The Indian Card Clothing Company Limited manufactures and sells card clothing in India. The company operates in Card Clothing and Real Estate segments. Its products include cotton and synthetic products comprising cylinder wires, doffer wires, lickerin wires, and flat tops; metallic wires for non-woven cards; woolen, sundry, and fancy fillets; and rasing fillets and brush sheets for various fibres, yarn rasing fillets, humbugs, and hand cleaning cards. The company also provides Accura carding systems for ERM and RSK; Accura carding elements; and XTRAC systems; and card room machinery, including TOPS height measurement and re-shaping, wire re-shaping, roller mounting, and clipit machines. It also exports its products. The company was incorporated in 1955 and is based in Pune, India. The Indian Card Clothing Company Limited is a subsidiary of Multi Act Industrial Enterprises Limited.
Indian Card Clothing Dividend Announcement
• Indian Card Clothing announced a quarterly dividend of ₹25.00 per ordinary share which will be made payable on 2022-07-27. Ex dividend date: 2022-07-07
• Indian Card Clothing's trailing twelve-month (TTM) dividend yield is -%
Indian Card Clothing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-07-07 | ₹25.00 | quarterly | 2022-07-27 |
2022-05-12 | ₹25.00 | quarterly | 2022-09-01 |
2017-08-03 | ₹2.00 | quarterly | 2017-09-10 |
2016-08-25 | ₹10.00 | quarterly | |
2016-08-04 | ₹2.50 | quarterly | |
2016-05-31 | ₹12.00 | quarterly | 2016-09-11 |
2015-07-29 | ₹2.50 | quarterly | 2015-09-05 |
2014-07-24 | ₹3.00 | quarterly | 2014-08-30 |
2013-07-22 | ₹3.50 | quarterly | 2013-08-31 |
2012-08-01 | ₹3.50 | quarterly | |
2012-02-08 | ₹10.00 | quarterly | 2012-02-23 |
2011-08-16 | ₹3.00 | quarterly | 2011-09-24 |
2010-07-29 | ₹3.00 | quarterly | 2010-09-08 |
2009-07-31 | ₹2.50 | quarterly | 2009-09-01 |
2008-07-31 | ₹6.00 | quarterly | 2008-09-01 |
2007-08-02 | ₹2.50 | quarterly | 2007-09-01 |
2007-03-16 | ₹10.00 | quarterly | 2007-04-04 |
Indian Card Clothing Dividend per year
Indian Card Clothing Dividend growth
Indian Card Clothing Dividend Yield
Indian Card Clothing current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Indian Card Clothing stock? Use our calculator to estimate your expected dividend yield:
Indian Card Clothing Financial Ratios
Indian Card Clothing Dividend FAQ
Other factors to consider when evaluating Indian Card Clothing 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: Indian Card Clothing'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, Indian Card Clothing 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, Indian Card Clothing 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 Indian Card Clothing 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: Indian Card Clothing 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, Indian Card Clothing distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indian Card Clothing 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 Indian Card Clothing'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 Indian Card Clothing'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.