Satia Industries Limited manufactures and sells writing and printing paper in India and internationally. The company operates through Paper, Yarn and Cotton, Cogeneration, Agriculture, and Solar divisions. It offers snow white, super snow white, map litho, colored, ledger, cartridge, duplicating, bond, copier, azure laid, water mark, and chromo papers for use in the printing of books, directories, envelopes, diaries, calendars, computer stationery, copier paper, annual reports, and high-grade printing segments, as well as paper cups and cutlery. The company is also involved in the generation of solar power; trading of cotton and yarns; and agricultural and plantation operations. Satia Industries Limited also exports its products. The company was formerly known as Satia Paper Mills Limited. Satia Industries Limited was incorporated in 1980 and is based in Sri Muktsar Sahib, India.
Satia Industries Dividend Announcement
• Satia Industries announced a quarterly dividend of ₹0.10 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-22
• Satia Industries annual dividend for 2024 was ₹0.20
• Satia Industries annual dividend for 2023 was ₹1.40
• Satia Industries's trailing twelve-month (TTM) dividend yield is 0.19%
Satia Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-22 | ₹0.10 | quarterly | 2024-12-13 |
2024-08-21 | ₹0.10 | quarterly | 2024-09-08 |
2023-09-22 | ₹0.20 | quarterly | 2023-10-30 |
2023-08-24 | ₹1.00 | quarterly | 2023-09-10 |
2023-02-24 | ₹0.20 | quarterly | 2023-03-12 |
2022-09-22 | ₹0.20 | quarterly | 2022-10-30 |
2021-09-22 | ₹0.10 | quarterly | 2021-10-30 |
2020-02-18 | ₹0.15 | quarterly | 2020-03-09 |
2019-09-20 | ₹1.50 | quarterly | 2019-10-30 |
Satia Industries Dividend per year
Satia Industries Dividend growth
Satia Industries Dividend Yield
Satia Industries current trailing twelve-month (TTM) dividend yield is 0.19%. Interested in purchasing Satia Industries stock? Use our calculator to estimate your expected dividend yield:
Satia Industries Financial Ratios
Satia Industries Dividend FAQ
Other factors to consider when evaluating Satia Industries 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: Satia Industries'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, Satia Industries 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, Satia Industries 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 Satia Industries 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: Satia Industries 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, Satia Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Satia Industries 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 Satia Industries'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 Satia Industries'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.