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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 dateDividend amountDividend typePay date
2024-02-20₹0.50semi annually2024-03-12
2023-08-03₹0.50semi annually2023-09-09
2023-02-16₹0.50semi annually2023-03-06
2019-07-30₹0.50semi annually2019-09-06
2017-08-31₹0.50semi annually2017-10-08
2014-08-26₹0.50semi 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

P/E ratio13.54
PEG ratio0.11
P/B ratio1.44
ROE10.80%
Payout ratio0.00%
Current ratio3.23
Quick ratio1.82
Cash Ratio0.09

Kothari Sugars and Chemicals Dividend FAQ

Does Kothari Sugars and Chemicals stock pay dividends?
Kothari Sugars and Chemicals does not currently pay dividends to its shareholders.
Has Kothari Sugars and Chemicals ever paid a dividend?
No, Kothari Sugars and Chemicals has no a history of paying dividends to its shareholders. Kothari Sugars and Chemicals is not known for its dividend payments.
Why doesn't Kothari Sugars and Chemicals pay dividends?
There are several potential reasons why Kothari Sugars and Chemicals would choose not to pay dividends to their shareholders:

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.
Will Kothari Sugars and Chemicals ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Kothari Sugars and Chemicals has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Kothari Sugars and Chemicals a dividend aristocrat?
Kothari Sugars and Chemicals is not considered a Dividend Aristocrat. 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 Kothari Sugars and Chemicals a dividend king?
Kothari Sugars and Chemicals is not classified as a "Dividend King". 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 Kothari Sugars and Chemicals a dividend stock?
No, Kothari Sugars and Chemicals is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Kothari Sugars and Chemicals stocks?
To buy Kothari Sugars and Chemicals 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Kothari Sugars and Chemicals 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.