Jai Corp Limited primarily engages in the plastic processing business in India. It operates through five segments: Steel, Plastic Processing, Spinning, Assets Management Activity, and Real Estate. The company offers polypropylene and polyethylene woven products, including discharge, filling, lift loop, liner, and stites type flexible intermediate bulk containers and woven sacks; and fabrics, such as geo-textiles, industrial fabrics, and landscape textiles, as well as open, duffel, rigid standalone loop, and customized bags. It also produces, processes, and trades in steel products comprising cold rolled coils, and galvanized plain and corrugated sheets. In addition, the company produces spun yarn in blends consisting of polyester, polyester/viscose, viscose, acrylic, polyester/acrylic, and polyester/viscose/acrylic for various applications that include apparel, home furnishings, carpets, industrial applications, etc. Further, it engages in the special economic zone development, infrastructure, venture capital, land and buildings development, and investment advisory activities; and provision of masterbatches. The company also exports its products. Jai Corp Limited was incorporated in 1985 and is based in Mumbai, India.
Jai Dividend Announcement
• Jai announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-08-27
• Jai annual dividend for 2024 was ₹0.50
• Jai annual dividend for 2023 was ₹0.50
• Jai's trailing twelve-month (TTM) dividend yield is 0.13%
Jai Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-27 | ₹0.50 | annually | 2024-10-03 |
2023-09-04 | ₹0.50 | annually | 2023-10-11 |
2022-10-20 | ₹0.50 | annually | 2022-11-30 |
2021-11-12 | ₹0.50 | annually | 2021-12-22 |
2020-12-18 | ₹0.50 | annually | 2021-01-27 |
2019-09-20 | ₹0.50 | annually | 2019-10-30 |
2018-09-17 | ₹0.50 | annually | 2018-10-25 |
2017-09-04 | ₹0.50 | annually | 2017-10-12 |
2016-09-12 | ₹0.50 | annually | 2016-10-21 |
2015-09-15 | ₹0.50 | annually | 2015-10-23 |
2014-09-08 | ₹0.50 | annually | |
2013-09-06 | ₹0.50 | annually | 2013-10-28 |
Jai Dividend per year
Jai Dividend growth
Jai Dividend Yield
Jai current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing Jai stock? Use our calculator to estimate your expected dividend yield:
Jai Financial Ratios
Jai Dividend FAQ
Other factors to consider when evaluating Jai 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: Jai'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, Jai 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, Jai 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 Jai 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: Jai 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, Jai distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jai 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 Jai'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 Jai'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.