Seshasayee Paper and Boards Limited engages in the manufacture and sale of printing and writing paper in India. It also owns and operates integrated pulp, paper, and paper board mills. In addition, it offers paper board. The company also exports its products. Seshasayee Paper and Boards Limited was incorporated in 1960 and is based in Erode, India.
Seshasayee Paper and Boards Dividend Announcement
• Seshasayee Paper and Boards announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-07-01. Ex dividend date: 2024-05-22 • Seshasayee Paper and Boards annual dividend for 2024 was ₹5.00 • Seshasayee Paper and Boards annual dividend for 2023 was ₹6.00 • Seshasayee Paper and Boards's trailing twelve-month (TTM) dividend yield is 1.64% • Seshasayee Paper and Boards's dividend growth over the last five years (2018-2023) was -16.74% year • Seshasayee Paper and Boards's dividend growth over the last ten years (2013-2023) was 4.14% year
Seshasayee Paper and Boards current trailing twelve-month (TTM) dividend yield is 1.64%. Interested in purchasing Seshasayee Paper and Boards stock? Use our calculator to estimate your expected dividend yield:
Seshasayee Paper and Boards Financial Ratios
P/E ratio9.59
PEG ratio-0.54
P/B ratio0.93
ROE10.12%
Payout ratio0.00%
Current ratio3.84
Quick ratio2.77
Cash Ratio0.05
Seshasayee Paper and Boards Dividend FAQ
How much is the next Seshasayee Paper and Boards dividend?
Seshasayee Paper and Boards's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Seshasayee Paper and Boards dividend. The next Seshasayee Paper and Boards dividend will be released in June.
When is Seshasayee Paper and Boards dividend paid?
Seshasayee Paper and Boards pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Seshasayee Paper and Boards pay?
The specific amount of Seshasayee Paper and Boards 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 Seshasayee Paper and Boards's dividend history.
Does Seshasayee Paper and Boards stock pay dividends?
Yes, Seshasayee Paper and Boards 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 Seshasayee Paper and Boards's dividend history.
How much dividend does Seshasayee Paper and Boards pay?
Seshasayee Paper and Boards paid ₹5.0 in 2024, ₹6.0 in 2023, ₹2.5 in 2022, ₹2.5 in 2021, and ₹0.5 in 2020.
How often does Seshasayee Paper and Boards pay dividends?
Seshasayee Paper and Boards 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 June.
What is Seshasayee Paper and Boards's dividend yield?
The current dividend yield for Seshasayee Paper and Boards is 1.64%. 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 Seshasayee Paper and Boards's exact dividend yield.
When does Seshasayee Paper and Boards go ex dividend?
Seshasayee Paper and Boards's ex-dividend date for the latest dividend was on 2024-05-22. Seshasayee Paper and Boards 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 Seshasayee Paper and Boards dividend paid?
Seshasayee Paper and Boards pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Seshasayee Paper and Boards 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 Seshasayee Paper and Boards 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 Seshasayee Paper and Boards dividend per share?
Seshasayee Paper and Boards paid ₹5.0 per share in 2024 and ₹6.0 per share in 2023. The amount of dividend per share that Seshasayee Paper and Boards 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 Seshasayee Paper and Boards 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 Seshasayee Paper and Boards 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 Seshasayee Paper and Boards a dividend stock?
Yes, Seshasayee Paper and Boards is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Seshasayee Paper and Boards a good dividend stock?
Whether Seshasayee Paper and Boards is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Seshasayee Paper and Boards has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Seshasayee Paper and Boards 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 Seshasayee Paper and Boards pay dividends monthly?
Seshasayee Paper and Boards typically pays dividends on a annually basis.
Does Seshasayee Paper and Boards pay dividends quarterly?
Seshasayee Paper and Boards currently pays dividends on a annually basis.
Has Seshasayee Paper and Boards ever paid a dividend?
Yes, Seshasayee Paper and Boards has a history of paying dividends to its shareholders. Seshasayee Paper and Boards is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Seshasayee Paper and Boards dividend stocks?
To buy Seshasayee Paper and Boards 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 Seshasayee Paper and Boards 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 Seshasayee Paper and Boards pay dividends 2024?
Seshasayee Paper and Boards pays dividends on a annually basis. 2024 dividend payments are in 2024-07-01. 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 Seshasayee Paper and Boards increase its dividend in 2024?
Decisions regarding Seshasayee Paper and Boards 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 Seshasayee Paper and Boards dividend overview you can look into the above table of dividend history.
How Seshasayee Paper and Boards dividend works?
The Seshasayee Paper and Boards 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 Seshasayee Paper and Boards's dividend process works:
1. Determination of Dividend: Seshasayee Paper and Boards'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, Seshasayee Paper and Boards 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, Seshasayee Paper and Boards 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 Seshasayee Paper and Boards 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 Seshasayee Paper and Boards dividends paid?
Seshasayee Paper and Boards dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Seshasayee Paper and Boards 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, Seshasayee Paper and Boards distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Seshasayee Paper and Boards 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 Seshasayee Paper and Boards pay dividends?
Seshasayee Paper and Boards 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 Seshasayee Paper and Boards pay dividends?
The general pattern is that Seshasayee Paper and Boards pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Seshasayee Paper and Boards dividend safe?
The safety of Seshasayee Paper and Boards'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 Seshasayee Paper and Boards'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 Seshasayee Paper and Boards'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.