Mold-Tek Packaging Limited manufactures and sells plastic packaging containers in India. It provides sanitizer containers, dispensing pumps, food containers, paint packaging products, lubricant packs, and bulk packaging products. The company was formerly known as Moldtek Plastics Limited and changed its name to Mold-Tek Packaging Limited in March 2010. The company was founded in 1986 and is based in Hyderabad, India.
Mold-Tek Packaging Dividend Announcement
• Mold-Tek Packaging announced a semi annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-19
• Mold-Tek Packaging annual dividend for 2024 was ₹3.00
• Mold-Tek Packaging annual dividend for 2023 was ₹6.00
• Mold-Tek Packaging's trailing twelve-month (TTM) dividend yield is 0.43%
• Mold-Tek Packaging's dividend growth over the last five years (2018-2023) was 8.45% year
Mold-Tek Packaging Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | ₹1.00 | semi annually | 2024-10-26 |
2024-04-12 | ₹2.00 | semi annually | |
2023-09-18 | ₹2.00 | semi annually | 2023-10-26 |
2023-04-21 | ₹4.00 | semi annually | 2023-05-11 |
2022-09-22 | ₹2.00 | semi annually | 2022-10-30 |
2022-04-28 | ₹6.00 | semi annually | 2022-05-21 |
2021-09-22 | ₹4.00 | semi annually | 2021-10-30 |
2021-03-16 | ₹3.00 | semi annually | 2021-04-07 |
2020-03-19 | ₹5.00 | semi annually | 2020-04-09 |
2019-09-20 | ₹2.00 | semi annually | 2019-10-30 |
2019-05-09 | ₹2.00 | semi annually | 2019-05-31 |
2018-09-19 | ₹2.00 | semi annually | 2018-10-29 |
2018-05-21 | ₹2.00 | semi annually | 2018-06-13 |
2017-09-14 | ₹1.60 | semi annually | 2017-10-22 |
2017-04-10 | ₹2.00 | semi annually | 2017-04-29 |
2016-09-09 | ₹1.25 | semi annually | 2016-10-19 |
2016-03-18 | ₹0.99 | semi annually | 2016-03-22 |
2015-09-18 | ₹2.00 | semi annually | 2015-10-28 |
2015-03-12 | ₹2.00 | semi annually | 2015-03-31 |
Mold-Tek Packaging Dividend per year
Mold-Tek Packaging Dividend growth
Mold-Tek Packaging Dividend Yield
Mold-Tek Packaging current trailing twelve-month (TTM) dividend yield is 0.43%. Interested in purchasing Mold-Tek Packaging stock? Use our calculator to estimate your expected dividend yield:
Mold-Tek Packaging Financial Ratios
Mold-Tek Packaging Dividend FAQ
Other factors to consider when evaluating Mold-Tek Packaging 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: Mold-Tek Packaging'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, Mold-Tek Packaging 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, Mold-Tek Packaging 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 Mold-Tek Packaging 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: Mold-Tek Packaging 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, Mold-Tek Packaging distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mold-Tek Packaging 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 Mold-Tek Packaging'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 Mold-Tek Packaging'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.