Kothari Sugars and Chemicals Limited manufactures and sells sugar and its by-products in India and internationally. The company operates in three segments: Sugar, Cogeneration of Power, and Distillery. It also engages in the co-generation of power from bagasse; production of industrial alcohol from molasses; and bio-compost from press mud and distillery effluents. In addition, the company provides liquid hand sanitizers. The company was incorporated in 1960 and is headquartered in Chennai, India. Kothari Sugars and Chemicals Limited is a subsidiary of Parvathi Trading & Finance Co. Pvt. Ltd.
Kothari Sugars and Chemicals Dividend Announcement
• Kothari Sugars and Chemicals announced a semi annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-03-12. Ex dividend date: 2024-02-20
• Kothari Sugars and Chemicals annual dividend for 2024 was ₹0.50
• Kothari Sugars and Chemicals annual dividend for 2023 was ₹1.00
• Kothari Sugars and Chemicals's trailing twelve-month (TTM) dividend yield is 1.02%
Kothari Sugars and Chemicals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-02-20 | ₹0.50 | semi annually | 2024-03-12 |
2023-08-03 | ₹0.50 | semi annually | 2023-09-09 |
2023-02-16 | ₹0.50 | semi annually | 2023-03-06 |
2019-07-30 | ₹0.50 | semi annually | 2019-09-06 |
2017-08-31 | ₹0.50 | semi annually | 2017-10-08 |
2014-08-26 | ₹0.50 | semi annually |
Kothari Sugars and Chemicals Dividend per year
Kothari Sugars and Chemicals Dividend Yield
Kothari Sugars and Chemicals current trailing twelve-month (TTM) dividend yield is 1.02%. Interested in purchasing Kothari Sugars and Chemicals stock? Use our calculator to estimate your expected dividend yield:
Kothari Sugars and Chemicals Financial Ratios
Kothari Sugars and Chemicals Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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