Premco Global Ltd. engages in the manufacture, market, and distribution of woven and knitted elastic and non-elastic narrow fabric and webbing. Its product caters to the apparel, lingerie, sports-related, medical, footwear, luggage, furnishing, and automotive industries. The firm offers name and plain tapes, and panty and shoulder elastics. The company was founded by Bhangwandas Harjani in 1966 and is headquartered in Mumbai, India.
Premco Global Dividend Announcement
• Premco Global announced a quarterly dividend of ₹39.00 per ordinary share which will be made payable on 2024-12-11. Ex dividend date: 2024-11-22
• Premco Global annual dividend for 2024 was ₹45.00
• Premco Global annual dividend for 2023 was ₹17.00
• Premco Global's trailing twelve-month (TTM) dividend yield is 10.32%
• Premco Global's dividend growth over the last five years (2018-2023) was 41.47% year
• Premco Global's dividend growth over the last ten years (2013-2023) was 25.18% year
Premco Global Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-22 | ₹39.00 | quarterly | 2024-12-11 |
2024-08-16 | ₹2.00 | quarterly | 2024-09-21 |
2024-08-02 | ₹2.00 | quarterly | 2024-08-25 |
2024-02-21 | ₹2.00 | quarterly | |
2023-11-23 | ₹3.00 | quarterly | 2023-12-05 |
2023-09-15 | ₹5.00 | quarterly | 2023-10-25 |
2023-08-14 | ₹3.00 | quarterly | 2023-09-02 |
2023-02-23 | ₹6.00 | quarterly | 2023-03-09 |
2022-11-25 | ₹2.00 | quarterly | 2022-12-10 |
2022-08-24 | ₹2.00 | quarterly | 2022-09-11 |
2022-07-21 | ₹3.00 | quarterly | 2022-09-17 |
2022-02-14 | ₹5.00 | quarterly | 2022-03-03 |
2021-11-22 | ₹4.00 | quarterly | 2021-12-10 |
2021-08-31 | ₹3.00 | quarterly | 2021-09-11 |
2021-07-29 | ₹4.00 | quarterly | 2021-09-05 |
2021-04-08 | ₹2.00 | quarterly | 2021-04-30 |
2020-11-12 | ₹2.00 | quarterly | 2020-12-04 |
2020-09-14 | ₹2.00 | quarterly | 2020-10-22 |
2019-08-30 | ₹2.00 | quarterly | 2019-10-10 |
2018-09-17 | ₹3.00 | quarterly | 2018-10-25 |
2017-07-13 | ₹3.00 | quarterly | 2017-08-19 |
2016-09-01 | ₹0.50 | quarterly | |
2016-03-28 | ₹2.50 | quarterly | |
2015-08-24 | ₹2.70 | quarterly | |
2014-08-05 | ₹2.00 | quarterly | |
2013-08-08 | ₹1.80 | quarterly |
Premco Global Dividend per year
Premco Global Dividend growth
Premco Global Dividend Yield
Premco Global current trailing twelve-month (TTM) dividend yield is 10.32%. Interested in purchasing Premco Global stock? Use our calculator to estimate your expected dividend yield:
Premco Global Financial Ratios
Premco Global Dividend FAQ
Other factors to consider when evaluating Premco Global 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: Premco Global'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, Premco Global 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, Premco Global 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 Premco Global 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: Premco Global 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, Premco Global distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Premco Global 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 Premco Global'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 Premco Global'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.