Signet Industries Limited engages in merchant trading of various polymer and other products in India. The company operates through Manufacturing, Wind Power Unit, and Trading segments. It distributes and trades in PVC resins; polyolefins, such as HDPE, LLDPE, and PP; PET resins; and DOP and DBP plasticizers, as well as imports and trades in LDPE and metallocine grades. The company also manufactures micro irrigation systems; HDPE sprinkler pipes, HDPE pipes, and cable ducts; PVC pipes and fittings; spray pumps; crates; molded furniture; and household molded products, as well as ghamela, buckets, milk canes, stools, mugs, supda, etc. In addition, it generates and distributes electricity through windmill in the sates of Rajasthan and Maharashtra. The company was formerly known as Signet Overseas Limited and changed its name to Signet Industries Limited in January 2010. Signet Industries Limited was incorporated in 1985 and is based in Indore, India.
Signet Industries Dividend Announcement
• Signet Industries announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-17
• Signet Industries annual dividend for 2024 was ₹0.50
• Signet Industries annual dividend for 2023 was ₹0.50
• Signet Industries's trailing twelve-month (TTM) dividend yield is 0.64%
Signet Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ₹0.50 | annually | 2024-10-25 |
2023-09-22 | ₹0.50 | annually | 2023-10-29 |
2022-09-22 | ₹0.50 | annually | 2022-10-30 |
2021-09-20 | ₹0.50 | annually | 2021-10-28 |
2020-09-17 | ₹0.50 | annually | 2020-10-25 |
2019-09-20 | ₹0.50 | annually | 2019-10-30 |
2018-09-19 | ₹0.50 | annually | 2018-10-29 |
2017-09-18 | ₹0.05 | annually | 2017-10-26 |
2016-09-22 | ₹0.05 | annually | 2016-10-30 |
2014-09-22 | ₹1.20 | annually | 2014-10-30 |
Signet Industries Dividend per year
Signet Industries Dividend growth
Signet Industries Dividend Yield
Signet Industries current trailing twelve-month (TTM) dividend yield is 0.64%. Interested in purchasing Signet Industries stock? Use our calculator to estimate your expected dividend yield:
Signet Industries Financial Ratios
Signet Industries Dividend FAQ
Other factors to consider when evaluating Signet 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: Signet 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, Signet 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, Signet 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 Signet 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: Signet 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, Signet 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: Signet 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 Signet 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 Signet 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.