JK Paper Limited produces and sells papers and paper boards in India. It offers office and copier papers for use in color printing, black and white printing, photo copying, pamphlet printing, letter heads, and legal and accounting documentation purposes; uncoated writing and printing paper to produce various stationary products, including notebooks, books, envelopes, drawing and sketching sheet, etc.; coated printing papers; and packaging solutions for the pharma, food and beverages, and FMCG. The company sells its products under the JK Copier, JK Easy Copier, JK Copier Plus, JK Excel Bond, JK SS Maplitho (SHB), JK Cote, JK Ultima, and JK Endure brands. It also exports its products in the United States, the United Kingdom, Bangladesh, Singapore, Malaysia, Africa, the Middle East, and internationally. The company was formerly known as Central Pulp Mills Ltd. and changed its name to JK Paper Limited in May 2002. JK Paper Limited was founded in 1938 and is headquartered in New Delhi, India.
JK Paper Dividend Announcement
• JK Paper announced a semi annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-08-20
• JK Paper annual dividend for 2024 was ₹8.50
• JK Paper annual dividend for 2023 was ₹8.00
• JK Paper's trailing twelve-month (TTM) dividend yield is 1.75%
• JK Paper's dividend growth over the last five years (2018-2023) was 26.19% year
JK Paper Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-20 | ₹5.00 | semi annually | 2024-10-03 |
2024-02-16 | ₹3.50 | semi annually | |
2023-08-18 | ₹4.00 | semi annually | 2023-10-01 |
2023-02-17 | ₹4.00 | semi annually | 2023-03-07 |
2022-08-23 | ₹5.50 | semi annually | 2022-10-06 |
2021-08-12 | ₹4.00 | semi annually | 2021-09-30 |
2020-03-05 | ₹4.00 | semi annually | 2020-03-19 |
2019-08-13 | ₹3.50 | semi annually | 2019-09-22 |
2018-08-08 | ₹2.50 | semi annually | 2018-09-16 |
2017-05-26 | ₹1.50 | semi annually | 2017-10-14 |
2016-09-06 | ₹0.50 | semi annually | 2016-10-14 |
2013-08-01 | ₹0.50 | semi annually | |
2012-07-30 | ₹1.50 | semi annually | 2012-08-27 |
2011-02-11 | ₹2.25 | semi annually | 2011-02-24 |
JK Paper Dividend per year
JK Paper Dividend growth
JK Paper Dividend Yield
JK Paper current trailing twelve-month (TTM) dividend yield is 1.75%. Interested in purchasing JK Paper stock? Use our calculator to estimate your expected dividend yield:
JK Paper Financial Ratios
JK Paper Dividend FAQ
Other factors to consider when evaluating JK Paper 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: JK Paper'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, JK Paper 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, JK Paper 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 JK Paper 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: JK Paper 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, JK Paper distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: JK Paper 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 JK Paper'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 JK Paper'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.