The Ruby Mills Limited manufactures textile products in India. It operates in two segments, Textiles, and Real Estate. The company offers cotton, blended yarn, and fabrics, as well as engages in the real estate development and related activities. It also exports its products. The company was incorporated in 1917 and is based in Mumbai, India.
Ruby Mills Dividend Announcement
• Ruby Mills announced a annually dividend of ₹1.75 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-13 • Ruby Mills annual dividend for 2024 was ₹1.75 • Ruby Mills annual dividend for 2023 was ₹1.25 • Ruby Mills's trailing twelve-month (TTM) dividend yield is 0.73% • Ruby Mills's dividend growth over the last five years (2018-2023) was -6.51% year • Ruby Mills's dividend growth over the last ten years (2013-2023) was -4.59% year
Ruby Mills current trailing twelve-month (TTM) dividend yield is 0.73%. Interested in purchasing Ruby Mills stock? Use our calculator to estimate your expected dividend yield:
Ruby Mills Financial Ratios
P/E ratio18.27
PEG ratio-6.59
P/B ratio1.34
ROE7.65%
Payout ratio0.00%
Current ratio3.43
Quick ratio2.72
Cash Ratio0.29
Ruby Mills Dividend FAQ
How much is the next Ruby Mills dividend?
Ruby Mills's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ruby Mills dividend. The next Ruby Mills dividend will be released in September.
When is Ruby Mills dividend paid?
Ruby Mills pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Ruby Mills pay?
The specific amount of Ruby Mills dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Ruby Mills's dividend history.
Does Ruby Mills stock pay dividends?
Yes, Ruby Mills does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Ruby Mills's dividend history.
How much dividend does Ruby Mills pay?
Ruby Mills paid ₹1.75 in 2024, ₹1.25 in 2023, ₹9.0 in 2022, ₹0.75 in 2021, and ₹1.75 in 2020.
How often does Ruby Mills pay dividends?
Ruby Mills typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Ruby Mills's dividend yield?
The current dividend yield for Ruby Mills is 0.73%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Ruby Mills's exact dividend yield.
When does Ruby Mills go ex dividend?
Ruby Mills's ex-dividend date for the latest dividend was on 2024-09-13. Ruby Mills typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Ruby Mills dividend paid?
Ruby Mills pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Ruby Mills increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Ruby Mills will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Ruby Mills dividend per share?
Ruby Mills paid ₹1.75 per share in 2024 and ₹1.25 per share in 2023. The amount of dividend per share that Ruby Mills pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Ruby Mills a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Ruby Mills a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Ruby Mills a dividend stock?
Yes, Ruby Mills is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ruby Mills a good dividend stock?
Whether Ruby Mills is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ruby Mills has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ruby Mills 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.
Does Ruby Mills pay dividends monthly?
Ruby Mills typically pays dividends on a annually basis.
Does Ruby Mills pay dividends quarterly?
Ruby Mills currently pays dividends on a annually basis.
Has Ruby Mills ever paid a dividend?
Yes, Ruby Mills has a history of paying dividends to its shareholders. Ruby Mills is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ruby Mills dividend stocks?
To buy Ruby Mills you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Ruby Mills 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.
When does Ruby Mills pay dividends 2024?
Ruby Mills pays dividends on a annually basis. 2024 dividend payments are in 2024-10-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Ruby Mills increase its dividend in 2024?
Decisions regarding Ruby Mills dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Ruby Mills dividend overview you can look into the above table of dividend history.
How Ruby Mills dividend works?
The Ruby Mills dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Ruby Mills's dividend process works:
1. Determination of Dividend: Ruby Mills'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, Ruby Mills 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, Ruby Mills 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 Ruby Mills 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.
How are Ruby Mills dividends paid?
Ruby Mills dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ruby Mills 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, Ruby Mills distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ruby Mills 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.
How many times does Ruby Mills pay dividends?
Ruby Mills typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Ruby Mills pay dividends?
The general pattern is that Ruby Mills pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Ruby Mills dividend safe?
The safety of Ruby Mills's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Ruby Mills'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 Ruby Mills'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.