Sintex Industries Limited manufactures and sells textiles and yarns in India and internationally. The company offers fabrics in various blends, including metallic yarn, silk yarn, mélange yarn, linen, modal, nylon-viscose, and cupro, as well as a range of weaves, such as dobbies, jacquards, leno, double beam and double ereel, and others; and men's/women's apparel and furnishings under the BVM brand. It also provides yarns comprising cotton combed and carded, compact, blended, contamination-free, ply, TFO/multi-fold, and ring spun yarns; and specialty yarns that include core spun, slub, neppy, injection, eli-twist, fancy, dyed, melange, linen, linen blended yarns, and other yarns. The company was formerly known as The Bharat Vijay Mills Limited and changed its name to Sintex Industries Limited in 1995. Sintex Industries Limited was incorporated in 1931 and is based in Kalol, India.
Sintex Industries Dividend Announcement
• Sintex Industries announced a annually dividend of ₹0.10 per ordinary share which will be made payable on 2018-09-18. Ex dividend date: 2018-09-06
• Sintex Industries's trailing twelve-month (TTM) dividend yield is -%
• Sintex Industries's payout ratio for the trailing twelve months (TTM) is -0.03%
Sintex Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2018-09-06 | ₹0.10 | annually | 2018-09-18 |
2017-09-04 | ₹0.25 | annually | 2017-10-14 |
2016-08-08 | ₹0.70 | annually | 2016-10-26 |
2015-08-20 | ₹0.70 | annually | 2015-09-30 |
2014-07-18 | ₹0.70 | annually | 2014-08-04 |
2013-09-19 | ₹0.70 | annually | 2013-10-30 |
2012-09-06 | ₹0.65 | annually | 2012-10-17 |
2011-08-30 | ₹0.65 | annually | 2011-10-12 |
2010-09-09 | ₹1.20 | annually | 2010-09-28 |
2009-09-25 | ₹1.10 | annually | 2009-10-16 |
2008-08-28 | ₹1.00 | annually | 2008-10-01 |
2007-06-13 | ₹0.96 | annually | 2007-07-01 |
Sintex Industries Dividend per year
Sintex Industries Dividend growth
Sintex Industries Dividend Yield
Sintex Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sintex Industries stock? Use our calculator to estimate your expected dividend yield:
Sintex Industries Financial Ratios
Sintex Industries Dividend FAQ
Other factors to consider when evaluating Sintex 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: Sintex 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, Sintex 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, Sintex 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 Sintex 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: Sintex 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, Sintex 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: Sintex 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 Sintex 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 Sintex 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.