Himadri Speciality Chemical Limited manufactures and sells carbon materials and chemicals in India and internationally. The company offers coal tar pitches, including aluminum and graphite grade binder grade pitches, impregnated coal tar pitches, mesophase pitches, refractory pitch grades, ultramarine blue pitches, and pitch creosote mixture dehydrated coal tar, as well as pitches for industrial crucible and blocks; and carbon materials, such as coke granules and powder, and synthetic and natural graphite powder for power battery application. It also provides carbon black; refined naphthalene for dyes and intermediates, and moth balls; and sulphonated naphthalene formaldehyde and polycarboxylate ether for concrete, agro, rubber, and gypsum board manufacturing. In addition, the company offers anti-corrosion products for chemical factories, vessels, water treatment plants, breweries, milk chilling plants, etc. Further, it provides specialty oils comprising light creosote, wash/gas scrubbing, phenyl grade, wood preservative/creosote, anthracene, carbon black, and fuel oils, as well as coal flow and bulk density enhancers, BTX products, and industrial solvents. Additionally, the company generates power from fuel gas. Its products are used in lithium-ion batteries, aluminum, graphite, infrastructure/construction, tires, mechanical rubber goods, plastics, dyes and intermediaries, and other applications. The company was formerly known as Himadri Chemicals & Industries Limited and changed its name to Himadri Speciality Chemical Limited in July 2016. Himadri Speciality Chemical Limited was incorporated in 1987 and is headquartered in Kolkata, India.
Himadri Speciality Chemical Dividend Announcement
• Himadri Speciality Chemical announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-07-20. Ex dividend date: 2024-06-07
• Himadri Speciality Chemical annual dividend for 2024 was ₹0.50
• Himadri Speciality Chemical annual dividend for 2023 was ₹0.25
• Himadri Speciality Chemical's trailing twelve-month (TTM) dividend yield is 0.09%
• Himadri Speciality Chemical's dividend growth over the last five years (2018-2023) was 20.11% year
Himadri Speciality Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ₹0.50 | annually | 2024-07-20 |
2023-06-09 | ₹0.25 | annually | 2023-07-22 |
2022-09-20 | ₹0.20 | annually | 2022-10-28 |
2021-09-21 | ₹0.15 | annually | 2021-10-29 |
2020-09-18 | ₹0.15 | annually | 2021-01-10 |
2019-09-17 | ₹0.15 | annually | 2019-10-25 |
2018-08-23 | ₹0.10 | annually | 2018-10-04 |
2017-09-13 | ₹0.10 | annually | 2017-10-22 |
2016-09-15 | ₹0.05 | annually | 2016-10-24 |
2014-09-12 | ₹0.10 | annually | 2014-10-24 |
2013-09-13 | ₹0.10 | annually | 2013-10-23 |
2012-09-10 | ₹0.10 | annually | 2012-10-29 |
Himadri Speciality Chemical Dividend per year
Himadri Speciality Chemical Dividend growth
Himadri Speciality Chemical Dividend Yield
Himadri Speciality Chemical current trailing twelve-month (TTM) dividend yield is 0.09%. Interested in purchasing Himadri Speciality Chemical stock? Use our calculator to estimate your expected dividend yield:
Himadri Speciality Chemical Financial Ratios
Himadri Speciality Chemical Dividend FAQ
Other factors to consider when evaluating Himadri Speciality Chemical 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: Himadri Speciality Chemical'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, Himadri Speciality Chemical 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, Himadri Speciality Chemical 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 Himadri Speciality Chemical 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: Himadri Speciality Chemical 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, Himadri Speciality Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Himadri Speciality Chemical 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 Himadri Speciality Chemical'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 Himadri Speciality Chemical'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.