Ion Exchange (India) Limited, together with its subsidiaries, provides water treatment and environment management solutions in Indian and internationally. It operates through Engineering, Chemicals, and Consumer Products segments. The company offers raw water treatment, process treatment, post treatment, drinking water treatment, waste water systems, water recycle, zero liquid discharge, Ion Exchange process, membrane process, ion exchange membrane process, and 3D modelling systems; water purification equipment; and catalyst grade, adsorbent grade, chemical and special process, pharma grade, nuclear grade, hydrometallurgy, and sugar refining resins. It also provides nano filtration, ultra-filtration, sea water RO, fouling resistant, and brackish resistant membranes; and INDION specialty water treatment programme includes cooling water treatment, boiler water treatment, fireside treatment, coagulants, flocculants, membrane cleaning chemicals, and water testing kits. In addition, the company offers INDION online controllers and transmitters, water quality monitoring instruments, water quality measuring indicators, remote monitoring systems, and online effluent monitoring systems; and provides various services, such as consultancy, operator training, design engineering, project financing, and operations and maintenance services, as well as installation, commissioning, rehabilitation, and automation of plant. It serves various industries, such as automotive, cement, chemicals, electronics, food and beverage, fertilizers, paper and pulp, pharma, power, refinery and petrochemical, steel and metallurgy, mining and minerals, sugar, and textiles; educational, hospitality, hospital, laboratory, railway, and defense institutions; communities and municipalities; and residential and commercial establishments. Ion Exchange (India) Limited was incorporated in 1964 and is based in Mumbai, India.
Ion Exchange Dividend Announcement
• Ion Exchange announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-03
• Ion Exchange annual dividend for 2024 was ₹1.50
• Ion Exchange annual dividend for 2023 was ₹1.25
• Ion Exchange's trailing twelve-month (TTM) dividend yield is 0.24%
Ion Exchange Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | ₹1.50 | annually | 2024-10-11 |
2023-08-30 | ₹1.25 | annually | 2023-09-13 |
2022-08-29 | ₹10.00 | annually | 2022-10-08 |
2022-08-12 | ₹100.00 | annually |
Ion Exchange Dividend per year
Ion Exchange Dividend growth
Ion Exchange Dividend Yield
Ion Exchange current trailing twelve-month (TTM) dividend yield is 0.24%. Interested in purchasing Ion Exchange stock? Use our calculator to estimate your expected dividend yield:
Ion Exchange Financial Ratios
Ion Exchange Dividend FAQ
Other factors to consider when evaluating Ion Exchange 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: Ion Exchange'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, Ion Exchange 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, Ion Exchange 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 Ion Exchange 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: Ion Exchange 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, Ion Exchange distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ion Exchange 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 Ion Exchange'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 Ion Exchange'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.