Jocil Limited manufactures and sells stearic acids, fatty acids, soap noodles, toilet soaps, refined glycerine, and industrial oxygen in India. It operates through Chemicals, Soap, and Power segments. The company also offers contract manufacturing services; and generates power from biomass and wind. The company was formerly known as Jayalakshmi Oil and Chemical Industries Limited and changed its name to Jocil Limited in 1992. The company was incorporated in 1978 and is based in Guntur, India. Jocil Limited is a subsidiary of The Andhra Sugars Limited.
Jocil Dividend Announcement
• Jocil announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-19. Ex dividend date: 2024-09-06
• Jocil annual dividend for 2024 was ₹1.50
• Jocil annual dividend for 2023 was ₹2.50
• Jocil's trailing twelve-month (TTM) dividend yield is 0.72%
• Jocil's dividend growth over the last five years (2018-2023) was 4.56% year
• Jocil's dividend growth over the last ten years (2013-2023) was -8.38% year
Jocil Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-06 | ₹1.50 | annually | 2024-10-19 |
2023-09-08 | ₹2.50 | annually | 2023-10-23 |
2022-09-08 | ₹2.00 | annually | 2022-10-24 |
2021-09-08 | ₹3.00 | annually | 2021-10-22 |
2020-09-03 | ₹3.00 | annually | 2020-10-24 |
2019-09-12 | ₹1.00 | annually | 2019-10-21 |
2018-09-06 | ₹2.00 | annually | 2018-10-01 |
2017-09-01 | ₹3.00 | annually | 2017-10-01 |
2016-03-22 | ₹7.00 | annually | 2016-03-31 |
2015-08-14 | ₹6.00 | annually | 2015-10-19 |
2014-08-08 | ₹5.00 | annually | 2014-10-06 |
2013-08-05 | ₹6.00 | annually | 2013-09-23 |
Jocil Dividend per year
Jocil Dividend growth
Jocil Dividend Yield
Jocil current trailing twelve-month (TTM) dividend yield is 0.72%. Interested in purchasing Jocil stock? Use our calculator to estimate your expected dividend yield:
Jocil Financial Ratios
Jocil Dividend FAQ
Other factors to consider when evaluating Jocil 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: Jocil'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, Jocil 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, Jocil 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 Jocil 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: Jocil 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, Jocil distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jocil 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 Jocil'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 Jocil'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.