Raymond Limited operates as a textile, lifestyle, and branded apparel company in India and internationally. It operates through Textile, Shirting, Apparel, Garmenting, Tools and Hardware, Auto Components, Real Estate Development, and Others segments. The company offers wool, poly-wool, silk, polyester viscose blended, cotton blended, linen blended, and other blended suiting fabrics; and cotton and linen shirting fabrics under the Raymond Fine Fabrics brand name. It also provides suits, jackets, trousers, and shirts; denim fabrics; menswear under the Raymond Ready-To-Wear, Park Avenue, Color Plus, and Parx brands; and ethnic wear under the Ethnix brands. In addition, the company offers steel files, cutting tools, hand tools, and power tools; starter gears, water pump bearings, and flex plates; and personal care, sexual wellness, and home care products, such as condoms and deodorants under the Park Avenue, KamaSutra, KS, and Premium brands. Further, it is involved in the non-scheduled airline operation and real estate property development businesses. It has 1,486 retail stores, including 1,436 stores in approximately 600 towns and cities in India, and 50 overseas stores in 9 countries. The company was incorporated in 1925 and is headquartered in Mumbai, India.
Raymond Dividend Announcement
• Raymond announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-07-27. Ex dividend date: 2024-06-13
• Raymond annual dividend for 2024 was ₹10.00
• Raymond annual dividend for 2023 was ₹3.00
• Raymond's trailing twelve-month (TTM) dividend yield is 0.63%
Raymond Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | ₹10.00 | annually | 2024-07-27 |
2023-06-23 | ₹3.00 | annually | 2023-08-10 |
2022-06-30 | ₹3.00 | annually | 2022-08-13 |
2019-05-23 | ₹3.00 | annually | 2019-07-05 |
2018-05-22 | ₹3.00 | annually | 2018-06-02 |
2017-05-25 | ₹1.25 | annually | 2017-07-05 |
2016-05-26 | ₹3.00 | annually | 2016-07-07 |
2015-05-27 | ₹3.00 | annually | 2015-07-08 |
2014-05-30 | ₹2.00 | annually | 2014-07-10 |
2013-05-24 | ₹1.00 | annually | 2013-07-07 |
2012-05-16 | ₹2.50 | annually | 2012-07-06 |
2011-05-18 | ₹1.00 | annually | 2011-06-08 |
Raymond Dividend per year
Raymond Dividend growth
Raymond Dividend Yield
Raymond current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Raymond stock? Use our calculator to estimate your expected dividend yield:
Raymond Financial Ratios
Raymond Dividend FAQ
Other factors to consider when evaluating Raymond 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.
Place an order: Use the brokerage's trading platform to place an order to buy Raymond stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Raymond'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, Raymond 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, Raymond 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 Raymond 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: Raymond 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, Raymond distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Raymond 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 Raymond'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 Raymond'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.