Standard Industries Limited trades in textiles and chemical products primarily in India. The company trades in cotton towels, bed sheets, interlining fabrics, cotton and blended dhotis, and cotton/PC blended and poly viscose suiting products; and cotton, PC poplin, and shirting products, as well as ready to stitch PC blended and Punjabi suits. It also engages in the property business; and manufactures common salt. The company was formerly known as Standard Mills Company Limited and changed its name to Standard Industries Limited in October 1989. The company was incorporated in 1892 and is based in Mumbai, India.
Standard Industries Dividend Announcement
• Standard Industries announced a semi annually dividend of ₹0.55 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-07-30
• Standard Industries annual dividend for 2024 was ₹1.05
• Standard Industries annual dividend for 2023 was ₹1.05
• Standard Industries's trailing twelve-month (TTM) dividend yield is 3.97%
Standard Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-30 | ₹0.55 | semi annually | 2024-09-05 |
2024-03-28 | ₹0.50 | semi annually | 2024-04-14 |
2023-07-25 | ₹0.25 | semi annually | 2023-08-23 |
2023-06-01 | ₹0.80 | semi annually | 2023-06-19 |
2022-08-10 | ₹0.75 | semi annually | 2022-09-12 |
2022-05-30 | ₹1.75 | semi annually | 2022-06-18 |
2018-08-02 | ₹0.25 | semi annually | 2018-09-19 |
2018-06-07 | ₹0.75 | semi annually | 2018-06-28 |
2017-08-14 | ₹0.75 | semi annually | 2017-09-30 |
2017-05-15 | ₹0.75 | semi annually | |
2016-06-09 | ₹0.75 | semi annually | 2016-07-27 |
2015-09-11 | ₹0.75 | semi annually | 2015-10-29 |
2014-07-28 | ₹0.75 | semi annually | 2014-09-13 |
2013-07-29 | ₹0.75 | semi annually | 2013-09-13 |
2012-07-27 | ₹0.75 | semi annually | 2012-09-13 |
2011-07-19 | ₹0.75 | semi annually | 2011-09-03 |
2010-07-22 | ₹0.75 | semi annually | 2010-09-08 |
Standard Industries Dividend per year
Standard Industries Dividend growth
Standard Industries Dividend Yield
Standard Industries current trailing twelve-month (TTM) dividend yield is 3.97%. Interested in purchasing Standard Industries stock? Use our calculator to estimate your expected dividend yield:
Standard Industries Financial Ratios
Standard Industries Dividend FAQ
Other factors to consider when evaluating Standard 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: Standard 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, Standard 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, Standard 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 Standard 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: Standard 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, Standard 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: Standard 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 Standard 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 Standard 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.