Shree Cement Limited manufactures and sells cement and clinker in India and internationally. It offers cement under the Roofon, Bangur Power, Shree Jung Rodhak, Bangur Cement, and Rockstrong brand names. The company also engages in the generation of power with a total capacity of 771 megawatts through thermal, waste heat recovery, solar, and wind power plants. Further, it produces autoclaved aerated concrete blocks, a lightweight and precast building material. Shree Cement Limited was incorporated in 1979 and is based in Kolkata, India.
Shree Cement Dividend Announcement
• Shree Cement announced a semi annually dividend of ₹55.00 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-07-23
• Shree Cement annual dividend for 2024 was ₹105.00
• Shree Cement annual dividend for 2023 was ₹100.00
• Shree Cement's trailing twelve-month (TTM) dividend yield is 0.38%
• Shree Cement's dividend growth over the last five years (2018-2023) was 14.87% year
• Shree Cement's dividend growth over the last ten years (2013-2023) was 17.46% year
Shree Cement Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-23 | ₹55.00 | semi annually | 2024-09-05 |
2024-02-08 | ₹50.00 | semi annually | |
2023-06-01 | ₹55.00 | semi annually | 2023-06-13 |
2023-02-16 | ₹45.00 | semi annually | 2023-03-10 |
2022-07-13 | ₹45.00 | semi annually | 2022-08-27 |
2022-02-10 | ₹45.00 | semi annually | 2022-03-06 |
2021-07-22 | ₹60.00 | semi annually | 2021-09-08 |
2020-02-24 | ₹110.00 | semi annually | 2020-02-27 |
2019-07-31 | ₹35.00 | semi annually | 2019-09-08 |
2019-01-29 | ₹25.00 | semi annually | 2019-02-21 |
2018-07-20 | ₹30.00 | semi annually | 2018-08-29 |
2018-01-18 | ₹20.00 | semi annually | 2018-02-10 |
2017-07-21 | ₹24.00 | semi annually | 2017-08-30 |
2017-02-06 | ₹100.00 | semi annually | 2017-02-09 |
2016-08-22 | ₹16.00 | semi annually | 2016-09-11 |
2016-03-17 | ₹12.00 | semi annually | 2016-03-21 |
2016-02-10 | ₹12.00 | semi annually | 2016-02-12 |
2015-11-05 | ₹14.00 | semi annually | 2015-12-14 |
2014-08-28 | ₹22.00 | semi annually | 2014-09-24 |
2014-01-31 | ₹10.00 | semi annually | 2014-02-26 |
2013-10-17 | ₹12.00 | semi annually | 2013-11-24 |
2013-05-03 | ₹8.00 | semi annually | 2013-05-29 |
Shree Cement Dividend per year
Shree Cement Dividend growth
Shree Cement Dividend Yield
Shree Cement current trailing twelve-month (TTM) dividend yield is 0.38%. Interested in purchasing Shree Cement stock? Use our calculator to estimate your expected dividend yield:
Shree Cement Financial Ratios
Shree Cement Dividend FAQ
Other factors to consider when evaluating Shree 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.
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1. Determination of Dividend: Shree 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, Shree 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, Shree 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 Shree 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.
1. Record Date: Shree 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, Shree 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: Shree 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.
To assess the safety of Shree 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 Shree 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.