Sadhana Nitro Chem Limited engages in the manufacture and sale of chemical intermediates, organic chemicals, and performance chemicals in India and internationally. It offers downstream derivatives of nitrobenzene and other intermediates for various applications in aerospace, pharma and agro, optical brightening agents, plastic additives, special fibers, epoxy resin hardeners, dyes, and performance chemicals. The company also provides meta and para amino phenol, metanilic acid, aniline, ortho aminophenol, butane tetra carboxylic acid, anilino-6-dibutylamino-3-methylfluoran, dinitro diphenyl suphone, anuline 2,5 disulphonic acid, diamino diphenyl ether, ammonium sulphate, and dibutyl keto acid. In addition, it is involved in manufacture of wireless network equipment and services. The company was incorporated in 1973 and is based in Mumbai, India. Sadhana Nitro Chem Limited is a subsidiary of Manekchand Panachand Trading Investment Company Pvt Ltd.
Sadhana Nitro Chem Dividend Announcement
• Sadhana Nitro Chem announced a annually dividend of ₹0.15 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-17
• Sadhana Nitro Chem annual dividend for 2024 was ₹0.15
• Sadhana Nitro Chem annual dividend for 2023 was ₹0.15
• Sadhana Nitro Chem's trailing twelve-month (TTM) dividend yield is 0.3%
Sadhana Nitro Chem Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ₹0.15 | annually | 2024-10-25 |
2023-09-18 | ₹0.15 | annually | 2023-10-26 |
2022-09-14 | ₹0.18 | annually | 2022-10-21 |
2008-09-16 | ₹0.83 | annually | |
2007-09-19 | ₹1.25 | annually | |
2006-09-15 | ₹1.66 | annually | |
2005-09-06 | ₹1.66 | annually | |
2004-09-07 | ₹1.66 | annually | |
2003-09-02 | ₹1.66 | annually | |
2002-09-06 | ₹0.08 | annually | |
2002-03-08 | ₹0.11 | annually | |
2001-08-27 | ₹0.08 | annually |
Sadhana Nitro Chem Dividend per year
Sadhana Nitro Chem Dividend growth
Sadhana Nitro Chem Dividend Yield
Sadhana Nitro Chem current trailing twelve-month (TTM) dividend yield is 0.3%. Interested in purchasing Sadhana Nitro Chem stock? Use our calculator to estimate your expected dividend yield:
Sadhana Nitro Chem Financial Ratios
Sadhana Nitro Chem Dividend FAQ
Other factors to consider when evaluating Sadhana Nitro Chem 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: Sadhana Nitro Chem'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, Sadhana Nitro Chem 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, Sadhana Nitro Chem 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 Sadhana Nitro Chem 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: Sadhana Nitro Chem 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, Sadhana Nitro Chem distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sadhana Nitro Chem 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 Sadhana Nitro Chem'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 Sadhana Nitro Chem'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.