Indo Borax & Chemicals Limited manufactures and sells boron and lithium products in India. It offers borax products, such as decahydrate crystals and decahydrate granular products; boric acid products that include I.P. grade boric acid powder and granular, tech grade granular, and tech grade powders; and lithium hydroxide monohydrate products. The company was incorporated in 1980 and is based in Mumbai, India.
Indo Borax & Chemicals Dividend Announcement
• Indo Borax & Chemicals announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-08-20 • Indo Borax & Chemicals annual dividend for 2024 was ₹1.00 • Indo Borax & Chemicals annual dividend for 2023 was ₹1.00 • Indo Borax & Chemicals's trailing twelve-month (TTM) dividend yield is 0.48%
Indo Borax & Chemicals current trailing twelve-month (TTM) dividend yield is 0.48%. Interested in purchasing Indo Borax & Chemicals stock? Use our calculator to estimate your expected dividend yield:
Indo Borax & Chemicals Financial Ratios
P/E ratio15.53
PEG ratio0.16
P/B ratio2.11
ROE14.87%
Payout ratio0.00%
Current ratio9.46
Quick ratio8.81
Cash Ratio4.86
Indo Borax & Chemicals Dividend FAQ
How much is the next Indo Borax & Chemicals dividend?
Indo Borax & Chemicals's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Indo Borax & Chemicals dividend. The next Indo Borax & Chemicals dividend will be released in August.
When is Indo Borax & Chemicals dividend paid?
Indo Borax & Chemicals 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 Indo Borax & Chemicals pay?
The specific amount of Indo Borax & Chemicals 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 Indo Borax & Chemicals's dividend history.
Does Indo Borax & Chemicals stock pay dividends?
Yes, Indo Borax & Chemicals 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 Indo Borax & Chemicals's dividend history.
How much dividend does Indo Borax & Chemicals pay?
Indo Borax & Chemicals paid ₹1 in 2024, ₹1 in 2023, ₹1 in 2022, ₹0 in 2021, and ₹0 in 2020.
How often does Indo Borax & Chemicals pay dividends?
Indo Borax & Chemicals 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 Indo Borax & Chemicals's dividend yield?
The current dividend yield for Indo Borax & Chemicals is 0.48%. 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 Indo Borax & Chemicals's exact dividend yield.
When does Indo Borax & Chemicals go ex dividend?
Indo Borax & Chemicals's ex-dividend date for the latest dividend was on 2024-08-20. Indo Borax & Chemicals 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 Indo Borax & Chemicals dividend paid?
Indo Borax & Chemicals pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Indo Borax & Chemicals 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 Indo Borax & Chemicals 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 Indo Borax & Chemicals dividend per share?
Indo Borax & Chemicals paid ₹1 per share in 2024 and ₹1 per share in 2023. The amount of dividend per share that Indo Borax & Chemicals 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 Indo Borax & Chemicals 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 Indo Borax & Chemicals 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 Indo Borax & Chemicals a dividend stock?
Yes, Indo Borax & Chemicals is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Indo Borax & Chemicals a good dividend stock?
Whether Indo Borax & Chemicals is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Indo Borax & Chemicals has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Indo Borax & Chemicals 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 Indo Borax & Chemicals pay dividends monthly?
Indo Borax & Chemicals typically pays dividends on a annually basis.
Does Indo Borax & Chemicals pay dividends quarterly?
Indo Borax & Chemicals currently pays dividends on a annually basis.
Has Indo Borax & Chemicals ever paid a dividend?
Yes, Indo Borax & Chemicals has a history of paying dividends to its shareholders. Indo Borax & Chemicals is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Indo Borax & Chemicals dividend stocks?
To buy Indo Borax & Chemicals 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 Indo Borax & Chemicals 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 Indo Borax & Chemicals pay dividends 2024?
Indo Borax & Chemicals pays dividends on a annually basis. 2024 dividend payments are in 2024-09-26. 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 Indo Borax & Chemicals increase its dividend in 2024?
Decisions regarding Indo Borax & Chemicals 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 Indo Borax & Chemicals dividend overview you can look into the above table of dividend history.
How Indo Borax & Chemicals dividend works?
The Indo Borax & Chemicals 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 Indo Borax & Chemicals's dividend process works:
1. Determination of Dividend: Indo Borax & Chemicals'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, Indo Borax & Chemicals 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, Indo Borax & Chemicals 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 Indo Borax & Chemicals 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 Indo Borax & Chemicals dividends paid?
Indo Borax & Chemicals dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Indo Borax & Chemicals 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, Indo Borax & Chemicals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indo Borax & Chemicals 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 Indo Borax & Chemicals pay dividends?
Indo Borax & Chemicals 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 Indo Borax & Chemicals pay dividends?
The general pattern is that Indo Borax & Chemicals 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 Indo Borax & Chemicals dividend safe?
The safety of Indo Borax & Chemicals'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 Indo Borax & Chemicals'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 Indo Borax & Chemicals'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.