India Glycols Limited, a green petrochemical company, manufactures and sells industrial chemicals in India. The company operates through Industrial Chemical, Ethyl Alcohol, and Nutraceuticals segments. It offers monoethylene, diethylene, and triethylene glycols; polyethylene glycols; fatty alcohol, acid, and amine ethoxylates; alkyl phenol ethoxylates; castor/natural oil ethoxylates; and ethoxylated and propoxylated co-polymers. The company also provides polysorbates; glycol ethers and acetates; brake fluids and anti-freeze coolants; performance chemicals; natural gums, including guar gums and other hydrocolloid products; extra neutral alcohols/rectified spirits; Indian-made foreign liquor; and alcohol-based hand sanitizers. In addition, it offers natural active pharmaceutical ingredients, standardized botanical and herbal extracts, and spice extracts; and industrial gases, such as liquid oxygen, argon, nitrogen, and carbon dioxide, as well as IGL Steri-gas ethylene oxide and carbon dioxide gas mixtures. The company also exports its products. It serves agrochemical, automotive, detergent, healthcare and food processing, mining, oil and gas, paper, personal care, pharmaceutical, paint and emulsion polymerization, textile, and other industries. The company was formerly known as UP Glycols Limited and changed its name to India Glycols Limited in August 1986. India Glycols Limited was incorporated in 1983 and is headquartered in Noida, India.
India Glycols Dividend Announcement
• India Glycols announced a annually dividend of ₹8.00 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-08-21
• India Glycols annual dividend for 2024 was ₹8.00
• India Glycols annual dividend for 2023 was ₹7.50
• India Glycols's trailing twelve-month (TTM) dividend yield is 0.66%
• India Glycols's dividend growth over the last five years (2018-2023) was 13.40% year
India Glycols Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-21 | ₹8.00 | annually | 2024-09-27 |
2023-09-05 | ₹7.50 | annually | 2023-10-12 |
2022-08-29 | ₹7.50 | annually | 2022-10-07 |
2021-09-16 | ₹6.00 | annually | 2021-10-24 |
2020-03-11 | ₹6.00 | annually | 2020-03-31 |
2019-08-13 | ₹6.00 | annually | 2019-09-21 |
2018-07-26 | ₹4.00 | annually | 2018-09-03 |
2017-08-23 | ₹1.00 | annually | 2017-10-01 |
2014-09-08 | ₹1.00 | annually | 2014-10-20 |
2013-09-05 | ₹2.00 | annually | 2013-10-18 |
2013-03-14 | ₹4.00 | annually | 2013-06-29 |
2012-09-03 | ₹3.00 | annually | 2012-10-15 |
2011-09-13 | ₹1.50 | annually | 2011-10-27 |
India Glycols Dividend per year
India Glycols Dividend growth
India Glycols Dividend Yield
India Glycols current trailing twelve-month (TTM) dividend yield is 0.66%. Interested in purchasing India Glycols stock? Use our calculator to estimate your expected dividend yield:
India Glycols Financial Ratios
India Glycols Dividend FAQ
Other factors to consider when evaluating India Glycols 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: India Glycols'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, India Glycols 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, India Glycols 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 India Glycols 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: India Glycols 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, India Glycols distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: India Glycols 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 India Glycols'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 India Glycols'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.