NOCIL Limited engages in the manufacture and sale of rubber chemicals for tire and other rubber processing industries in India. The company offers accelerators, anti-degradants, antioxidants, pre vulcanization inhibitors, and post vulcanization stabilizers, as well as solutions that improves thermal stability of cross links in rubber products. It also exports its products. NOCIL Limited was incorporated in 1961 and is headquartered in Mumbai, India.
NOCIL Dividend Announcement
• NOCIL announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-09-07. Ex dividend date: 2024-07-26
• NOCIL annual dividend for 2024 was ₹3.00
• NOCIL annual dividend for 2023 was ₹3.00
• NOCIL's trailing twelve-month (TTM) dividend yield is 1.06%
• NOCIL's dividend growth over the last five years (2018-2023) was 3.71% year
• NOCIL's dividend growth over the last ten years (2013-2023) was 17.46% year
NOCIL Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | ₹3.00 | annually | 2024-09-07 |
2023-07-24 | ₹3.00 | annually | 2023-08-30 |
2022-07-20 | ₹3.00 | annually | 2022-08-27 |
2021-07-26 | ₹2.00 | annually | 2021-09-02 |
2020-03-18 | ₹2.50 | annually | 2020-04-05 |
2019-07-22 | ₹2.50 | annually | 2019-08-29 |
2018-07-17 | ₹2.50 | annually | 2018-08-24 |
2017-07-19 | ₹1.80 | annually | 2017-08-26 |
2016-07-19 | ₹1.20 | annually | 2016-08-26 |
2015-07-09 | ₹1.00 | annually | 2015-07-28 |
2014-06-19 | ₹0.60 | annually | 2014-07-30 |
2013-07-18 | ₹0.60 | annually | 2013-08-02 |
NOCIL Dividend per year
NOCIL Dividend growth
NOCIL Dividend Yield
NOCIL current trailing twelve-month (TTM) dividend yield is 1.06%. Interested in purchasing NOCIL stock? Use our calculator to estimate your expected dividend yield:
NOCIL Financial Ratios
NOCIL Dividend FAQ
Other factors to consider when evaluating NOCIL 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: NOCIL'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, NOCIL 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, NOCIL 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 NOCIL 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: NOCIL 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, NOCIL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NOCIL 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 NOCIL'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 NOCIL'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.