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Heritage Foods Limited procures and processes milk and milk products in India. The company operates through Dairy, Renewable Energy, and Feed segment. The Dairy segment produces and markets dairy products, including fresh milk, curd, butter milk, lassi, ice cream, paneer, cooking butter, table butter, flavored milk, UHT milk, sweets, ghee, cheese, cold coffee, cream, skimmed milk powder, frozen desserts, and milk shake. This division also operates and franchises 859 Heritage Parlour outlets. In addition, it exports dairy products to Europe, the Gulf countries, and various countries in Asia. The Renewable Energy segment operates a solar power plant with a capacity of 4.20 MW; and wind power plant with a capacity of 6.30 MW in the states of Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, and Karnataka. The Feed segment manufactures and sells cattle feeds. The company was formerly known as Heritage Foods (India) Limited and changed its name to Heritage Foods Limited in August 2013. Heritage Foods Limited was incorporated in 1992 and is headquartered in Hyderabad, India.

Heritage Foods Dividend Announcement

Heritage Foods announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-13
Heritage Foods annual dividend for 2024 was ₹2.50
Heritage Foods annual dividend for 2023 was ₹2.50
Heritage Foods's trailing twelve-month (TTM) dividend yield is 0.53%
Heritage Foods's dividend growth over the last five years (2018-2023) was 19.77% year
Heritage Foods's dividend growth over the last ten years (2013-2023) was 5.09% year

Heritage Foods Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-13₹2.50annually2024-09-20
2023-08-14₹2.50annually2023-09-21
2022-07-21₹1.27annually2022-08-04
2021-11-01₹1.27annually2021-11-20
2021-07-22₹2.54annually2021-08-05
2020-08-19₹1.27annually2020-09-04
2019-08-21₹1.01annually2019-09-06
2018-08-20₹1.01annually2018-09-06
2017-08-11₹0.51annually2017-08-29
2016-08-09₹1.52annually2016-08-26
2015-09-15₹1.52annually2015-09-29
2014-09-18₹1.52annually2014-09-30
2013-06-19₹1.52annually2013-07-24

Heritage Foods Dividend per year

Heritage Foods Dividend growth

Heritage Foods Dividend Yield

Heritage Foods current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Heritage Foods stock? Use our calculator to estimate your expected dividend yield:

Heritage Foods Financial Ratios

P/E ratio25.07
PEG ratio7.18
P/B ratio4.91
ROE21.47%
Payout ratio0.00%
Current ratio1.91
Quick ratio1.37
Cash Ratio0.26

Heritage Foods Dividend FAQ

How much is the next Heritage Foods dividend?
Heritage Foods's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Heritage Foods dividend. The next Heritage Foods dividend will be released in August.
When is Heritage Foods dividend paid?
Heritage Foods 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 Heritage Foods pay?
The specific amount of Heritage Foods 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 Heritage Foods's dividend history.
Does Heritage Foods stock pay dividends?
Yes, Heritage Foods 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 Heritage Foods's dividend history.
How much dividend does Heritage Foods pay?
Heritage Foods paid ₹2.5 in 2024, ₹2.5 in 2023, ₹1.268 in 2022, ₹3.803 in 2021, and ₹1.268 in 2020.
How often does Heritage Foods pay dividends?
Heritage Foods 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 Heritage Foods's dividend yield?
The current dividend yield for Heritage Foods is 0.53%. 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 Heritage Foods's exact dividend yield.
When does Heritage Foods go ex dividend?
Heritage Foods's ex-dividend date for the latest dividend was on 2024-08-13. Heritage Foods 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 Heritage Foods dividend paid?
Heritage Foods pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Heritage Foods 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 Heritage Foods 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 Heritage Foods dividend per share?
Heritage Foods paid ₹2.5 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that Heritage Foods 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 Heritage Foods 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 Heritage Foods 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 Heritage Foods a dividend stock?
Yes, Heritage Foods is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Heritage Foods a good dividend stock?
Whether Heritage Foods is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Heritage Foods has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Heritage Foods 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 Heritage Foods pay dividends monthly?
Heritage Foods typically pays dividends on a annually basis.
Does Heritage Foods pay dividends quarterly?
Heritage Foods currently pays dividends on a annually basis.
Has Heritage Foods ever paid a dividend?
Yes, Heritage Foods has a history of paying dividends to its shareholders. Heritage Foods is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Heritage Foods dividend stocks?
To buy Heritage Foods 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 Heritage Foods 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 Heritage Foods pay dividends 2024?
Heritage Foods pays dividends on a annually basis. 2024 dividend payments are in 2024-09-20. 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 Heritage Foods increase its dividend in 2024?
Decisions regarding Heritage Foods 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 Heritage Foods dividend overview you can look into the above table of dividend history.
How Heritage Foods dividend works?
The Heritage Foods 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 Heritage Foods's dividend process works:

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

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

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