payout ratio0.00%
Current ratio2.63
Quick ratio1.68
Cash Ratio0.17

Grob Tea Dividend FAQ

How much is the next Grob Tea dividend?
Grob Tea's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Grob Tea dividend. The next Grob Tea dividend will be released in August.
When is Grob Tea dividend paid?
Grob Tea 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 Grob Tea pay?
The specific amount of Grob Tea 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 Grob Tea's dividend history.
Does Grob Tea stock pay dividends?
Yes, Grob Tea 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 Grob Tea's dividend history.
How much dividend does Grob Tea pay?
Grob Tea paid ₹2 in 2024, ₹2 in 2023, ₹2 in 2022, ₹3 in 2021, and ₹2 in 2020.
How often does Grob Tea pay dividends?
Grob Tea 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 Grob Tea's dividend yield?
The current dividend yield for Grob Tea is 0.15%. 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 Grob Tea's exact dividend yield.
When does Grob Tea go ex dividend?
Grob Tea's ex-dividend date for the latest dividend was on 2024-08-12. Grob Tea 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 Grob Tea dividend paid?
Grob Tea pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Grob Tea 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 Grob Tea 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 Grob Tea dividend per share?
Grob Tea paid ₹2 per share in 2024 and ₹2 per share in 2023. The amount of dividend per share that Grob Tea 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 Grob Tea 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 Grob Tea 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 Grob Tea a dividend stock?
Yes, Grob Tea is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Grob Tea a good dividend stock?
Whether Grob Tea is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Grob Tea has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Grob Tea 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 Grob Tea pay dividends monthly?
Grob Tea typically pays dividends on a annually basis.
Does Grob Tea pay dividends quarterly?
Grob Tea currently pays dividends on a annually basis.
Has Grob Tea ever paid a dividend?
Yes, Grob Tea has a history of paying dividends to its shareholders. Grob Tea is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Grob Tea dividend stocks?
To buy Grob Tea 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 Grob Tea 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 Grob Tea pay dividends 2024?
Grob Tea pays dividends on a annually basis. 2024 dividend payments are in 2024-08-12. 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 Grob Tea increase its dividend in 2024?
Decisions regarding Grob Tea 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 Grob Tea dividend overview you can look into the above table of dividend history.
How Grob Tea dividend works?
The Grob Tea 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 Grob Tea's dividend process works:

1. Determination of Dividend: Grob Tea'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, Grob Tea 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, Grob Tea 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 Grob Tea 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 Grob Tea dividends paid?
Grob Tea dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Grob Tea 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, Grob Tea distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Grob Tea 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 Grob Tea pay dividends?
Grob Tea 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 Grob Tea pay dividends?
The general pattern is that Grob Tea 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 Grob Tea dividend safe?
The safety of Grob Tea'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 Grob Tea'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 Grob Tea'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.