Sangam (India) Limited manufactures and sells PV dyed yarns in India and internationally. Its product portfolio includes PV dyed/grey yarns, cotton spun and open ended yarns, indigo rope dyed yarns, texturized yarns, PV fabrics and processed fabrics, synthetic blended fabrics, cotton knitted fabrics, and denim fabrics, as well as seamless garments, such as air wear, intimate wear, shape wear, leisure wear, active wear, and casual wear garments for women. The company also produces steel; solar, thermal, and wind power; and develops real estate properties. It markets its products under the C9 Airwear, Sangam Suitings, Sangam Denims, and Sangam Yarns brands through online and offline channels. The company also exports its products. Sangam (India) Limited was incorporated in 1984 and is headquartered in Mumbai, India.
Sangam Dividend Announcement
• Sangam announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-09-19
• Sangam annual dividend for 2024 was ₹2.00
• Sangam annual dividend for 2023 was ₹2.00
• Sangam's trailing twelve-month (TTM) dividend yield is 0.56%
• Sangam's dividend growth over the last five years (2018-2023) was 14.87% year
• Sangam's dividend growth over the last ten years (2013-2023) was 5.24% year
Sangam Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-19 | ₹2.00 | annually | 2024-10-23 |
| 2023-09-15 | ₹2.00 | annually | 2023-10-22 |
| 2022-09-22 | ₹2.00 | annually | 2022-10-29 |
| 2021-09-16 | ₹1.00 | annually | 2021-10-23 |
| 2020-11-19 | ₹1.00 | annually | 2020-12-28 |
| 2019-09-19 | ₹1.00 | annually | 2019-10-30 |
| 2018-09-19 | ₹1.00 | annually | 2018-10-29 |
| 2017-09-21 | ₹2.00 | annually | 2017-10-29 |
| 2016-09-22 | ₹2.00 | annually | 2016-10-30 |
| 2015-09-22 | ₹2.00 | annually | 2015-10-30 |
| 2014-09-24 | ₹1.50 | annually | 2014-10-30 |
| 2013-09-19 | ₹1.20 | annually | 2013-10-30 |
Sangam Dividend per year
Sangam Dividend growth
Sangam Dividend Yield
Sangam current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing Sangam stock? Use our calculator to estimate your expected dividend yield:
Sangam Financial Ratios
P/E ratio48.09
PEG ratio18.88
P/B ratio1.80
ROE3.79%
Payout ratio0.00%
Current ratio1.33
Quick ratio0.69
Cash Ratio0.00
Sangam Dividend FAQ
How much is the next Sangam dividend?
Sangam's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sangam dividend. The next Sangam dividend will be released in September.
When is Sangam dividend paid?
Sangam 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 Sangam pay?
The specific amount of Sangam 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 Sangam's dividend history.
Does Sangam stock pay dividends?
Yes, Sangam 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 Sangam's dividend history.
How much dividend does Sangam pay?
Sangam paid ₹2.0 in 2024, ₹2.0 in 2023, ₹2.0 in 2022, ₹1.0 in 2021, and ₹1.0 in 2020.
How often does Sangam pay dividends?
Sangam 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 Sangam's dividend yield?
The current dividend yield for Sangam is 0.56%. 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 Sangam's exact dividend yield.
When does Sangam go ex dividend?
Sangam's ex-dividend date for the latest dividend was on 2024-09-19. Sangam 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 Sangam dividend paid?
Sangam pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Sangam 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 Sangam 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 Sangam dividend per share?
Sangam paid ₹2.0 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Sangam 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 Sangam 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 Sangam 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 Sangam a dividend stock?
Yes, Sangam is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sangam a good dividend stock?
Whether Sangam is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sangam has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sangam 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.
Other factors to consider when evaluating Sangam 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 Sangam pay dividends monthly?
Sangam typically pays dividends on a annually basis.
Does Sangam pay dividends quarterly?
Sangam currently pays dividends on a annually basis.
Has Sangam ever paid a dividend?
Yes, Sangam has a history of paying dividends to its shareholders. Sangam is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sangam dividend stocks?
To buy Sangam 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 Sangam 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.
Place an order: Use the brokerage's trading platform to place an order to buy Sangam 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 Sangam pay dividends 2024?
Sangam pays dividends on a annually basis. 2024 dividend payments are in 2024-10-23. 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 Sangam increase its dividend in 2024?
Decisions regarding Sangam 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 Sangam dividend overview you can look into the above table of dividend history.
How Sangam dividend works?
The Sangam 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 Sangam's dividend process works:
1. Determination of Dividend: Sangam'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, Sangam 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, Sangam 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 Sangam 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. Determination of Dividend: Sangam'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, Sangam 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, Sangam 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 Sangam 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 Sangam dividends paid?
Sangam dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sangam 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, Sangam distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sangam 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.
1. Record Date: Sangam 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, Sangam distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sangam 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 Sangam pay dividends?
Sangam 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 Sangam pay dividends?
The general pattern is that Sangam 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 Sangam dividend safe?
The safety of Sangam'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 Sangam'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 Sangam'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.
To assess the safety of Sangam'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 Sangam'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.