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I G Petrochemicals Limited engages in the manufacture and sale of organic chemicals in India and internationally. It offers phthalic anhydride that is used in the manufacture of plasticizers, alkyd resins and paints, unsaturated polyester resins, and CPC pigments; and maleic anhydride, an organic compound used in the production of spandex, unsaturated polyester resins, lubricating oil additives, personal care products, water treatment detergents, and insecticides and fungicides. The company also provides benzoic acid, an organic compound used in the manufacture of perfumes, dyes, topical medications, insect repellants, and food preservatives; and advance plasticizers used in the production of incense sticks, perfumes, and plastic packaging films. I G Petrochemicals Limited was incorporated in 1988 and is based in Mumbai, India.

I G Petrochemicals Dividend Announcement

I G Petrochemicals announced a annually dividend of ₹7.50 per ordinary share which will be made payable on 2024-10-05. Ex dividend date: 2024-08-29
I G Petrochemicals annual dividend for 2024 was ₹7.50
I G Petrochemicals annual dividend for 2023 was ₹10.00
I G Petrochemicals's trailing twelve-month (TTM) dividend yield is 1.25%
I G Petrochemicals's dividend growth over the last five years (2018-2023) was 20.11% year

I G Petrochemicals Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-29₹7.50annually2024-10-05
2023-08-17₹10.00annually2023-08-31
2022-08-02₹10.00annually2022-09-09
2021-07-15₹7.50annually2021-08-22
2020-08-18₹2.00annually2020-09-25
2019-07-26₹4.00annually2019-09-04
2018-08-16₹4.00annually2018-09-26
2017-09-12₹3.00annually2017-10-20
2016-08-23₹2.00annually2016-09-30
2015-08-07₹1.00annually2015-08-25
2007-11-07₹0.50annually2007-12-01

I G Petrochemicals Dividend per year

I G Petrochemicals Dividend growth

I G Petrochemicals Dividend Yield

I G Petrochemicals current trailing twelve-month (TTM) dividend yield is 1.25%. Interested in purchasing I G Petrochemicals stock? Use our calculator to estimate your expected dividend yield:

I G Petrochemicals Financial Ratios

P/E ratio33.61
PEG ratio-0.39
P/B ratio1.43
ROE4.37%
Payout ratio0.00%
Current ratio1.49
Quick ratio1.05
Cash Ratio0.01

I G Petrochemicals Dividend FAQ

How much is the next I G Petrochemicals dividend?
I G Petrochemicals's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next I G Petrochemicals dividend. The next I G Petrochemicals dividend will be released in August.
When is I G Petrochemicals dividend paid?
I G Petrochemicals pays dividends on a annually basis. The specific dates may vary each year but are generally around August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does I G Petrochemicals pay?
The specific amount of I G Petrochemicals dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find I G Petrochemicals's dividend history.
Does I G Petrochemicals stock pay dividends?
Yes, I G Petrochemicals does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find I G Petrochemicals's dividend history.
How much dividend does I G Petrochemicals pay?
I G Petrochemicals paid ₹7.5 in 2024, ₹10.0 in 2023, ₹10.0 in 2022, ₹7.5 in 2021, and ₹2.0 in 2020.
How often does I G Petrochemicals pay dividends?
I G Petrochemicals typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is I G Petrochemicals's dividend yield?
The current dividend yield for I G Petrochemicals is 1.25%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate I G Petrochemicals's exact dividend yield.
When does I G Petrochemicals go ex dividend?
I G Petrochemicals's ex-dividend date for the latest dividend was on 2024-08-29. I G Petrochemicals typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next I G Petrochemicals dividend paid?
I G Petrochemicals pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will I G Petrochemicals increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether I G Petrochemicals will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is I G Petrochemicals dividend per share?
I G Petrochemicals paid ₹7.5 per share in 2024 and ₹10.0 per share in 2023. The amount of dividend per share that I G Petrochemicals pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is I G Petrochemicals a dividend aristocrat?
No, 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 I G Petrochemicals a dividend king?
No, 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 I G Petrochemicals a dividend stock?
Yes, I G Petrochemicals is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is I G Petrochemicals a good dividend stock?
Whether I G Petrochemicals is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. I G Petrochemicals has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating I G Petrochemicals 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.
Does I G Petrochemicals pay dividends monthly?
I G Petrochemicals typically pays dividends on a annually basis.
Does I G Petrochemicals pay dividends quarterly?
I G Petrochemicals currently pays dividends on a annually basis.
Has I G Petrochemicals ever paid a dividend?
Yes, I G Petrochemicals has a history of paying dividends to its shareholders. I G Petrochemicals is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy I G Petrochemicals dividend stocks?
To buy I G Petrochemicals 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy I G Petrochemicals 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.
When does I G Petrochemicals pay dividends 2024?
I G Petrochemicals pays dividends on a annually basis. 2024 dividend payments are in 2024-10-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will I G Petrochemicals increase its dividend in 2024?
Decisions regarding I G Petrochemicals dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date I G Petrochemicals dividend overview you can look into the above table of dividend history.
How I G Petrochemicals dividend works?
The I G Petrochemicals dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how I G Petrochemicals's dividend process works:

1. Determination of Dividend: I G Petrochemicals'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, I G Petrochemicals 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, I G Petrochemicals 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 I G Petrochemicals 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.
How are I G Petrochemicals dividends paid?
I G Petrochemicals dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: I G Petrochemicals 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, I G Petrochemicals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: I G Petrochemicals 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.
How many times does I G Petrochemicals pay dividends?
I G Petrochemicals typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does I G Petrochemicals pay dividends?
The general pattern is that I G Petrochemicals pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is I G Petrochemicals dividend safe?
The safety of I G Petrochemicals's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of I G Petrochemicals'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 I G Petrochemicals'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.