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Kanco Tea & Industries Ltd. is engaged in the business of manufacturing and selling of black tea. Its tea estates include Mackeypore, Bamonpookrie, and Lakmijan. The company was founded on February 7, 1983 and is headquartered in Kolkata, India.

KANCO TEA & INDUSTRIES Dividend Announcement

KANCO TEA & INDUSTRIES announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2023-08-26. Ex dividend date: 2023-07-20
KANCO TEA & INDUSTRIES annual dividend for 2023 was ₹1.00
KANCO TEA & INDUSTRIES's trailing twelve-month (TTM) dividend yield is -%

KANCO TEA & INDUSTRIES Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-07-20₹1.00annually2023-08-26
2022-07-28₹1.00annually2022-09-04
2021-08-30₹1.00annually2021-10-07
2018-09-11₹1.00annually2018-09-24
2017-07-06₹0.83annually2017-08-07

KANCO TEA & INDUSTRIES Dividend per year

KANCO TEA & INDUSTRIES Dividend growth

KANCO TEA & INDUSTRIES Dividend Yield

KANCO TEA & INDUSTRIES current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing KANCO TEA & INDUSTRIES stock? Use our calculator to estimate your expected dividend yield:

KANCO TEA & INDUSTRIES Financial Ratios

P/E ratio-4.38
PEG ratio-0.46
P/B ratio0.66
ROE-27.47%
Payout ratio0.00%
Current ratio0.53
Quick ratio0.39
Cash Ratio0.19

KANCO TEA & INDUSTRIES Dividend FAQ

How much is the next KANCO TEA & INDUSTRIES dividend?
KANCO TEA & INDUSTRIES's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next KANCO TEA & INDUSTRIES dividend. The next KANCO TEA & INDUSTRIES dividend will be released in July.
When is KANCO TEA & INDUSTRIES dividend paid?
KANCO TEA & INDUSTRIES pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does KANCO TEA & INDUSTRIES pay?
The specific amount of KANCO TEA & INDUSTRIES dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find KANCO TEA & INDUSTRIES's dividend history.
Does KANCO TEA & INDUSTRIES stock pay dividends?
Yes, KANCO TEA & INDUSTRIES does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find KANCO TEA & INDUSTRIES's dividend history.
How much dividend does KANCO TEA & INDUSTRIES pay?
KANCO TEA & INDUSTRIES paid ₹0.0 in 2024, ₹1.0 in 2023, ₹1.0 in 2022, ₹1.0 in 2021, and ₹0.0 in 2020.
How often does KANCO TEA & INDUSTRIES pay dividends?
KANCO TEA & INDUSTRIES typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is KANCO TEA & INDUSTRIES's dividend yield?
The current dividend yield for KANCO TEA & INDUSTRIES is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate KANCO TEA & INDUSTRIES's exact dividend yield.
When does KANCO TEA & INDUSTRIES go ex dividend?
KANCO TEA & INDUSTRIES's ex-dividend date for the latest dividend was on 2023-07-20. KANCO TEA & INDUSTRIES typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next KANCO TEA & INDUSTRIES dividend paid?
KANCO TEA & INDUSTRIES pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will KANCO TEA & INDUSTRIES increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether KANCO TEA & INDUSTRIES will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is KANCO TEA & INDUSTRIES dividend per share?
KANCO TEA & INDUSTRIES paid ₹0.0 per share in 2024 and ₹1.0 per share in 2023. The amount of dividend per share that KANCO TEA & INDUSTRIES pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is KANCO TEA & INDUSTRIES a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is KANCO TEA & INDUSTRIES a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is KANCO TEA & INDUSTRIES a dividend stock?
Yes, KANCO TEA & INDUSTRIES is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is KANCO TEA & INDUSTRIES a good dividend stock?
Whether KANCO TEA & INDUSTRIES is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. KANCO TEA & INDUSTRIES has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating KANCO TEA & 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.
Does KANCO TEA & INDUSTRIES pay dividends monthly?
KANCO TEA & INDUSTRIES typically pays dividends on a annually basis.
Does KANCO TEA & INDUSTRIES pay dividends quarterly?
KANCO TEA & INDUSTRIES currently pays dividends on a annually basis.
Has KANCO TEA & INDUSTRIES ever paid a dividend?
Yes, KANCO TEA & INDUSTRIES has a history of paying dividends to its shareholders. KANCO TEA & INDUSTRIES is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy KANCO TEA & INDUSTRIES dividend stocks?
To buy KANCO TEA & INDUSTRIES you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy KANCO TEA & INDUSTRIES stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does KANCO TEA & INDUSTRIES pay dividends 2024?
KANCO TEA & INDUSTRIES pays dividends on a annually basis. 2024 dividend payments are in 2023-08-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will KANCO TEA & INDUSTRIES increase its dividend in 2024?
Decisions regarding KANCO TEA & INDUSTRIES dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date KANCO TEA & INDUSTRIES dividend overview you can look into the above table of dividend history.
How KANCO TEA & INDUSTRIES dividend works?
The KANCO TEA & INDUSTRIES dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how KANCO TEA & INDUSTRIES's dividend process works:

1. Determination of Dividend: KANCO TEA & 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, KANCO TEA & 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, KANCO TEA & 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 KANCO TEA & 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.
How are KANCO TEA & INDUSTRIES dividends paid?
KANCO TEA & INDUSTRIES dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: KANCO TEA & 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, KANCO TEA & 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: KANCO TEA & 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.
How many times does KANCO TEA & INDUSTRIES pay dividends?
KANCO TEA & INDUSTRIES typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does KANCO TEA & INDUSTRIES pay dividends?
The general pattern is that KANCO TEA & INDUSTRIES pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is KANCO TEA & INDUSTRIES dividend safe?
The safety of KANCO TEA & INDUSTRIES's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of KANCO TEA & 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 KANCO TEA & 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.