Kothari Products Limited, together with its subsidiaries, engages in international trade and real estate activities in India. It operates through two segments, Trading and Real Estate. The company is involved in the import, export, and trade of various products/commodities, including agro based commodities, minerals, metals, petroleum products and coal, tiles, notebooks, computer storage devices, computer hardware products, electronic components, transformers, copier papers, steel products, scrap and PVC products, etc. It also develops land, commercial, retail, mall, hotel, and service apartment projects, as well as leases commercial buildings; operates a hotel, as well as senior secondary schools; and invests in stocks and mutual funds. The company was incorporated in 1983 and is based in Kanpur, India.
Kothari Products Dividend Announcement
• Kothari Products announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2019-10-23. Ex dividend date: 2019-09-12
• Kothari Products's trailing twelve-month (TTM) dividend yield is -%
Kothari Products Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-09-12 | ₹1.00 | annually | 2019-10-23 |
2018-09-14 | ₹1.50 | annually | 2018-10-25 |
2017-09-13 | ₹3.00 | annually | 2017-10-22 |
2016-03-17 | ₹3.00 | annually | 2016-03-31 |
2015-09-15 | ₹6.50 | annually | 2015-10-10 |
2014-09-10 | ₹6.00 | annually | 2014-09-30 |
2013-09-04 | ₹20.00 | annually | 2013-09-23 |
2012-09-12 | ₹15.00 | annually | 2012-10-21 |
2011-09-14 | ₹22.00 | annually | 2011-10-23 |
2010-09-09 | ₹20.00 | annually | 2010-09-27 |
2009-09-15 | ₹10.00 | annually | 2009-09-29 |
2008-09-09 | ₹10.00 | annually | 2008-10-01 |
Kothari Products Dividend per year
Kothari Products Dividend growth
Kothari Products Dividend Yield
Kothari Products current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Kothari Products stock? Use our calculator to estimate your expected dividend yield:
Kothari Products Financial Ratios
Kothari Products Dividend FAQ
Other factors to consider when evaluating Kothari Products 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: Kothari Products'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, Kothari Products 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, Kothari Products 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 Kothari Products 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: Kothari Products 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, Kothari Products distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kothari Products 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 Kothari Products'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 Kothari Products'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.