Neogen Chemicals Limited manufactures and sells specialty chemicals in India. It offers organo bromine compounds, such as alkyl bromide compounds, dibromoalkane compounds, bromo chloro alkanes, bromine derivatives of organoacids, bromoacid ester compounds, aromatic bromine derivatives, cyclic bromine derivatives, and speciality bromo fluro derivatives; speciality chloro compounds, unsaturated bromine derivatives, bromo hydroxy derivatives, and other compounds; inorganic bromine compounds and lithium salts; grignard reagents; and advance intermediates. The company also provides custom synthesis and manufacturing services. It serves pharmaceutical, agrochemical, engineering, flavour and fragrance, electronic-chemical, refrigeration, construction chemicals, pharmaceutical, and specialty polymer industries, as well as heating, ventilation, and air-conditioning industries. The company also exports its products to 28 countries. Neogen Chemicals Limited was incorporated in 1989 and is based in Thane, India.
Neogen Chemicals Dividend Announcement
• Neogen Chemicals announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-19
• Neogen Chemicals annual dividend for 2024 was ₹2.00
• Neogen Chemicals annual dividend for 2023 was ₹3.00
• Neogen Chemicals's trailing twelve-month (TTM) dividend yield is 0.09%
Neogen Chemicals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | ₹2.00 | annually | 2024-10-27 |
2023-08-25 | ₹3.00 | annually | 2023-10-05 |
2022-09-19 | ₹2.75 | annually | 2022-10-28 |
2021-09-16 | ₹2.25 | annually | 2021-10-28 |
2020-09-17 | ₹2.00 | annually | 2020-10-28 |
2019-09-11 | ₹1.50 | annually | 2019-10-20 |
Neogen Chemicals Dividend per year
Neogen Chemicals Dividend growth
Neogen Chemicals Dividend Yield
Neogen Chemicals current trailing twelve-month (TTM) dividend yield is 0.09%. Interested in purchasing Neogen Chemicals stock? Use our calculator to estimate your expected dividend yield:
Neogen Chemicals Financial Ratios
Neogen Chemicals Dividend FAQ
Other factors to consider when evaluating Neogen Chemicals 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: Neogen Chemicals'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, Neogen Chemicals 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, Neogen Chemicals 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 Neogen Chemicals 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: Neogen Chemicals 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, Neogen Chemicals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Neogen Chemicals 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 Neogen Chemicals'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 Neogen Chemicals'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.