Nilkamal Limited, together with its subsidiaries, manufactures and sells plastic products primarily in India. It operates in two segments, Plastics; and Lifestyle Furniture, Furnishings and Accessories. The company offers various material handling products, including plastic crates and pallets, insulated ice boxes and fish tubs, waste management tools, road safety products, hospitality solutions, aquaculture fish cages, manhole chambers, ripening solutions, material handling equipment, and metal shelving and racking systems. It also provides homewares and accessories, and ready furniture's; plastic chairs and mattresses; and polyproplyne structured boards, which is used in construction, automotive, steelworks, furniture, F&B, advertising, décor, and logistics industries for protection, packaging, printing, and paneling. The company operated 19 retail stores under the @home brand name, as well as approximately 70 Nilkamal furniture Ideas stores. The company sells its products through retail stores, dealers' outlets and institutions, and online shopping sites. It also exports its products to approximately 30 countries. Nilkamal Limited was founded in 1934 and is headquartered in Mumbai, India.
Nilkamal Dividend Announcement
• Nilkamal announced a annually dividend of ₹20.00 per ordinary share which will be made payable on 2024-08-18. Ex dividend date: 2024-07-12
• Nilkamal annual dividend for 2024 was ₹20.00
• Nilkamal annual dividend for 2023 was ₹20.00
• Nilkamal's trailing twelve-month (TTM) dividend yield is 1.04%
• Nilkamal's dividend growth over the last five years (2018-2023) was 9.00% year
• Nilkamal's dividend growth over the last ten years (2013-2023) was 17.46% year
Nilkamal Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | ₹20.00 | annually | 2024-08-18 |
2023-06-30 | ₹20.00 | annually | 2023-08-06 |
2022-07-07 | ₹15.00 | annually | 2022-08-15 |
2021-07-27 | ₹10.00 | annually | 2021-09-03 |
2021-02-16 | ₹5.00 | annually | 2021-03-11 |
2020-03-19 | ₹10.00 | annually | 2020-04-13 |
2019-11-20 | ₹5.00 | annually | 2019-12-13 |
2019-06-20 | ₹9.00 | annually | 2019-07-12 |
2018-11-05 | ₹4.00 | annually | 2018-11-28 |
2018-06-21 | ₹9.00 | annually | 2018-07-30 |
2017-11-16 | ₹4.00 | annually | 2017-12-10 |
2017-07-31 | ₹7.00 | annually | 2017-09-07 |
2016-11-10 | ₹4.00 | annually | 2016-12-05 |
2016-03-21 | ₹4.50 | annually | 2016-03-31 |
2015-11-19 | ₹2.50 | annually | 2016-04-01 |
2015-07-27 | ₹4.50 | annually | 2015-09-03 |
2014-08-27 | ₹4.00 | annually | 2014-10-06 |
2013-07-04 | ₹4.00 | annually | 2013-08-14 |
Nilkamal Dividend per year
Nilkamal Dividend growth
Nilkamal Dividend Yield
Nilkamal current trailing twelve-month (TTM) dividend yield is 1.04%. Interested in purchasing Nilkamal stock? Use our calculator to estimate your expected dividend yield:
Nilkamal Financial Ratios
Nilkamal Dividend FAQ
Other factors to consider when evaluating Nilkamal 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: Nilkamal'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, Nilkamal 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, Nilkamal 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 Nilkamal 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: Nilkamal 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, Nilkamal distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nilkamal 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 Nilkamal'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 Nilkamal'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.