Mitsu Chem Plast Ltd. engages in the manufacture of plastic blow molded and injection molded products. It operates through the following business segments: Container, Furniture, Automotive, and Others. The Container segment produces containers, bottles, jars, and full open tope drums. The Furniture segment includes hospital bed parts and accessories, side trolleys, over bed tables, and spine board. The Automotive segment consists of air intake duct, AC ducting pipe, and washer tanks. The Others segment comprises of blow molded chairs, and medical devices such as pregnancy kit, malaria kit, and HIV kit. The company was founded on September 23, 1988 and is headquartered in Mumbai, India.
Mitsu Chem Plast Dividend Announcement
• Mitsu Chem Plast announced a annually dividend of ₹0.20 per ordinary share which will be made payable on 2024-08-26. Ex dividend date: 2024-08-20 • Mitsu Chem Plast annual dividend for 2024 was ₹0.20 • Mitsu Chem Plast annual dividend for 2023 was ₹0.19 • Mitsu Chem Plast's trailing twelve-month (TTM) dividend yield is 0.16% • Mitsu Chem Plast's dividend growth over the last five years (2018-2023) was -16.75% year
Mitsu Chem Plast current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing Mitsu Chem Plast stock? Use our calculator to estimate your expected dividend yield:
Mitsu Chem Plast Financial Ratios
P/E ratio20.53
PEG ratio-6.89
P/B ratio1.84
ROE10.43%
Payout ratio0.00%
Current ratio1.24
Quick ratio0.84
Cash Ratio0.00
Mitsu Chem Plast Dividend FAQ
How much is the next Mitsu Chem Plast dividend?
Mitsu Chem Plast's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mitsu Chem Plast dividend. The next Mitsu Chem Plast dividend will be released in September.
When is Mitsu Chem Plast dividend paid?
Mitsu Chem Plast pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Mitsu Chem Plast pay?
The specific amount of Mitsu Chem Plast 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 Mitsu Chem Plast's dividend history.
Does Mitsu Chem Plast stock pay dividends?
Yes, Mitsu Chem Plast 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 Mitsu Chem Plast's dividend history.
How much dividend does Mitsu Chem Plast pay?
Mitsu Chem Plast paid ₹0.2 in 2024, ₹0.194 in 2023, ₹0.194 in 2022, ₹0.194 in 2021, and ₹0.194 in 2020.
How often does Mitsu Chem Plast pay dividends?
Mitsu Chem Plast 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 September.
What is Mitsu Chem Plast's dividend yield?
The current dividend yield for Mitsu Chem Plast is 0.16%. 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 Mitsu Chem Plast's exact dividend yield.
When does Mitsu Chem Plast go ex dividend?
Mitsu Chem Plast's ex-dividend date for the latest dividend was on 2024-08-20. Mitsu Chem Plast 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 Mitsu Chem Plast dividend paid?
Mitsu Chem Plast pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Mitsu Chem Plast 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 Mitsu Chem Plast 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 Mitsu Chem Plast dividend per share?
Mitsu Chem Plast paid ₹0.2 per share in 2024 and ₹0.194 per share in 2023. The amount of dividend per share that Mitsu Chem Plast 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 Mitsu Chem Plast 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 Mitsu Chem Plast 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 Mitsu Chem Plast a dividend stock?
Yes, Mitsu Chem Plast is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mitsu Chem Plast a good dividend stock?
Whether Mitsu Chem Plast is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mitsu Chem Plast has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mitsu Chem Plast 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 Mitsu Chem Plast pay dividends monthly?
Mitsu Chem Plast typically pays dividends on a annually basis.
Does Mitsu Chem Plast pay dividends quarterly?
Mitsu Chem Plast currently pays dividends on a annually basis.
Has Mitsu Chem Plast ever paid a dividend?
Yes, Mitsu Chem Plast has a history of paying dividends to its shareholders. Mitsu Chem Plast is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mitsu Chem Plast dividend stocks?
To buy Mitsu Chem Plast 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 Mitsu Chem Plast 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 Mitsu Chem Plast pay dividends 2024?
Mitsu Chem Plast pays dividends on a annually basis. 2024 dividend payments are in 2024-08-26. 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 Mitsu Chem Plast increase its dividend in 2024?
Decisions regarding Mitsu Chem Plast 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 Mitsu Chem Plast dividend overview you can look into the above table of dividend history.
How Mitsu Chem Plast dividend works?
The Mitsu Chem Plast 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 Mitsu Chem Plast's dividend process works:
1. Determination of Dividend: Mitsu Chem Plast'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, Mitsu Chem Plast 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, Mitsu Chem Plast 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 Mitsu Chem Plast 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 Mitsu Chem Plast dividends paid?
Mitsu Chem Plast dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mitsu Chem Plast 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, Mitsu Chem Plast distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mitsu Chem Plast 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 Mitsu Chem Plast pay dividends?
Mitsu Chem Plast 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 Mitsu Chem Plast pay dividends?
The general pattern is that Mitsu Chem Plast pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mitsu Chem Plast dividend safe?
The safety of Mitsu Chem Plast'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 Mitsu Chem Plast'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 Mitsu Chem Plast'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.