Shree Ajit Pulp & Paper Ltd. engages in the manufacture of kraft paper which is mainly used in manufacturing corrugated boxes. It produces both testliner and multilayer testliner papers. The company was founded on March 23, 1995 and is headquartered in Valsad, India.
Shree Ajit Pulp and Paper Dividend Announcement
• Shree Ajit Pulp and Paper announced a annually dividend of ₹0.68 per ordinary share which will be made payable on 2023-09-03. Ex dividend date: 2023-07-27 • Shree Ajit Pulp and Paper annual dividend for 2023 was ₹0.68 • Shree Ajit Pulp and Paper's trailing twelve-month (TTM) dividend yield is -% • Shree Ajit Pulp and Paper's dividend growth over the last five years (2018-2023) was 5.92% year • Shree Ajit Pulp and Paper's dividend growth over the last ten years (2013-2023) was 7.18% year
Shree Ajit Pulp and Paper current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shree Ajit Pulp and Paper stock? Use our calculator to estimate your expected dividend yield:
Shree Ajit Pulp and Paper Financial Ratios
P/E ratio20.07
PEG ratio0.45
P/B ratio0.69
ROE7.16%
Payout ratio0.00%
Current ratio1.25
Quick ratio0.72
Cash Ratio0.02
Shree Ajit Pulp and Paper Dividend FAQ
How much is the next Shree Ajit Pulp and Paper dividend?
Shree Ajit Pulp and Paper's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shree Ajit Pulp and Paper dividend. The next Shree Ajit Pulp and Paper dividend will be released in September.
When is Shree Ajit Pulp and Paper dividend paid?
Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper pay?
The specific amount of Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper's dividend history.
Does Shree Ajit Pulp and Paper stock pay dividends?
Yes, Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper's dividend history.
How much dividend does Shree Ajit Pulp and Paper pay?
Shree Ajit Pulp and Paper paid ₹0.0 in 2024, ₹0.676 in 2023, ₹0.676 in 2022, ₹0.676 in 2021, and ₹0.507 in 2020.
How often does Shree Ajit Pulp and Paper pay dividends?
Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper's dividend yield?
The current dividend yield for Shree Ajit Pulp and Paper is -%. 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 Shree Ajit Pulp and Paper's exact dividend yield.
When does Shree Ajit Pulp and Paper go ex dividend?
Shree Ajit Pulp and Paper's ex-dividend date for the latest dividend was on 2023-07-27. Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper dividend paid?
Shree Ajit Pulp and Paper pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper dividend per share?
Shree Ajit Pulp and Paper paid ₹0.0 per share in 2024 and ₹0.676 per share in 2023. The amount of dividend per share that Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper a dividend stock?
Yes, Shree Ajit Pulp and Paper is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shree Ajit Pulp and Paper a good dividend stock?
Whether Shree Ajit Pulp and Paper is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shree Ajit Pulp and Paper has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper pay dividends monthly?
Shree Ajit Pulp and Paper typically pays dividends on a annually basis.
Does Shree Ajit Pulp and Paper pay dividends quarterly?
Shree Ajit Pulp and Paper currently pays dividends on a annually basis.
Has Shree Ajit Pulp and Paper ever paid a dividend?
Yes, Shree Ajit Pulp and Paper has a history of paying dividends to its shareholders. Shree Ajit Pulp and Paper is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shree Ajit Pulp and Paper dividend stocks?
To buy Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper pay dividends 2024?
Shree Ajit Pulp and Paper pays dividends on a annually basis. 2024 dividend payments are in 2023-09-03. 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 Shree Ajit Pulp and Paper increase its dividend in 2024?
Decisions regarding Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper dividend overview you can look into the above table of dividend history.
How Shree Ajit Pulp and Paper dividend works?
The Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper's dividend process works:
1. Determination of Dividend: Shree Ajit Pulp and Paper'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, Shree Ajit Pulp and Paper 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, Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper dividends paid?
Shree Ajit Pulp and Paper dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shree Ajit Pulp and Paper 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, Shree Ajit Pulp and Paper distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper pay dividends?
Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper pay dividends?
The general pattern is that Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper dividend safe?
The safety of Shree Ajit Pulp and Paper'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 Shree Ajit Pulp and Paper'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 Shree Ajit Pulp and Paper'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.