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 0.42%
• 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 0.42%. Interested in purchasing Shree Cement stock? Use our calculator to estimate your expected dividend yield:
Shree Cement Financial Ratios
P/E ratio42.43
PEG ratio0.42
P/B ratio4.30
ROE10.45%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Shree Cement Dividend FAQ
How much is the next Shree Cement dividend?
Shree 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 Shree Cement dividend. The next Shree Cement dividend will be released in February, or June.
When is Shree Cement dividend paid?
Shree Cement pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and 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 Shree Cement pay?
The specific amount of Shree 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 Shree Cement's dividend history.
Does Shree Cement stock pay dividends?
Yes, Shree 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 Shree Cement's dividend history.
How much dividend does Shree Cement pay?
Shree Cement paid ₹105.0 in 2024, ₹100.0 in 2023, ₹90.0 in 2022, ₹60.0 in 2021, and ₹110.0 in 2020.
How often does Shree Cement pay dividends?
Shree 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 February, and June.
What is Shree Cement's dividend yield?
The current dividend yield for Shree Cement is 0.42%. 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 Cement's exact dividend yield.
When does Shree Cement go ex dividend?
Shree Cement's ex-dividend date for the latest dividend was on 2024-07-23. Shree 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 Shree Cement dividend paid?
Shree Cement pays dividends on a semi annually basis, typically around February, or June, but the exact dates can vary each year.
Will Shree 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 Shree 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 Shree Cement dividend per share?
Shree Cement paid ₹105.0 per share in 2024 and ₹100.0 per share in 2023. The amount of dividend per share that Shree 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 Shree 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 Shree 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 Shree Cement a dividend stock?
Yes, Shree Cement is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shree Cement a good dividend stock?
Whether Shree 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. Shree Cement has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Shree Cement pay dividends monthly?
Shree Cement typically pays dividends on a semi annually basis.
Does Shree Cement pay dividends quarterly?
Shree Cement currently pays dividends on a semi annually basis.
Has Shree Cement ever paid a dividend?
Yes, Shree Cement has a history of paying dividends to its shareholders. Shree Cement is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shree Cement dividend stocks?
To buy Shree 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 Shree 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.
Place an order: Use the brokerage's trading platform to place an order to buy Shree 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 Shree Cement pay dividends 2024?
Shree Cement pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-05. 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 Cement increase its dividend in 2024?
Decisions regarding Shree 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 Shree Cement dividend overview you can look into the above table of dividend history.
How Shree Cement dividend works?
The Shree 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 Shree Cement's dividend process works:
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. 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.
How are Shree Cement dividends paid?
Shree Cement dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Shree Cement pay dividends?
Shree 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 Shree Cement pay dividends?
The general pattern is that Shree Cement pays dividends around February, and 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 Shree Cement dividend safe?
The safety of Shree 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 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.
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.