Siyaram Silk Mills Limited manufactures and sells fabrics, readymade garments, yarn, and other textiles products in India. The company offers fabrics, including polyester viscose, polyester viscose blend, polyester viscose lycra, polyester cotton, polyester wool lycra, wool linen, cotton, cotton linen, polyester viscose linen, polyester rayon, polyester wool, wool lycra, wool, linen, and CVC and PC yarn-dyed shirting. It also provides ready-made formal and casual wear; garments, including formal wear, casual attire, corporate uniforms, and home furnishing fabrics; and poly/viscose fiber dyed, poly/viscose/spandex dyed, fiber dyedpoly/viscose, poly/viscose/cotton, poly/viscose/linen, poly/wool and poly/viscose/wool, jacquard, and poly/viscose fabrics, as well as fabrics in various blends. In addition, the company operates and franchises a chain of retail stores, which offer menswear fashion fabrics and apparels, and accessories under the Siyaram's Shop name. It also exports its products to the United Kingdom, Europe, North America, Latin America, Gulf countries, and South-East Asia. The company sells its products under the Siyaram's Suitings and Shirtings, Mistair, Royale Linen, Moretti, Miniature, Unicode, J. Hampstead, Oxemberg, Mozzo, Cadini, and Casa Moda brand names. Siyaram Silk Mills Limited was incorporated in 1978 and is based in Mumbai, India.
Siyaram Silk Mills Dividend Announcement
• Siyaram Silk Mills announced a quarterly dividend of ₹4.00 per ordinary share which will be made payable on 2024-11-25. Ex dividend date: 2024-11-06
• Siyaram Silk Mills annual dividend for 2024 was ₹11.00
• Siyaram Silk Mills annual dividend for 2023 was ₹11.00
• Siyaram Silk Mills's trailing twelve-month (TTM) dividend yield is 1.6%
• Siyaram Silk Mills's dividend growth over the last five years (2018-2023) was 21.24% year
• Siyaram Silk Mills's dividend growth over the last ten years (2013-2023) was 3.90% year
Siyaram Silk Mills Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-06 | ₹4.00 | quarterly | 2024-11-25 |
2024-07-15 | ₹4.00 | quarterly | 2024-08-26 |
2024-02-19 | ₹3.00 | quarterly | 2024-03-09 |
2023-11-07 | ₹4.00 | quarterly | 2023-11-29 |
2023-07-24 | ₹4.00 | quarterly | 2023-08-12 |
2023-02-06 | ₹3.00 | quarterly | 2023-02-27 |
2022-11-11 | ₹4.00 | quarterly | 2022-11-23 |
2022-07-01 | ₹3.20 | quarterly | 2022-08-22 |
2022-02-04 | ₹3.00 | quarterly | 2022-02-28 |
2021-11-02 | ₹3.00 | quarterly | 2021-11-25 |
2021-07-19 | ₹4.60 | quarterly | 2021-08-30 |
2020-03-16 | ₹2.40 | quarterly | 2020-04-06 |
2019-10-29 | ₹4.00 | quarterly | 2019-11-18 |
2019-07-05 | ₹2.20 | quarterly | 2019-08-24 |
2018-11-20 | ₹2.20 | quarterly | 2018-12-13 |
2018-07-27 | ₹2.00 | quarterly | 2018-09-13 |
2017-12-04 | ₹2.20 | quarterly | 2017-12-27 |
2017-08-18 | ₹15.00 | quarterly | 2017-10-09 |
2016-03-16 | ₹11.00 | quarterly | 2016-07-01 |
2015-06-26 | ₹10.00 | quarterly | 2015-08-17 |
2014-09-08 | ₹8.00 | quarterly | 2014-10-27 |
2013-07-26 | ₹7.50 | quarterly | 2013-08-14 |
Siyaram Silk Mills Dividend per year
Siyaram Silk Mills Dividend growth
Siyaram Silk Mills Dividend Yield
Siyaram Silk Mills current trailing twelve-month (TTM) dividend yield is 1.6%. Interested in purchasing Siyaram Silk Mills stock? Use our calculator to estimate your expected dividend yield:
Siyaram Silk Mills Financial Ratios
Siyaram Silk Mills Dividend FAQ
Other factors to consider when evaluating Siyaram Silk 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.
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1. Determination of Dividend: Siyaram Silk 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, Siyaram Silk 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, Siyaram Silk 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 Siyaram Silk 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.
1. Record Date: Siyaram Silk 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, Siyaram Silk 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: Siyaram Silk 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.
To assess the safety of Siyaram Silk 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 Siyaram Silk 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.