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Savita Oil Technologies Limited manufactures and sells petroleum products in India. It operates through two segments, Petroleum Products and Wind Power. The company offers transformer oils, white oils, liquid paraffins, lubricating oils, petrolatum and petroleum jellies, cable filling compounds, and optic fiber compounds. It also offers waxes and wax derivatives, such as microcrystalline, polyethylene, and oxidized polyethylene waxes, as well as wax emulsions. The company markets and sells its lubricating oils under the Savsol brand name. In addition, it generates and sells wind power. The company also exports its products. The company was formerly known as Savita Chemicals Limited and changed its name to Savita Oil Technologies Limited. Savita Oil Technologies Limited was incorporated in 1961 and is headquartered in Mumbai, India.

Savita Oil Technologies Dividend Announcement

Savita Oil Technologies announced a annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-17
Savita Oil Technologies annual dividend for 2024 was ₹4.00
Savita Oil Technologies annual dividend for 2023 was ₹4.00
Savita Oil Technologies's trailing twelve-month (TTM) dividend yield is 0.67%
Savita Oil Technologies's dividend growth over the last five years (2018-2023) was 9.86% year
Savita Oil Technologies's dividend growth over the last ten years (2013-2023) was -13.72% year

Savita Oil Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-17₹4.00annually2024-10-25
2023-09-22₹4.00annually2023-10-29
2022-09-20₹5.00annually2022-10-29
2021-09-20₹15.00annually2021-10-28
2020-03-18₹20.00annually2020-04-06
2019-09-06₹2.50annually2019-10-17
2018-09-19₹2.50annually2018-10-29
2017-09-20₹13.50annually2017-10-29
2017-03-09₹13.50annually2017-03-25
2016-03-22₹5.00annually2016-07-01
2015-09-03₹2.50annually2015-10-12
2014-08-27₹17.50annually2014-10-06
2013-08-14₹17.50annually2013-09-23

Savita Oil Technologies Dividend per year

Savita Oil Technologies Dividend growth

Savita Oil Technologies Dividend Yield

Savita Oil Technologies current trailing twelve-month (TTM) dividend yield is 0.67%. Interested in purchasing Savita Oil Technologies stock? Use our calculator to estimate your expected dividend yield:

Savita Oil Technologies Financial Ratios

P/E ratio24.47
PEG ratio0.33
P/B ratio2.56
ROE10.59%
Payout ratio0.00%
Current ratio2.77
Quick ratio1.60
Cash Ratio0.05

Savita Oil Technologies Dividend FAQ

How much is the next Savita Oil Technologies dividend?
Savita Oil Technologies's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Savita Oil Technologies dividend. The next Savita Oil Technologies dividend will be released in September.
When is Savita Oil Technologies dividend paid?
Savita Oil Technologies 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 Savita Oil Technologies pay?
The specific amount of Savita Oil Technologies 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 Savita Oil Technologies's dividend history.
Does Savita Oil Technologies stock pay dividends?
Yes, Savita Oil Technologies 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 Savita Oil Technologies's dividend history.
How much dividend does Savita Oil Technologies pay?
Savita Oil Technologies paid ₹4.0 in 2024, ₹4.0 in 2023, ₹5.0 in 2022, ₹15.0 in 2021, and ₹20.0 in 2020.
How often does Savita Oil Technologies pay dividends?
Savita Oil Technologies 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 Savita Oil Technologies's dividend yield?
The current dividend yield for Savita Oil Technologies is 0.67%. 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 Savita Oil Technologies's exact dividend yield.
When does Savita Oil Technologies go ex dividend?
Savita Oil Technologies's ex-dividend date for the latest dividend was on 2024-09-17. Savita Oil Technologies 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 Savita Oil Technologies dividend paid?
Savita Oil Technologies pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Savita Oil Technologies 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 Savita Oil Technologies 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 Savita Oil Technologies dividend per share?
Savita Oil Technologies paid ₹4.0 per share in 2024 and ₹4.0 per share in 2023. The amount of dividend per share that Savita Oil Technologies 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 Savita Oil Technologies 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 Savita Oil Technologies 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 Savita Oil Technologies a dividend stock?
Yes, Savita Oil Technologies is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Savita Oil Technologies a good dividend stock?
Whether Savita Oil Technologies is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Savita Oil Technologies has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Savita Oil Technologies 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 Savita Oil Technologies pay dividends monthly?
Savita Oil Technologies typically pays dividends on a annually basis.
Does Savita Oil Technologies pay dividends quarterly?
Savita Oil Technologies currently pays dividends on a annually basis.
Has Savita Oil Technologies ever paid a dividend?
Yes, Savita Oil Technologies has a history of paying dividends to its shareholders. Savita Oil Technologies is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Savita Oil Technologies dividend stocks?
To buy Savita Oil Technologies 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 Savita Oil Technologies 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 Savita Oil Technologies pay dividends 2024?
Savita Oil Technologies pays dividends on a annually basis. 2024 dividend payments are in 2024-10-25. 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 Savita Oil Technologies increase its dividend in 2024?
Decisions regarding Savita Oil Technologies 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 Savita Oil Technologies dividend overview you can look into the above table of dividend history.
How Savita Oil Technologies dividend works?
The Savita Oil Technologies 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 Savita Oil Technologies's dividend process works:

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

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

3. Currency: Savita Oil Technologies 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 Savita Oil Technologies pay dividends?
Savita Oil Technologies 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 Savita Oil Technologies pay dividends?
The general pattern is that Savita Oil Technologies 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 Savita Oil Technologies dividend safe?
The safety of Savita Oil Technologies'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 Savita Oil Technologies'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 Savita Oil Technologies'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.