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Shreyans Industries Limited engages in the manufacture and sale of writing and printing papers in India and internationally. The company offers high brightness, cream wove, colored, duplicating, surface sized printing, azure laid, maplitho, stamp, inland letter, postal envelope, offset, cover, super calendared, rail ticket, and super printing paper products. It serves publishers, copy manufacturers, job printers, various states text book boards, exporters of notebooks and diaries, printing and stationary department, railways, P&T departments, security press, etc. Shreyans Industries Limited was formerly known as Shreyans Paper Mills Ltd. and changed its name to Shreyans Industries Limited in October 1992. The company was incorporated in 1979 and is based in Ludhiana, India.
Shreyans Industries Dividend Announcement
• Shreyans Industries announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-07-29
• Shreyans Industries annual dividend for 2024 was ₹3.00
• Shreyans Industries annual dividend for 2023 was ₹2.50
• Shreyans Industries's trailing twelve-month (TTM) dividend yield is 1.24%
• Shreyans Industries's dividend growth over the last five years (2018-2023) was 6.79% year
• Shreyans Industries's dividend growth over the last ten years (2013-2023) was 9.60% year
Shreyans Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-29 | ₹3.00 | annually | 2024-09-04 |
2023-08-03 | ₹2.50 | annually | 2023-09-09 |
2022-08-11 | ₹2.00 | annually | 2022-09-15 |
2021-08-23 | ₹3.00 | annually | 2021-09-30 |
2020-02-18 | ₹3.00 | annually | 2020-03-07 |
2019-07-05 | ₹3.00 | annually | 2019-08-14 |
2018-08-02 | ₹1.80 | annually | 2018-09-09 |
2017-08-30 | ₹1.50 | annually | 2017-10-07 |
2016-08-02 | ₹1.20 | annually | 2016-09-09 |
2015-08-04 | ₹1.20 | annually | 2015-09-11 |
2014-08-05 | ₹1.20 | annually | |
2013-08-21 | ₹1.00 | annually | 2013-09-29 |
Shreyans Industries Dividend per year
Shreyans Industries Dividend growth
Shreyans Industries Dividend Yield
Shreyans Industries current trailing twelve-month (TTM) dividend yield is 1.24%. Interested in purchasing Shreyans Industries stock? Use our calculator to estimate your expected dividend yield:
Shreyans Industries Financial Ratios
Shreyans Industries Dividend FAQ
Other factors to consider when evaluating Shreyans Industries 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: Shreyans Industries'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, Shreyans Industries 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, Shreyans Industries 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 Shreyans Industries 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: Shreyans Industries 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, Shreyans Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shreyans Industries 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 Shreyans Industries'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 Shreyans Industries'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.