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Hindcon Chemicals Limited manufactures and sells sodium silicates, cement additives, and construction chemicals in India and internationally. The company's products portfolio includes coating and impregnation products, concrete and mortar admixtures, epoxy grouts and mortars, expansion and contraction joint systems, floorings, foundry aids, green products for building projects, grouts and repairing mortars, protective and waterproofing coatings, remover cleaning compounds, sealants, shotcrete aids, tile adhesives, waterproofing compounds, concreting aids, and sodium silicates. It also provides various services, such as waterproofing and repair, and repair and retrofitting of distressed structures. The company was formerly known as Hind Silicates Pvt Ltd. Hindcon Chemicals Limited was founded in 1947 and is based in Kolkata, India.

Hindcon Chemicals Dividend Announcement

Hindcon Chemicals announced a annually dividend of ₹0.10 per ordinary share which will be made payable on . Ex dividend date: 2024-08-13
Hindcon Chemicals annual dividend for 2024 was ₹0.10
Hindcon Chemicals annual dividend for 2023 was ₹0.50
Hindcon Chemicals's trailing twelve-month (TTM) dividend yield is 0.2%

Hindcon Chemicals Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-13₹0.10annually
2023-09-01₹0.50annually
2022-08-18₹0.70annually
2021-08-26₹1.00annually
2020-08-17₹0.90annually
2019-09-04₹0.60annually

Hindcon Chemicals Dividend per year

Hindcon Chemicals Dividend growth

Hindcon Chemicals Dividend Yield

Hindcon Chemicals current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing Hindcon Chemicals stock? Use our calculator to estimate your expected dividend yield:

Hindcon Chemicals Financial Ratios

P/E ratio39.46
PEG ratio1.06
P/B ratio3.87
ROE10.22%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Hindcon Chemicals Dividend FAQ

Does Hindcon Chemicals stock pay dividends?
Hindcon Chemicals does not currently pay dividends to its shareholders.
Has Hindcon Chemicals ever paid a dividend?
No, Hindcon Chemicals has no a history of paying dividends to its shareholders. Hindcon Chemicals is not known for its dividend payments.
Why doesn't Hindcon Chemicals pay dividends?
There are several potential reasons why Hindcon Chemicals would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Hindcon Chemicals ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Hindcon Chemicals has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Hindcon Chemicals a dividend aristocrat?
Hindcon Chemicals is not considered a Dividend Aristocrat. 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 Hindcon Chemicals a dividend king?
Hindcon Chemicals is not classified as a "Dividend King". 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 Hindcon Chemicals a dividend stock?
No, Hindcon Chemicals is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Hindcon Chemicals stocks?
To buy Hindcon Chemicals 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Hindcon Chemicals 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.