Oricon Enterprises Limited engages in the real estate, marine logistics, packaging, and petrochemicals businesses in India and internationally. It is involved in marine logistics, including lighterage, stevedoring, and logistics for dry cargos, such as coal, petcoke, polypropylene polymer, cent, clinter, steel plates, salt, sugar, etc.; the manufacturing and marketing packaging products, such as metal and plastic closures; and manufacture and sale of petrochemicals, including mixed pentane and heptane for industrial applications. The company also develops a land parcel and school, and re-develops the Oricon House at Worli, Mumbai, as well as operates ports in Gujarat, Maharashtra, and Goa. In addition, it provides warehousing services; and operates as a clearing agent. The company was formerly known as Oriental Containers Ltd. Oricon Enterprises Limited was incorporated in 1968 and is based in Mumbai, India.
Oricon Enterprises Dividend Announcement
• Oricon Enterprises announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-17
• Oricon Enterprises annual dividend for 2024 was ₹0.50
• Oricon Enterprises annual dividend for 2023 was ₹0.50
• Oricon Enterprises's trailing twelve-month (TTM) dividend yield is 1.71%
Oricon Enterprises Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ₹0.50 | annually | 2024-10-26 |
2023-09-13 | ₹0.50 | annually | 2023-10-21 |
2022-09-19 | ₹1.00 | annually | 2022-10-22 |
2021-09-09 | ₹0.50 | annually | 2021-10-22 |
2020-03-19 | ₹0.30 | annually | 2020-03-31 |
2019-09-06 | ₹0.50 | annually | 2019-10-21 |
2018-09-18 | ₹0.50 | annually | 2018-10-29 |
2017-07-17 | ₹0.46 | annually | 2017-08-28 |
2016-03-29 | ₹0.50 | annually | 2016-03-31 |
2015-09-09 | ₹0.44 | annually |
Oricon Enterprises Dividend per year
Oricon Enterprises Dividend growth
Oricon Enterprises Dividend Yield
Oricon Enterprises current trailing twelve-month (TTM) dividend yield is 1.71%. Interested in purchasing Oricon Enterprises stock? Use our calculator to estimate your expected dividend yield:
Oricon Enterprises Financial Ratios
Oricon Enterprises Dividend FAQ
Other factors to consider when evaluating Oricon Enterprises 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: Oricon Enterprises'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, Oricon Enterprises 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, Oricon Enterprises 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 Oricon Enterprises 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: Oricon Enterprises 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, Oricon Enterprises distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Oricon Enterprises 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 Oricon Enterprises'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 Oricon Enterprises'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.