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Saurashtra Cement Ltd. Is a holding company that engages in the manufacturing and sale of cement under the brand Hathi. It operates under the Cement and Clinker, and Paints Segment. Its main products include portland pozzolana, ordinary portland, and portland slag cements; and clinker. The company also offers sulphate resistant portland cement. Saurashtra Cement was founded in 1956 and is headquartered in Mumbai, India.

Saurashtra Cement Dividend Announcement

Saurashtra Cement announced a semi annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-14
Saurashtra Cement annual dividend for 2024 was ₹2.00
Saurashtra Cement's trailing twelve-month (TTM) dividend yield is 1.82%

Saurashtra Cement Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-14₹1.00semi annually2024-09-20
2024-02-23₹1.00semi annually
2021-09-13₹0.75semi annually2021-10-21
2021-02-12₹1.00semi annually2021-02-22
2020-02-26₹1.00semi annually2020-03-06
2019-11-22₹0.75semi annually2019-11-30
2018-07-30₹1.00semi annually2018-09-13
2017-07-19₹1.00semi annually2017-08-25
2016-08-12₹1.00semi annually

Saurashtra Cement Dividend per year

Saurashtra Cement Dividend growth

Saurashtra Cement Dividend Yield

Saurashtra Cement current trailing twelve-month (TTM) dividend yield is 1.82%. Interested in purchasing Saurashtra Cement stock? Use our calculator to estimate your expected dividend yield:

Saurashtra Cement Financial Ratios

P/E ratio22.49
PEG ratio0.68
P/B ratio1.31
ROE11.90%
Payout ratio0.00%
Current ratio1.20
Quick ratio0.69
Cash Ratio0.02

Saurashtra Cement Dividend FAQ

How much is the next Saurashtra Cement dividend?
Saurashtra Cement's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Saurashtra Cement dividend. The next Saurashtra Cement dividend will be released in .
When is Saurashtra Cement dividend paid?
Saurashtra Cement pays dividends on a semi annually basis. The specific dates may vary each year but are generally around . 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 Saurashtra Cement pay?
The specific amount of Saurashtra Cement 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 Saurashtra Cement's dividend history.
Does Saurashtra Cement stock pay dividends?
Yes, Saurashtra Cement 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 Saurashtra Cement's dividend history.
How much dividend does Saurashtra Cement pay?
Saurashtra Cement paid ₹2.0 in 2024, ₹0.0 in 2023, ₹0.0 in 2022, ₹1.75 in 2021, and ₹1.0 in 2020.
How often does Saurashtra Cement pay dividends?
Saurashtra Cement typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around .
What is Saurashtra Cement's dividend yield?
The current dividend yield for Saurashtra Cement is 1.82%. 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 Saurashtra Cement's exact dividend yield.
When does Saurashtra Cement go ex dividend?
Saurashtra Cement's ex-dividend date for the latest dividend was on 2024-08-14. Saurashtra Cement 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 Saurashtra Cement dividend paid?
Saurashtra Cement pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will Saurashtra Cement 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 Saurashtra Cement 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 Saurashtra Cement dividend per share?
Saurashtra Cement paid ₹2.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Saurashtra Cement 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 Saurashtra Cement 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 Saurashtra Cement 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 Saurashtra Cement a dividend stock?
Yes, Saurashtra Cement is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Saurashtra Cement a good dividend stock?
Whether Saurashtra Cement is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Saurashtra Cement has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Saurashtra Cement 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 Saurashtra Cement pay dividends monthly?
Saurashtra Cement typically pays dividends on a semi annually basis.
Does Saurashtra Cement pay dividends quarterly?
Saurashtra Cement currently pays dividends on a semi annually basis.
Has Saurashtra Cement ever paid a dividend?
Yes, Saurashtra Cement has a history of paying dividends to its shareholders. Saurashtra Cement is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Saurashtra Cement dividend stocks?
To buy Saurashtra Cement 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 Saurashtra Cement 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 Saurashtra Cement pay dividends 2024?
Saurashtra Cement pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-20. 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 Saurashtra Cement increase its dividend in 2024?
Decisions regarding Saurashtra Cement 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 Saurashtra Cement dividend overview you can look into the above table of dividend history.
How Saurashtra Cement dividend works?
The Saurashtra Cement 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 Saurashtra Cement's dividend process works:

1. Determination of Dividend: Saurashtra Cement'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, Saurashtra Cement 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, Saurashtra Cement 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 Saurashtra Cement 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 Saurashtra Cement dividends paid?
Saurashtra Cement dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Saurashtra Cement 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, Saurashtra Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Saurashtra Cement 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 Saurashtra Cement pay dividends?
Saurashtra Cement typically pays dividends on a semi 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 Saurashtra Cement pay dividends?
The general pattern is that Saurashtra Cement pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Saurashtra Cement dividend safe?
The safety of Saurashtra Cement'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 Saurashtra Cement'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 Saurashtra Cement'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.