RSWM Limited operates as a textile manufacturer in India, Europe, the Middle East, Africa, South East and Far East Asia, and the Americas. It operates in two segments, Yarn and Fabric. The company offers greige yarn for weaving, knitting, sewing, and industrial applications under the ULTIMA brand name; and melange yarn that is used for undergarments, shirts, business suits, socks, and sportswear, as well as bed linen, towels, and other home fabric products. It also provides dyed yarns used for curtains, carpets, bed covers, upholstery, and other items; denim fabrics; and various functional yarns under the RSWM EDGE brand name. The company was formerly known as Rajasthan Spinning & Weaving Mills Ltd. RSWM Limited was incorporated in 1960 and is based in Noida, India.
RSWM Dividend Announcement
• RSWM announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2023-10-15. Ex dividend date: 2023-09-08
• RSWM annual dividend for 2023 was ₹5.00
• RSWM's trailing twelve-month (TTM) dividend yield is -%
RSWM Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-08 | ₹5.00 | annually | 2023-10-15 |
2022-08-29 | ₹16.02 | annually | 2022-10-06 |
2018-09-05 | ₹1.28 | annually | 2018-10-13 |
2017-09-19 | ₹8.01 | annually | 2017-10-27 |
2016-09-19 | ₹8.01 | annually | 2016-10-27 |
2015-09-16 | ₹6.41 | annually | 2015-10-25 |
2014-09-04 | ₹8.01 | annually | 2014-10-16 |
2013-09-05 | ₹6.41 | annually | 2013-10-19 |
2011-09-15 | ₹3.20 | annually | 2011-10-23 |
2011-02-10 | ₹6.41 | annually | 2011-02-21 |
2010-09-07 | ₹1.60 | annually | 2010-10-16 |
2007-03-22 | ₹1.92 | annually | 2007-04-08 |
2006-07-05 | ₹1.92 | annually | 2006-07-22 |
RSWM Dividend per year
RSWM Dividend growth
RSWM Dividend Yield
RSWM current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing RSWM stock? Use our calculator to estimate your expected dividend yield:
RSWM Financial Ratios
RSWM Dividend FAQ
Other factors to consider when evaluating RSWM 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: RSWM'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, RSWM 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, RSWM 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 RSWM 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: RSWM 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, RSWM distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: RSWM 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 RSWM'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 RSWM'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.