Poddar Pigments Limited manufactures and sells color and additive masterbatches for dope dyeing of man-made fibers and various plastic applications in India. It offers manmade fiber products, such as polyester, polypropylene, and polyamide products; and plastic and packaging products that include additive masterbatches, film and packaging products, injection/blow/roto moldings, pipe extrusions, cables, pet performs and bottles, polyester films, and plastics smart products. The company also provides engineering compounds, including carboplus series, butoplus series, nyloplus series, and polyplus series under the MASTERPLUS brand name. Its products are used in various applications, such as textile, home furnishing, automotive, upholstery, luggage, lamination fabrics, carpets, hosiery-wear, PP strapping, non-woven and spun bonded fabrics, apparel, etc. Poddar Pigments Limited also exports its products. The company was incorporated in 1991 and is headquartered in Mumbai, India.
Poddar Pigments Dividend Announcement
• Poddar Pigments announced a annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-09-13
• Poddar Pigments annual dividend for 2024 was ₹4.00
• Poddar Pigments annual dividend for 2023 was ₹3.50
• Poddar Pigments's trailing twelve-month (TTM) dividend yield is 1.05%
Poddar Pigments Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | ₹4.00 | annually | 2024-10-23 |
2023-03-21 | ₹3.50 | annually | 2023-04-13 |
2022-09-21 | ₹2.50 | annually | 2022-10-18 |
2021-08-31 | ₹2.50 | annually | 2021-09-23 |
2019-09-12 | ₹3.00 | annually | 2019-10-21 |
2018-09-11 | ₹3.50 | annually | 2018-10-05 |
2017-09-20 | ₹1.00 | annually | 2017-10-13 |
2017-02-22 | ₹2.50 | annually | 2017-03-04 |
Poddar Pigments Dividend per year
Poddar Pigments Dividend growth
Poddar Pigments Dividend Yield
Poddar Pigments current trailing twelve-month (TTM) dividend yield is 1.05%. Interested in purchasing Poddar Pigments stock? Use our calculator to estimate your expected dividend yield:
Poddar Pigments Financial Ratios
Poddar Pigments Dividend FAQ
Other factors to consider when evaluating Poddar Pigments 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: Poddar Pigments'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, Poddar Pigments 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, Poddar Pigments 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 Poddar Pigments 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: Poddar Pigments 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, Poddar Pigments distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Poddar Pigments 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 Poddar Pigments'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 Poddar Pigments'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.