Star Paper Mills Limited manufactures and supplies paper and paper boards in India and internationally. It offers a range of industrial packaging and cultural papers. The company was incorporated in 1936 and is based in Kolkata, India.
Star Paper Mills Dividend Announcement
• Star Paper Mills announced a annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-17 • Star Paper Mills annual dividend for 2024 was ₹4.00 • Star Paper Mills annual dividend for 2023 was ₹1.50 • Star Paper Mills's trailing twelve-month (TTM) dividend yield is 1.98% • Star Paper Mills's dividend growth over the last five years (2018-2023) was -9.71% year
Star Paper Mills current trailing twelve-month (TTM) dividend yield is 1.98%. Interested in purchasing Star Paper Mills stock? Use our calculator to estimate your expected dividend yield:
Star Paper Mills Financial Ratios
P/E ratio5.41
PEG ratio0.22
P/B ratio0.49
ROE9.18%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Star Paper Mills Dividend FAQ
How much is the next Star Paper Mills dividend?
Star 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 Star Paper Mills dividend. The next Star Paper Mills dividend will be released in September.
When is Star Paper Mills dividend paid?
Star Paper Mills pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Star Paper Mills pay?
The specific amount of Star 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 Star Paper Mills's dividend history.
Does Star Paper Mills stock pay dividends?
Yes, Star 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 Star Paper Mills's dividend history.
How much dividend does Star Paper Mills pay?
Star Paper Mills paid ₹4.0 in 2024, ₹1.5 in 2023, ₹3.5 in 2022, ₹2.5 in 2021, and ₹2.5 in 2020.
How often does Star Paper Mills pay dividends?
Star 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 September.
What is Star Paper Mills's dividend yield?
The current dividend yield for Star Paper Mills is 1.98%. 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 Star Paper Mills's exact dividend yield.
When does Star Paper Mills go ex dividend?
Star Paper Mills's ex-dividend date for the latest dividend was on 2024-09-17. Star 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 Star Paper Mills dividend paid?
Star Paper Mills pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Star 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 Star 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 Star Paper Mills dividend per share?
Star Paper Mills paid ₹4.0 per share in 2024 and ₹1.5 per share in 2023. The amount of dividend per share that Star 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 Star 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 Star 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 Star Paper Mills a dividend stock?
Yes, Star 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 Star Paper Mills a good dividend stock?
Whether Star 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. Star Paper Mills has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Star 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 Star Paper Mills pay dividends monthly?
Star Paper Mills typically pays dividends on a annually basis.
Does Star Paper Mills pay dividends quarterly?
Star Paper Mills currently pays dividends on a annually basis.
Has Star Paper Mills ever paid a dividend?
Yes, Star Paper Mills has a history of paying dividends to its shareholders. Star Paper Mills is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Star Paper Mills dividend stocks?
To buy Star 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 Star 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 Star Paper Mills pay dividends 2024?
Star Paper Mills pays dividends on a annually basis. 2024 dividend payments are in 2024-10-25. 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 Star Paper Mills increase its dividend in 2024?
Decisions regarding Star 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 Star Paper Mills dividend overview you can look into the above table of dividend history.
How Star Paper Mills dividend works?
The Star 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 Star Paper Mills's dividend process works:
1. Determination of Dividend: Star 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, Star 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, Star 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 Star 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 Star Paper Mills dividends paid?
Star Paper Mills dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Star 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, Star 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: Star 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 Star Paper Mills pay dividends?
Star 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 Star Paper Mills pay dividends?
The general pattern is that Star Paper Mills pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Star Paper Mills dividend safe?
The safety of Star 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 Star 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 Star 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.