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Shree Digvijay Cement Company Limited, together with its subsidiary, engages in the manufacturing and selling cement in India. It offers ordinary Portland cement, Portland Pozzolana cement, sulphate resisting Portland cement, oil well cement, and other special cements under the KAMAL CEMENT and CEMENT KA SARDAR brands. The company is also involved in the transportation, warehousing, fulfillment, business intelligence, logistics, technology, and supply chain solutions; and provision of break-bulk cargo import and export, chartering and freight forwarding solutions, and commodity trading services. In addition, it provides value added services, which include concrete mix design and cube testing facility services; non-destructive testing of concrete and testing facilities for building materials; training programs for masons, site supervisors, and engineers on good construction practices; mobile concrete lab services; field visits by qualified civil engineers; educating individual household builders on various aspects of building material and construction; and other services. The company was founded in 1942 and is based in Jamnagar, India. Shree Digvijay Cement Company Limited is a subsidiary of True North Fund VI LLP.

Shree Digvijay Cement Dividend Announcement

Shree Digvijay Cement announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-08-25. Ex dividend date: 2024-07-19
Shree Digvijay Cement annual dividend for 2024 was ₹3.00
Shree Digvijay Cement annual dividend for 2023 was ₹2.50
Shree Digvijay Cement's trailing twelve-month (TTM) dividend yield is 3.32%

Shree Digvijay Cement Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-19₹3.00annually2024-08-25
2023-06-21₹2.50annually2023-07-06
2022-11-01₹1.50annually2022-11-20
2022-06-10₹2.00annually2022-06-27
2021-11-02₹1.50annually2021-11-26
2021-06-10₹2.50annually2021-06-25
2020-06-22₹1.50annually2020-07-03

Shree Digvijay Cement Dividend per year

Shree Digvijay Cement Dividend growth

Shree Digvijay Cement Dividend Yield

Shree Digvijay Cement current trailing twelve-month (TTM) dividend yield is 3.32%. Interested in purchasing Shree Digvijay Cement stock? Use our calculator to estimate your expected dividend yield:

Shree Digvijay Cement Financial Ratios

P/E ratio15.94
PEG ratio0.27
P/B ratio3.41
ROE28.58%
Payout ratio0.00%
Current ratio1.75
Quick ratio0.63
Cash Ratio0.02

Shree Digvijay Cement Dividend FAQ

How much is the next Shree Digvijay Cement dividend?
Shree Digvijay 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 Digvijay Cement dividend. The next Shree Digvijay Cement dividend will be released in June.
When is Shree Digvijay Cement dividend paid?
Shree Digvijay Cement 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 Shree Digvijay Cement pay?
The specific amount of Shree Digvijay 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 Digvijay Cement's dividend history.
Does Shree Digvijay Cement stock pay dividends?
Yes, Shree Digvijay 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 Digvijay Cement's dividend history.
How much dividend does Shree Digvijay Cement pay?
Shree Digvijay Cement paid ₹3.0 in 2024, ₹2.5 in 2023, ₹3.5 in 2022, ₹4.0 in 2021, and ₹1.5 in 2020.
How often does Shree Digvijay Cement pay dividends?
Shree Digvijay Cement 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 Shree Digvijay Cement's dividend yield?
The current dividend yield for Shree Digvijay Cement is 3.32%. 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 Digvijay Cement's exact dividend yield.
When does Shree Digvijay Cement go ex dividend?
Shree Digvijay Cement's ex-dividend date for the latest dividend was on 2024-07-19. Shree Digvijay 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 Digvijay Cement dividend paid?
Shree Digvijay Cement pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shree Digvijay 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 Digvijay 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 Digvijay Cement dividend per share?
Shree Digvijay Cement paid ₹3.0 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that Shree Digvijay 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 Digvijay 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 Digvijay 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 Digvijay Cement a dividend stock?
Yes, Shree Digvijay 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 Digvijay Cement a good dividend stock?
Whether Shree Digvijay 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 Digvijay Cement has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shree Digvijay 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 Digvijay Cement pay dividends monthly?
Shree Digvijay Cement typically pays dividends on a annually basis.
Does Shree Digvijay Cement pay dividends quarterly?
Shree Digvijay Cement currently pays dividends on a annually basis.
Has Shree Digvijay Cement ever paid a dividend?
Yes, Shree Digvijay Cement has a history of paying dividends to its shareholders. Shree Digvijay Cement is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shree Digvijay Cement dividend stocks?
To buy Shree Digvijay 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 Digvijay 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 Digvijay Cement pay dividends 2024?
Shree Digvijay Cement pays dividends on a annually basis. 2024 dividend payments are in 2024-08-25. 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 Shree Digvijay Cement increase its dividend in 2024?
Decisions regarding Shree Digvijay 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 Digvijay Cement dividend overview you can look into the above table of dividend history.
How Shree Digvijay Cement dividend works?
The Shree Digvijay 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 Digvijay Cement's dividend process works:

1. Determination of Dividend: Shree Digvijay 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 Digvijay 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 Digvijay 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 Digvijay 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 Digvijay Cement dividends paid?
Shree Digvijay Cement dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Shree Digvijay 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 Digvijay 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 Digvijay 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 Digvijay Cement pay dividends?
Shree Digvijay Cement 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 Digvijay Cement pay dividends?
The general pattern is that Shree Digvijay Cement 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 Shree Digvijay Cement dividend safe?
The safety of Shree Digvijay 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 Digvijay 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 Digvijay 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.