Rossell India Limited engages in cultivation, manufacture, and sale of black tea primarily in India. It operates through Cultivation, Manufacture, and Sale of Tea; and Aviation Products and Services. The company also designs and develops avionics equipment; and offers black pepper. In addition, it provides wire harness and interconnect systems; electronic systems and systems integration; test solutions; and after-market product support services. The company owns and operates six tea estates in Assam. It also exports its products to the United States, the United Kingdom, France, Germany, and other countries. The company was formerly known as Rossell Tea Limited and changed its name to Rossell India Limited in April 2011. The company was incorporated in 1994 and is headquartered in New Delhi, India. Rossell India Limited is a subsidiary of BMG Enterprises Ltd.
Rossell India Dividend Announcement
• Rossell India announced a annually dividend of ₹0.30 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-08-12
• Rossell India annual dividend for 2024 was ₹0.30
• Rossell India annual dividend for 2023 was ₹0.40
• Rossell India's trailing twelve-month (TTM) dividend yield is 0.39%
Rossell India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-12 | ₹0.30 | annually | 2024-09-19 |
2023-07-20 | ₹0.40 | annually | 2023-09-02 |
2022-07-28 | ₹0.30 | annually | 2022-09-08 |
2021-08-31 | ₹0.30 | annually | 2021-10-09 |
2020-09-15 | ₹0.20 | annually | 2020-10-23 |
2017-07-27 | ₹0.20 | annually | 2017-08-30 |
2016-03-22 | ₹0.50 | annually | 2016-09-02 |
2015-07-22 | ₹0.50 | annually | 2015-08-30 |
2014-07-30 | ₹0.50 | annually | 2014-09-05 |
2013-07-25 | ₹0.50 | annually | 2013-09-02 |
Rossell India Dividend per year
Rossell India Dividend growth
Rossell India Dividend Yield
Rossell India current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing Rossell India stock? Use our calculator to estimate your expected dividend yield:
Rossell India Financial Ratios
Rossell India Dividend FAQ
Other factors to consider when evaluating Rossell 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: Rossell 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, Rossell 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, Rossell 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 Rossell 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: Rossell 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, Rossell 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: Rossell 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 Rossell 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 Rossell 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.