Indo Count Industries Limited manufactures and sells home textile products in India. The company offers bed sheets; fashion bedding products, such as matching and complementary sheets, comforters, duvet covers, quilts, pillows, shams, and skirts; utility bedding products; institutional bedding products, which include matching sheets, comforters, duvet covers, quilts, pillows, shams, euro-shams, and skirts; and bedding products, such as flat sheets, printed bed sheets, fitted sheets, and bed skirt/valance. It operates showrooms in the United Kingdom and the United States. The company sells its products under the Boutique Living, Haven, Revival, Pure Collection, Linen Closet, Simply-put, Whole Comfort, Purity Home, The Cotton Exchange, Color sense, Kids Corner, True Grip, Heirlooms of India, Atlas, Wholistic, SleepRx, and Layers brands through multi brand outlets, large format stores, and e-commerce platform. It exports its products to approximately 54 countries. The company was incorporated in 1988 and is headquartered in Mumbai, India.
Indo Count Industries Dividend Announcement
• Indo Count Industries announced a annually dividend of ₹2.20 per ordinary share which will be made payable on 2024-08-31. Ex dividend date: 2024-07-24
• Indo Count Industries annual dividend for 2024 was ₹2.20
• Indo Count Industries annual dividend for 2023 was ₹2.00
• Indo Count Industries's trailing twelve-month (TTM) dividend yield is 0.59%
• Indo Count Industries's dividend growth over the last five years (2018-2023) was 20.11% year
Indo Count Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-24 | ₹2.20 | annually | 2024-08-31 |
2023-08-11 | ₹2.00 | annually | 2023-09-20 |
2022-09-19 | ₹2.00 | annually | 2022-10-28 |
2021-08-26 | ₹1.50 | annually | 2021-09-30 |
2020-07-22 | ₹0.60 | annually | 2020-08-28 |
2019-08-01 | ₹0.60 | annually | 2019-09-12 |
2018-08-30 | ₹0.40 | annually | 2018-10-11 |
2018-02-22 | ₹0.40 | annually | 2018-03-15 |
2017-08-07 | ₹0.40 | annually | 2017-09-20 |
2017-02-22 | ₹0.40 | annually | 2017-03-07 |
2016-07-15 | ₹1.00 | annually | 2016-08-25 |
2015-11-03 | ₹1.00 | annually | 2016-04-01 |
Indo Count Industries Dividend per year
Indo Count Industries Dividend growth
Indo Count Industries Dividend Yield
Indo Count Industries current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing Indo Count Industries stock? Use our calculator to estimate your expected dividend yield:
Indo Count Industries Financial Ratios
Indo Count Industries Dividend FAQ
Other factors to consider when evaluating Indo Count Industries 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: Indo Count Industries'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 Count Industries 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 Count Industries 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 Count Industries 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: Indo Count Industries 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 Count Industries 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 Count Industries 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 Indo Count Industries'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 Count Industries'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.