Oriental Carbon & Chemicals Limited engages in the manufacture and sale of insoluble sulphur worldwide. The company operates through three segments, Chemicals, Investments, and General Engineering Products. It offers insoluble sulphur under the Diamond Sulf brand. The company also provides commercial and battery grade sulphuric acid, and oleum for use in the dehydrating agent, catalyst, and active reactant in chemical processes, solvents, and absorbents; and high purity grades in storage batteries, rayon, dye, acid slurry, and pharmaceutical applications, as well as commercial grades in the steel, heavy chemical, and super-phosphate industries. In addition, it offers off-highway tire accessories, pneumatics, hydraulics, and valve automation systems. The company was incorporated in 1978 and is based in Noida, India.
Oriental Carbon & Chemicals Dividend Announcement
• Oriental Carbon & Chemicals announced a semi annually dividend of ₹7.00 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-07-23
• Oriental Carbon & Chemicals annual dividend for 2024 was ₹7.00
• Oriental Carbon & Chemicals annual dividend for 2023 was ₹14.00
• Oriental Carbon & Chemicals's trailing twelve-month (TTM) dividend yield is 2.7%
• Oriental Carbon & Chemicals's payout ratio for the trailing twelve months (TTM) is 12.43%
• Oriental Carbon & Chemicals's dividend growth over the last five years (2018-2023) was 4.94% year
Oriental Carbon & Chemicals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-23 | ₹7.00 | semi annually | 2024-08-29 |
2023-11-07 | ₹7.00 | semi annually | 2023-11-25 |
2023-07-20 | ₹7.00 | semi annually | 2023-08-26 |
2022-11-17 | ₹7.00 | semi annually | 2022-11-28 |
2022-08-19 | ₹7.00 | semi annually | 2022-09-14 |
2021-11-08 | ₹7.00 | semi annually | 2021-11-27 |
2021-07-16 | ₹10.00 | semi annually | 2021-09-02 |
2020-11-10 | ₹4.00 | semi annually | 2020-12-03 |
2020-08-11 | ₹6.00 | semi annually | 2020-09-17 |
2019-11-06 | ₹4.00 | semi annually | 2019-11-23 |
2019-07-18 | ₹8.00 | semi annually | 2019-08-14 |
2018-11-15 | ₹4.00 | semi annually | 2018-12-01 |
2018-06-21 | ₹7.00 | semi annually | 2018-08-13 |
2017-12-07 | ₹3.00 | semi annually | 2017-12-25 |
2017-07-20 | ₹7.00 | semi annually | 2017-08-27 |
2016-11-16 | ₹3.00 | semi annually | 2016-11-23 |
2016-07-14 | ₹5.50 | semi annually | 2016-08-21 |
Oriental Carbon & Chemicals Dividend per year
Oriental Carbon & Chemicals Dividend growth
Oriental Carbon & Chemicals Dividend Yield
Oriental Carbon & Chemicals current trailing twelve-month (TTM) dividend yield is 2.7%. Interested in purchasing Oriental Carbon & Chemicals stock? Use our calculator to estimate your expected dividend yield:
Oriental Carbon & Chemicals Financial Ratios
Oriental Carbon & Chemicals Dividend FAQ
Other factors to consider when evaluating Oriental Carbon & Chemicals 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.
Place an order: Use the brokerage's trading platform to place an order to buy Oriental Carbon & Chemicals 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.
1. Determination of Dividend: Oriental Carbon & Chemicals'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, Oriental Carbon & Chemicals 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, Oriental Carbon & Chemicals 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 Oriental Carbon & Chemicals 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: Oriental Carbon & Chemicals 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, Oriental Carbon & Chemicals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Oriental Carbon & Chemicals 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 Oriental Carbon & Chemicals'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 Oriental Carbon & Chemicals'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.