The South India Paper Mills Ltd. engages in the manufacture and distribution of paper and paper products. It operates through the Paper & Paper Products and Power segments. The firms product portfolio comprises of corrugating case raw materials including Kraft liner substitutes, test liners, white Kraft liners, fluting grades, high performance fluting and test liner and special application grades for packaging. The company was founded on June 6, 1959 and is headquartered in Bangalore, India.
South India Paper Mills Dividend Announcement
• South India Paper Mills announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2022-10-22. Ex dividend date: 2022-08-29 • South India Paper Mills's trailing twelve-month (TTM) dividend yield is -%
South India Paper Mills current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing South India Paper Mills stock? Use our calculator to estimate your expected dividend yield:
South India Paper Mills Financial Ratios
P/E ratio-20.39
PEG ratio0.98
P/B ratio0.94
ROE-4.52%
Payout ratio0.00%
Current ratio1.01
Quick ratio0.63
Cash Ratio0.00
South India Paper Mills Dividend FAQ
How much is the next South India Paper Mills dividend?
South India Paper 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 South India Paper Mills dividend. The next South India Paper Mills dividend will be released in August.
When is South India Paper Mills dividend paid?
South India Paper 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 South India Paper Mills pay?
The specific amount of South India Paper 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 South India Paper Mills's dividend history.
Does South India Paper Mills stock pay dividends?
Yes, South India Paper 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 South India Paper Mills's dividend history.
How much dividend does South India Paper Mills pay?
South India Paper Mills paid ₹0.0 in 2024, ₹0.0 in 2023, ₹1.0 in 2022, ₹1.0 in 2021, and ₹1.5 in 2020.
How often does South India Paper Mills pay dividends?
South India Paper 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 South India Paper Mills's dividend yield?
The current dividend yield for South India Paper Mills is -%. 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 South India Paper Mills's exact dividend yield.
When does South India Paper Mills go ex dividend?
South India Paper Mills's ex-dividend date for the latest dividend was on 2022-08-29. South India Paper 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 South India Paper Mills dividend paid?
South India Paper Mills pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will South India Paper 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 South India Paper 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 South India Paper Mills dividend per share?
South India Paper Mills paid ₹0.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that South India Paper 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 South India Paper 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 South India Paper 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 South India Paper Mills a dividend stock?
Yes, South India Paper Mills is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is South India Paper Mills a good dividend stock?
Whether South India Paper 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. South India Paper Mills has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating South India Paper 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 South India Paper Mills pay dividends monthly?
South India Paper Mills typically pays dividends on a annually basis.
Does South India Paper Mills pay dividends quarterly?
South India Paper Mills currently pays dividends on a annually basis.
Has South India Paper Mills ever paid a dividend?
Yes, South India Paper Mills has a history of paying dividends to its shareholders. South India Paper Mills is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy South India Paper Mills dividend stocks?
To buy South India Paper 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 South India Paper 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 South India Paper Mills pay dividends 2024?
South India Paper Mills pays dividends on a annually basis. 2024 dividend payments are in 2022-10-22. 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 South India Paper Mills increase its dividend in 2024?
Decisions regarding South India Paper 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 South India Paper Mills dividend overview you can look into the above table of dividend history.
How South India Paper Mills dividend works?
The South India Paper 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 South India Paper Mills's dividend process works:
1. Determination of Dividend: South India Paper 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, South India Paper 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, South India Paper 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 South India Paper 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 South India Paper Mills dividends paid?
South India Paper Mills dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: South India Paper 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, South India Paper 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: South India Paper 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 South India Paper Mills pay dividends?
South India Paper 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 South India Paper Mills pay dividends?
The general pattern is that South India Paper 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 South India Paper Mills dividend safe?
The safety of South India Paper 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 South India Paper 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 South India Paper 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.