Plastiblends India Limited manufactures and sells color and additive masterbatches, and thermoplastic compounds for the plastic processing industry in India. The company's products include white, black, color, additive, filler, and PET masterbatches, as well as conductive compounds and engineering polymers. It serves the agriculture, appliance, automotive and transportation, healthcare and pharma, packaging, textiles, and wire and cable markets, as well as electrical, electronics, and telecommunication markets. The company also exports its products to approximately 40 countries. Plastiblends India Limited was incorporated in 1991 and is headquartered in Mumbai, India.
Plastiblends India Dividend Announcement
• Plastiblends India announced a annually dividend of ₹4.25 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-07-23
• Plastiblends India annual dividend for 2024 was ₹4.25
• Plastiblends India annual dividend for 2023 was ₹4.00
• Plastiblends India's trailing twelve-month (TTM) dividend yield is 1.55%
• Plastiblends India's dividend growth over the last five years (2018-2023) was 9.86% year
• Plastiblends India's dividend growth over the last ten years (2013-2023) was 1.34% year
Plastiblends India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-23 | ₹4.25 | annually | 2024-08-29 |
2023-06-23 | ₹4.00 | annually | 2023-07-30 |
2022-06-17 | ₹4.00 | annually | 2022-07-28 |
2021-07-16 | ₹4.00 | annually | 2021-08-25 |
2020-03-05 | ₹3.75 | annually | 2020-03-26 |
2019-07-18 | ₹2.75 | annually | 2019-08-26 |
2018-08-02 | ₹2.50 | annually | 2018-09-09 |
2017-05-26 | ₹2.50 | annually | 2017-08-17 |
2016-03-16 | ₹1.25 | annually | 2016-08-20 |
2015-08-17 | ₹5.50 | annually | 2015-09-26 |
2014-08-28 | ₹5.00 | annually | 2014-09-11 |
2013-08-16 | ₹3.50 | annually | 2013-09-26 |
Plastiblends India Dividend per year
Plastiblends India Dividend growth
Plastiblends India Dividend Yield
Plastiblends India current trailing twelve-month (TTM) dividend yield is 1.55%. Interested in purchasing Plastiblends India stock? Use our calculator to estimate your expected dividend yield:
Plastiblends India Financial Ratios
Plastiblends India Dividend FAQ
Other factors to consider when evaluating Plastiblends India 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: Plastiblends India'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, Plastiblends India 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, Plastiblends India 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 Plastiblends India 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: Plastiblends India 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, Plastiblends India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Plastiblends India 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 Plastiblends India'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 Plastiblends India'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.