HLE Glascoat Limited designs and manufactures carbon steel glass lined equipment in India and internationally. It offers reactors, receivers, storage tanks, columns, agitators, valves, pipes and fittings, and other similar equipment and related spares and accessories. The company also provides other engineering equipment, such as agitated filters and dryers, rotary vacuum paddle dryers, other chemical process equipment, and related spares and accessories. It serves dyes and pigments, pharmaceuticals, food processing, chemicals, pesticides, intermediates, resins, and other industries. The company was formerly known as Swiss Glascoat Equipments Limited and changed its name to HLE Glascoat Limited in December 2019. HLE Glascoat Limited was incorporated in 1991 and is based in Anand, India.
HLE Glascoat Dividend Announcement
• HLE Glascoat announced a annually dividend of ₹1.10 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-19
• HLE Glascoat annual dividend for 2024 was ₹1.10
• HLE Glascoat annual dividend for 2023 was ₹1.10
• HLE Glascoat's trailing twelve-month (TTM) dividend yield is 0.27%
HLE Glascoat Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | ₹1.10 | annually | 2024-10-26 |
2023-09-21 | ₹1.10 | annually | 2023-10-28 |
2022-08-24 | ₹5.00 | annually | 2022-10-01 |
2021-08-30 | ₹4.00 | annually | 2021-10-07 |
2020-09-10 | ₹2.50 | annually | 2020-10-19 |
2020-02-18 | ₹2.00 | annually | 2020-03-10 |
2018-07-26 | ₹2.00 | annually | 2018-09-02 |
2017-08-21 | ₹2.00 | annually | 2017-09-27 |
HLE Glascoat Dividend per year
HLE Glascoat Dividend growth
HLE Glascoat Dividend Yield
HLE Glascoat current trailing twelve-month (TTM) dividend yield is 0.27%. Interested in purchasing HLE Glascoat stock? Use our calculator to estimate your expected dividend yield:
HLE Glascoat Financial Ratios
HLE Glascoat Dividend FAQ
Other factors to consider when evaluating HLE Glascoat 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.
Place an order: Use the brokerage's trading platform to place an order to buy HLE Glascoat 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.
1. Determination of Dividend: HLE Glascoat'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, HLE Glascoat 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, HLE Glascoat 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 HLE Glascoat 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: HLE Glascoat 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, HLE Glascoat distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HLE Glascoat 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 HLE Glascoat'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 HLE Glascoat'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.