Sagar Cements Limited engages in the manufacturing and selling of cement in India. It operates through Cement Manufacturing and Power Generation segments. The company offers various cements, such as ordinary Portland, Portland Pozzolana, sulphate resistant, composite, and Portland slag cements, as well as ground granulated blast furnace slag under the Sagar brand. It also operates waste heat recovery, solar power, hydro power, and thermal power plants. Sagar Cements Limited was incorporated in 1981 and is based in Hyderabad, India.
Sagar Cements Dividend Announcement
• Sagar Cements announced a annually dividend of ₹0.70 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-06-19
• Sagar Cements annual dividend for 2024 was ₹0.70
• Sagar Cements annual dividend for 2023 was ₹0.70
• Sagar Cements's trailing twelve-month (TTM) dividend yield is 0.3%
• Sagar Cements's dividend growth over the last five years (2018-2023) was -14.14% year
• Sagar Cements's dividend growth over the last ten years (2013-2023) was -3.50% year
Sagar Cements Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-19 | ₹0.70 | annually | 2024-07-26 |
2023-06-20 | ₹0.70 | annually | 2023-07-28 |
2022-06-22 | ₹0.70 | annually | 2022-07-30 |
2021-07-16 | ₹2.50 | annually | 2021-08-27 |
2021-02-02 | ₹2.00 | annually | 2021-02-19 |
2020-11-03 | ₹2.00 | annually | 2020-11-20 |
2020-09-01 | ₹2.50 | annually | 2020-10-09 |
2019-07-16 | ₹2.50 | annually | 2019-08-23 |
2018-09-18 | ₹1.50 | annually | 2018-10-27 |
2017-11-07 | ₹2.50 | annually | 2017-11-25 |
2017-09-14 | ₹1.50 | annually | 2017-10-22 |
2016-03-22 | ₹5.00 | annually | 2016-07-01 |
2015-09-15 | ₹2.50 | annually | 2015-10-23 |
2014-10-30 | ₹5.00 | annually | 2014-11-16 |
2013-09-16 | ₹1.00 | annually | 2013-10-25 |
Sagar Cements Dividend per year
Sagar Cements Dividend growth
Sagar Cements Dividend Yield
Sagar Cements current trailing twelve-month (TTM) dividend yield is 0.3%. Interested in purchasing Sagar Cements stock? Use our calculator to estimate your expected dividend yield:
Sagar Cements Financial Ratios
Sagar Cements Dividend FAQ
Other factors to consider when evaluating Sagar Cements 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: Sagar Cements'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, Sagar Cements 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, Sagar Cements 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 Sagar Cements 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: Sagar Cements 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, Sagar Cements distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sagar Cements 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 Sagar Cements'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 Sagar Cements'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.