Patanjali Foods Limited engages in processing oil seeds and refining crude oil for edible use in India. The company operates through Seed Extractions, Vanaspati, Oils, Food Products, Wind Power Generation, and Others segments. It provides various types of seed extractions; Vanaspati, bakery fats, and table spreads; crude and refined oils; and textured soya protein and soya flour; seeds, soaps, fresh fruit bunches, toiletry preparations, and castor seeds; and wheat flour and honey, coffee, and seedling products, as well as oil meals and other value-added products, such as oleochemicals and soya products. The company offers its products under the Nutrela, Mahakosh, Sunrich, Ruchi Star, and Ruchi Gold brands. The company also generates electricity from windmills. It also exports oilseed meals/de-oiled cakes to 38 countries. The company was formerly known as Ruchi Soya Industries Limited and changed its name to Patanjali Foods Limited in June 2022. Patanjali Foods Limited was incorporated in 1986 and is headquartered in Indore, India.
Patanjali Foods Dividend Announcement
• Patanjali Foods announced a semi annually dividend of ₹8.00 per ordinary share which will be made payable on 2024-11-23. Ex dividend date: 2024-11-04
• Patanjali Foods annual dividend for 2024 was ₹14.00
• Patanjali Foods annual dividend for 2023 was ₹6.00
• Patanjali Foods's trailing twelve-month (TTM) dividend yield is 0.75%
Patanjali Foods Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-04 | ₹8.00 | semi annually | 2024-11-23 |
2024-03-21 | ₹6.00 | semi annually | 2024-04-11 |
2023-09-21 | ₹6.00 | semi annually | 2023-10-29 |
2022-09-23 | ₹5.00 | semi annually | 2022-10-28 |
2015-09-16 | ₹0.16 | semi annually | |
2014-09-22 | ₹0.16 | semi annually | |
2013-08-23 | ₹0.32 | semi annually | |
2012-09-20 | ₹0.32 | semi annually | |
2011-09-22 | ₹0.50 | semi annually | |
2010-09-23 | ₹0.50 | semi annually | |
2009-09-17 | ₹0.50 | semi annually | |
2008-09-18 | ₹0.50 | semi annually | |
2007-09-20 | ₹2.40 | semi annually |
Patanjali Foods Dividend per year
Patanjali Foods Dividend growth
Patanjali Foods Dividend Yield
Patanjali Foods current trailing twelve-month (TTM) dividend yield is 0.75%. Interested in purchasing Patanjali Foods stock? Use our calculator to estimate your expected dividend yield:
Patanjali Foods Financial Ratios
Patanjali Foods Dividend FAQ
Other factors to consider when evaluating Patanjali Foods 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: Patanjali Foods'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, Patanjali Foods 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, Patanjali Foods 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 Patanjali Foods 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: Patanjali Foods 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, Patanjali Foods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Patanjali Foods 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 Patanjali Foods'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 Patanjali Foods'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.