Radico Khaitan Limited manufactures and sells Indian made foreign liquor (IMFL) in India. It offers IMFL products in various categories of whisky, brandy, rum, and white spirits under the brand names of Magic Moments and Magic Moments Verve Vodka, Morpheus and Morpheus Blue Brandy, 8PM and 8PM Premium Black Whisky, 1965 The Spirit of Victory Rum, Rampur Indian Single Malt Whisky, Jaisalmer Indian Craft Gin, Contessa Rum, Old Admiral Brandy, After Dark Whisky, Pluton Bay Rum, and Regal Talon Whisky. The company also provides bottling services to other spirit manufacturers. It also exports its products to approximately 85 countries. The company, formerly known as Rampur Distillery Company, was incorporated in 1943 and is based in New Delhi, India.
Radico Khaitan Dividend Announcement
• Radico Khaitan announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-07-25
• Radico Khaitan annual dividend for 2024 was ₹3.00
• Radico Khaitan annual dividend for 2023 was ₹3.00
• Radico Khaitan's trailing twelve-month (TTM) dividend yield is 0.13%
• Radico Khaitan's dividend growth over the last five years (2018-2023) was 24.57% year
• Radico Khaitan's dividend growth over the last ten years (2013-2023) was 14.13% year
Radico Khaitan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-25 | ₹3.00 | annually | 2024-09-06 |
2023-09-14 | ₹3.00 | annually | 2023-10-27 |
2022-09-21 | ₹3.00 | annually | 2022-10-28 |
2021-09-20 | ₹2.40 | annually | 2021-10-28 |
2020-08-21 | ₹2.00 | annually | 2020-09-30 |
2019-09-19 | ₹1.20 | annually | 2019-10-26 |
2018-08-24 | ₹1.00 | annually | 2018-09-30 |
2017-09-21 | ₹0.80 | annually | 2017-10-29 |
2016-07-04 | ₹0.80 | annually | 2016-07-16 |
2015-09-23 | ₹0.80 | annually | 2015-10-30 |
2014-09-22 | ₹0.80 | annually | 2014-10-30 |
2013-09-20 | ₹0.80 | annually | 2013-10-31 |
Radico Khaitan Dividend per year
Radico Khaitan Dividend growth
Radico Khaitan Dividend Yield
Radico Khaitan current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing Radico Khaitan stock? Use our calculator to estimate your expected dividend yield:
Radico Khaitan Financial Ratios
Radico Khaitan Dividend FAQ
Other factors to consider when evaluating Radico Khaitan 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: Radico Khaitan'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, Radico Khaitan 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, Radico Khaitan 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 Radico Khaitan 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: Radico Khaitan 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, Radico Khaitan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Radico Khaitan 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 Radico Khaitan'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 Radico Khaitan'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.