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Shri Dinesh Mills Ltd. is a holding company, which engages in the provision of woolen and worsted fabrics and paper makers felt. It operates through the Textile and Pharmaceuticals segments. The company was founded on July 1, 1935 and is headquartered in Vadodara, India.

Shri Dinesh Mills Dividend Announcement

Shri Dinesh Mills announced a annually dividend of ₹20.00 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-02
Shri Dinesh Mills annual dividend for 2024 was ₹20.00
Shri Dinesh Mills annual dividend for 2023 was ₹10.00
Shri Dinesh Mills's trailing twelve-month (TTM) dividend yield is 4.79%
Shri Dinesh Mills's dividend growth over the last five years (2018-2023) was 46.14% year
Shri Dinesh Mills's dividend growth over the last ten years (2013-2023) was 18.71% year

Shri Dinesh Mills Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-02₹20.00annually2024-09-12
2023-08-25₹10.00annually2023-10-01
2022-08-11₹7.50annually2022-10-02
2021-08-05₹5.00annually2021-09-26
2020-02-18₹3.00annually2020-03-12
2019-09-05₹1.80annually2019-10-25
2018-09-12₹1.50annually2018-10-28
2017-09-14₹1.50annually2017-10-27
2016-08-25₹1.50annually
2015-08-27₹1.80annually
2014-08-07₹1.80annually
2013-07-11₹1.80annually

Shri Dinesh Mills Dividend per year

Shri Dinesh Mills Dividend growth

Shri Dinesh Mills Dividend Yield

Shri Dinesh Mills current trailing twelve-month (TTM) dividend yield is 4.79%. Interested in purchasing Shri Dinesh Mills stock? Use our calculator to estimate your expected dividend yield:

Shri Dinesh Mills Financial Ratios

P/E ratio4.95
PEG ratio-0.19
P/B ratio1.23
ROE34.13%
Payout ratio0.00%
Current ratio4.98
Quick ratio4.49
Cash Ratio0.06

Shri Dinesh Mills Dividend FAQ

How much is the next Shri Dinesh Mills dividend?
Shri Dinesh Mills's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shri Dinesh Mills dividend. The next Shri Dinesh Mills dividend will be released in August.
When is Shri Dinesh Mills dividend paid?
Shri Dinesh Mills pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Shri Dinesh Mills pay?
The specific amount of Shri Dinesh Mills 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 Shri Dinesh Mills's dividend history.
Does Shri Dinesh Mills stock pay dividends?
Yes, Shri Dinesh Mills 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 Shri Dinesh Mills's dividend history.
How much dividend does Shri Dinesh Mills pay?
Shri Dinesh Mills paid ₹20.0 in 2024, ₹10.0 in 2023, ₹7.5 in 2022, ₹5.0 in 2021, and ₹3.0 in 2020.
How often does Shri Dinesh Mills pay dividends?
Shri Dinesh Mills 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 August.
What is Shri Dinesh Mills's dividend yield?
The current dividend yield for Shri Dinesh Mills is 4.79%. 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 Shri Dinesh Mills's exact dividend yield.
When does Shri Dinesh Mills go ex dividend?
Shri Dinesh Mills's ex-dividend date for the latest dividend was on 2024-08-02. Shri Dinesh Mills 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 Shri Dinesh Mills dividend paid?
Shri Dinesh Mills pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Shri Dinesh Mills 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 Shri Dinesh Mills 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 Shri Dinesh Mills dividend per share?
Shri Dinesh Mills paid ₹20.0 per share in 2024 and ₹10.0 per share in 2023. The amount of dividend per share that Shri Dinesh Mills 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 Shri Dinesh Mills 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 Shri Dinesh Mills 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 Shri Dinesh Mills a dividend stock?
Yes, Shri Dinesh Mills is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shri Dinesh Mills a good dividend stock?
Whether Shri Dinesh Mills is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shri Dinesh Mills has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shri Dinesh Mills 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 Shri Dinesh Mills pay dividends monthly?
Shri Dinesh Mills typically pays dividends on a annually basis.
Does Shri Dinesh Mills pay dividends quarterly?
Shri Dinesh Mills currently pays dividends on a annually basis.
Has Shri Dinesh Mills ever paid a dividend?
Yes, Shri Dinesh Mills has a history of paying dividends to its shareholders. Shri Dinesh Mills is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shri Dinesh Mills dividend stocks?
To buy Shri Dinesh Mills 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 Shri Dinesh Mills 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 Shri Dinesh Mills pay dividends 2024?
Shri Dinesh Mills pays dividends on a annually basis. 2024 dividend payments are in 2024-09-12. 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 Shri Dinesh Mills increase its dividend in 2024?
Decisions regarding Shri Dinesh Mills 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 Shri Dinesh Mills dividend overview you can look into the above table of dividend history.
How Shri Dinesh Mills dividend works?
The Shri Dinesh Mills 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 Shri Dinesh Mills's dividend process works:

1. Determination of Dividend: Shri Dinesh Mills'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, Shri Dinesh Mills 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, Shri Dinesh Mills 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 Shri Dinesh Mills 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 Shri Dinesh Mills dividends paid?
Shri Dinesh Mills dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Shri Dinesh Mills 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, Shri Dinesh Mills distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Shri Dinesh Mills 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 Shri Dinesh Mills pay dividends?
Shri Dinesh Mills 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 Shri Dinesh Mills pay dividends?
The general pattern is that Shri Dinesh Mills pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shri Dinesh Mills dividend safe?
The safety of Shri Dinesh Mills'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 Shri Dinesh Mills'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 Shri Dinesh Mills'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.