Hikal Limited, together with its subsidiaries, manufactures and sells various chemical intermediates, specialty chemicals, and active pharma ingredients to pharmaceutical, animal healthcare, biotech, crop protection, and specialty chemicals companies. It operates through two segments, Pharmaceuticals and Crop Protection. The Pharmaceuticals segment produces active pharmaceutical ingredient (APIs). The Crop Protection segment manufactures pesticides and herbicides. The company collaborates with other companies and offer solutions in contract research, custom synthesis, and custom manufacturing of intermediates and APIs. It also provides specialty biocides and antimicrobial actives, as well as additives for leather, paint coatings, paper, water treatment, personal care, building materials, and textile industries. The company was incorporated in 1988 and is headquartered in Navi Mumbai, India.
Hikal Dividend Announcement
• Hikal announced a semi annually dividend of ₹0.60 per ordinary share which will be made payable on 2024-10-17. Ex dividend date: 2024-09-04
• Hikal annual dividend for 2024 was ₹1.20
• Hikal annual dividend for 2023 was ₹1.20
• Hikal's trailing twelve-month (TTM) dividend yield is 0.28%
• Hikal's dividend growth over the last ten years (2013-2023) was -7.08% year
Hikal Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | ₹0.60 | semi annually | 2024-10-17 |
2024-02-20 | ₹0.60 | semi annually | |
2023-09-18 | ₹0.60 | semi annually | 2023-10-26 |
2023-02-14 | ₹0.60 | semi annually | 2023-03-03 |
2022-09-14 | ₹0.40 | semi annually | 2022-10-22 |
2022-02-23 | ₹1.20 | semi annually | 2022-03-15 |
2021-08-25 | ₹1.00 | semi annually | 2021-10-02 |
2021-02-15 | ₹1.00 | semi annually | 2021-03-05 |
2020-09-07 | ₹0.20 | semi annually | 2020-10-15 |
2020-02-17 | ₹1.00 | semi annually | 2020-02-27 |
2019-07-23 | ₹0.60 | semi annually | 2019-08-31 |
2019-02-13 | ₹0.60 | semi annually | 2019-02-22 |
2018-07-31 | ₹0.50 | semi annually | 2018-09-07 |
2018-02-21 | ₹0.70 | semi annually | 2018-03-01 |
2017-08-02 | ₹0.60 | semi annually | 2017-09-09 |
2017-02-13 | ₹0.60 | semi annually | 2017-02-23 |
2016-08-02 | ₹0.50 | semi annually | 2016-09-09 |
2016-05-17 | ₹0.50 | semi annually | 2016-05-27 |
2015-08-04 | ₹0.50 | semi annually | 2015-08-26 |
2015-05-18 | ₹0.50 | semi annually | 2015-05-29 |
2014-08-14 | ₹2.50 | semi annually | 2014-09-16 |
2014-02-18 | ₹2.00 | semi annually | 2014-03-04 |
2013-08-13 | ₹2.50 | semi annually | 2013-09-12 |
Hikal Dividend per year
Hikal Dividend growth
Hikal Dividend Yield
Hikal current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing Hikal stock? Use our calculator to estimate your expected dividend yield:
Hikal Financial Ratios
Hikal Dividend FAQ
Other factors to consider when evaluating Hikal 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: Hikal'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, Hikal 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, Hikal 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 Hikal 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: Hikal 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, Hikal distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hikal 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 Hikal'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 Hikal'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.