Neelamalai Agro Industries Ltd. engages in the cultivation, manufacture, trade and marketing of tea. It has two estates namely, Katary and Sutton located in the Nilgiris District in Tamil Nadu. The company was founded on April 21, 1943 and is headquartered in Chennai, India.
Neelamalairo Industries Dividend Announcement
• Neelamalairo Industries announced a annually dividend of ₹50.00 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-08-13 • Neelamalairo Industries annual dividend for 2024 was ₹50.00 • Neelamalairo Industries annual dividend for 2023 was ₹30.00 • Neelamalairo Industries's trailing twelve-month (TTM) dividend yield is 2.25% • Neelamalairo Industries's dividend growth over the last five years (2018-2023) was 8.45% year • Neelamalairo Industries's dividend growth over the last ten years (2013-2023) was -2.84% year
Neelamalairo Industries current trailing twelve-month (TTM) dividend yield is 2.25%. Interested in purchasing Neelamalairo Industries stock? Use our calculator to estimate your expected dividend yield:
Neelamalairo Industries Financial Ratios
P/E ratio6.98
PEG ratio0.07
P/B ratio1.00
ROE14.62%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Neelamalairo Industries Dividend FAQ
How much is the next Neelamalairo Industries dividend?
Neelamalairo Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Neelamalairo Industries dividend. The next Neelamalairo Industries dividend will be released in August.
When is Neelamalairo Industries dividend paid?
Neelamalairo Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Neelamalairo Industries pay?
The specific amount of Neelamalairo Industries 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 Neelamalairo Industries's dividend history.
Does Neelamalairo Industries stock pay dividends?
Yes, Neelamalairo Industries 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 Neelamalairo Industries's dividend history.
How much dividend does Neelamalairo Industries pay?
Neelamalairo Industries paid ₹50 in 2024, ₹30 in 2023, ₹30 in 2022, ₹30 in 2021, and ₹20 in 2020.
How often does Neelamalairo Industries pay dividends?
Neelamalairo Industries 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 August.
What is Neelamalairo Industries's dividend yield?
The current dividend yield for Neelamalairo Industries is 2.25%. 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 Neelamalairo Industries's exact dividend yield.
When does Neelamalairo Industries go ex dividend?
Neelamalairo Industries's ex-dividend date for the latest dividend was on 2024-08-13. Neelamalairo Industries 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 Neelamalairo Industries dividend paid?
Neelamalairo Industries pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Neelamalairo Industries 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 Neelamalairo Industries 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 Neelamalairo Industries dividend per share?
Neelamalairo Industries paid ₹50 per share in 2024 and ₹30 per share in 2023. The amount of dividend per share that Neelamalairo Industries 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 Neelamalairo Industries 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 Neelamalairo Industries 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 Neelamalairo Industries a dividend stock?
Yes, Neelamalairo Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Neelamalairo Industries a good dividend stock?
Whether Neelamalairo Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Neelamalairo Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Neelamalairo Industries 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 Neelamalairo Industries pay dividends monthly?
Neelamalairo Industries typically pays dividends on a annually basis.
Does Neelamalairo Industries pay dividends quarterly?
Neelamalairo Industries currently pays dividends on a annually basis.
Has Neelamalairo Industries ever paid a dividend?
Yes, Neelamalairo Industries has a history of paying dividends to its shareholders. Neelamalairo Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Neelamalairo Industries dividend stocks?
To buy Neelamalairo Industries 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 Neelamalairo Industries 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 Neelamalairo Industries pay dividends 2024?
Neelamalairo Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-09-19. 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 Neelamalairo Industries increase its dividend in 2024?
Decisions regarding Neelamalairo Industries 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 Neelamalairo Industries dividend overview you can look into the above table of dividend history.
How Neelamalairo Industries dividend works?
The Neelamalairo Industries 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 Neelamalairo Industries's dividend process works:
1. Determination of Dividend: Neelamalairo Industries'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, Neelamalairo Industries 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, Neelamalairo Industries 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 Neelamalairo Industries 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 Neelamalairo Industries dividends paid?
Neelamalairo Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Neelamalairo Industries 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, Neelamalairo Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Neelamalairo Industries 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 Neelamalairo Industries pay dividends?
Neelamalairo Industries 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 Neelamalairo Industries pay dividends?
The general pattern is that Neelamalairo Industries pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Neelamalairo Industries dividend safe?
The safety of Neelamalairo Industries'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 Neelamalairo Industries'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 Neelamalairo Industries'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.