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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-13 | ₹0.10 | annually | |
2023-09-01 | ₹0.50 | annually | |
2022-08-18 | ₹0.70 | annually | |
2021-08-26 | ₹1.00 | annually | |
2020-08-17 | ₹0.90 | annually | |
2019-09-04 | ₹0.60 | annually |
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
Hindcon Chemicals Dividend FAQ
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.
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