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Nikhil Adhesives Ltd. engages in the business of manufacturing various types of polymer emulsions and adhesives that are used for different applications. It operates through the Manufacturing of Adhesives and Emulsions and Trading in Chemicals and Others segments. The firm's products include paint and textile emulsions, construction chemicals, adhesives, monomers, and solvents. The company was founded on September 29, 1986 and is headquartered in Mumbai, India.

Nikhil Adhesives Dividend Announcement

Nikhil Adhesives announced a annually dividend of ₹0.20 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-19
Nikhil Adhesives annual dividend for 2024 was ₹0.20
Nikhil Adhesives annual dividend for 2023 was ₹0.20
Nikhil Adhesives's trailing twelve-month (TTM) dividend yield is 0.17%
Nikhil Adhesives's dividend growth over the last five years (2018-2023) was -27.52% year

Nikhil Adhesives Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-19₹0.20annually2024-10-26
2023-09-14₹0.20annually2023-10-21
2022-09-02₹2.00annually2022-10-12
2021-09-20₹1.50annually2021-10-29
2020-12-21₹1.00annually2021-01-04
2019-09-19₹1.00annually2019-10-30
2018-09-18₹1.00annually2018-10-28
2013-09-20₹0.80annually
2012-09-21₹0.80annually
2011-06-28₹1.20annually
2010-09-16₹1.20annually
2009-09-17₹0.80annually

Nikhil Adhesives Dividend per year

Nikhil Adhesives Dividend growth

Nikhil Adhesives Dividend Yield

Nikhil Adhesives current trailing twelve-month (TTM) dividend yield is 0.17%. Interested in purchasing Nikhil Adhesives stock? Use our calculator to estimate your expected dividend yield:

Nikhil Adhesives Financial Ratios

P/E ratio34.18
PEG ratio0.14
P/B ratio4.40
ROE18.42%
Payout ratio0.00%
Current ratio1.46
Quick ratio0.99
Cash Ratio0.00

Nikhil Adhesives Dividend FAQ

How much is the next Nikhil Adhesives dividend?
Nikhil Adhesives's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nikhil Adhesives dividend. The next Nikhil Adhesives dividend will be released in September.
When is Nikhil Adhesives dividend paid?
Nikhil Adhesives 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 Nikhil Adhesives pay?
The specific amount of Nikhil Adhesives 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 Nikhil Adhesives's dividend history.
Does Nikhil Adhesives stock pay dividends?
Yes, Nikhil Adhesives 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 Nikhil Adhesives's dividend history.
How much dividend does Nikhil Adhesives pay?
Nikhil Adhesives paid ₹0.2 in 2024, ₹0.2 in 2023, ₹2.0 in 2022, ₹1.5 in 2021, and ₹1.0 in 2020.
How often does Nikhil Adhesives pay dividends?
Nikhil Adhesives 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 Nikhil Adhesives's dividend yield?
The current dividend yield for Nikhil Adhesives is 0.17%. 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 Nikhil Adhesives's exact dividend yield.
When does Nikhil Adhesives go ex dividend?
Nikhil Adhesives's ex-dividend date for the latest dividend was on 2024-09-19. Nikhil Adhesives 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 Nikhil Adhesives dividend paid?
Nikhil Adhesives pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Nikhil Adhesives 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 Nikhil Adhesives 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 Nikhil Adhesives dividend per share?
Nikhil Adhesives paid ₹0.2 per share in 2024 and ₹0.2 per share in 2023. The amount of dividend per share that Nikhil Adhesives 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 Nikhil Adhesives 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 Nikhil Adhesives 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 Nikhil Adhesives a dividend stock?
Yes, Nikhil Adhesives is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nikhil Adhesives a good dividend stock?
Whether Nikhil Adhesives is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nikhil Adhesives has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Nikhil Adhesives 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 Nikhil Adhesives pay dividends monthly?
Nikhil Adhesives typically pays dividends on a annually basis.
Does Nikhil Adhesives pay dividends quarterly?
Nikhil Adhesives currently pays dividends on a annually basis.
Has Nikhil Adhesives ever paid a dividend?
Yes, Nikhil Adhesives has a history of paying dividends to its shareholders. Nikhil Adhesives is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nikhil Adhesives dividend stocks?
To buy Nikhil Adhesives 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 Nikhil Adhesives 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 Nikhil Adhesives pay dividends 2024?
Nikhil Adhesives pays dividends on a annually basis. 2024 dividend payments are in 2024-10-26. 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 Nikhil Adhesives increase its dividend in 2024?
Decisions regarding Nikhil Adhesives 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 Nikhil Adhesives dividend overview you can look into the above table of dividend history.
How Nikhil Adhesives dividend works?
The Nikhil Adhesives 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 Nikhil Adhesives's dividend process works:

1. Determination of Dividend: Nikhil Adhesives'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, Nikhil Adhesives 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, Nikhil Adhesives 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 Nikhil Adhesives 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 Nikhil Adhesives dividends paid?
Nikhil Adhesives dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Nikhil Adhesives 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, Nikhil Adhesives distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Nikhil Adhesives 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 Nikhil Adhesives pay dividends?
Nikhil Adhesives 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 Nikhil Adhesives pay dividends?
The general pattern is that Nikhil Adhesives 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 Nikhil Adhesives dividend safe?
The safety of Nikhil Adhesives'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 Nikhil Adhesives'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 Nikhil Adhesives'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.