Orient Ceratech Limited engages in the producing and trading of aluminum refractories and monolithic products in India. The company operates through two segments, Alumina Refactories & Monolithics Products & Bauxite Ores; and Power Generation. It offers various aluminous raw materials, including calcined bauxite, brown fused alumina, white fused alumina, pink fused alumina, white fused mullite, fused zirconia mullite, fused alumina-magnesia spinnel, high alumina refractory cement, and calcined bauxite aggregates to the grinding wheel and refractory manufacturers. The company also provides monolithics, including conventional and LC castables, conventional dense castables, and low cement castables; refractory mortars; ceramic proppants; and mines for bauxite ores located in Gujarat. In addition, it generates and sells wind power to state power distribution companies in Rajasthan and Karnataka. The company also exports its products. The company was formerly known as Orient Abrasives Limited and changed its name to Orient Ceratech Limited in May 2023. Orient Ceratech Limited was incorporated in 1971 and is headquartered in Mumbai, India.
Orient Ceratech Dividend Announcement
• Orient Ceratech announced a annually dividend of ₹0.25 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• Orient Ceratech annual dividend for 2024 was ₹0.25
• Orient Ceratech annual dividend for 2023 was ₹0.25
• Orient Ceratech's trailing twelve-month (TTM) dividend yield is 0.54%
Orient Ceratech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ₹0.25 | annually | 2024-10-30 |
2023-09-18 | ₹0.25 | annually | 2023-09-25 |
2022-09-16 | ₹0.15 | annually | 2022-10-26 |
2016-09-16 | ₹0.25 | annually | |
2015-09-21 | ₹0.25 | annually | |
2014-09-15 | ₹0.20 | annually | |
2013-07-09 | ₹0.35 | annually | |
2012-09-13 | ₹0.20 | annually | |
2011-03-14 | ₹1.00 | annually | |
2010-07-16 | ₹1.00 | annually | |
2009-06-30 | ₹2.60 | annually | |
2008-07-07 | ₹1.80 | annually |
Orient Ceratech Dividend per year
Orient Ceratech Dividend growth
Orient Ceratech Dividend Yield
Orient Ceratech current trailing twelve-month (TTM) dividend yield is 0.54%. Interested in purchasing Orient Ceratech stock? Use our calculator to estimate your expected dividend yield:
Orient Ceratech Financial Ratios
Orient Ceratech Dividend FAQ
Other factors to consider when evaluating Orient Ceratech 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: Orient Ceratech'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, Orient Ceratech 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, Orient Ceratech 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 Orient Ceratech 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: Orient Ceratech 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, Orient Ceratech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Orient Ceratech 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 Orient Ceratech'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 Orient Ceratech'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.