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Styrenix Performance Materials Limited engages in the manufacture, trading, and sale of engineering thermoplastics in India and internationally. It operates in Specialties and Polystyrene segments. The company's products include Absolac, a plastic resin that is used for manufacturing of home appliances, automobile interiors and exteriors, consumer durables, and office equipment; and Absolan, which is primarily used in stationeries, cosmetic packing, industrial goods, electrical appliances, cosmetic jars, and household applications. It also offers general purpose poly styrene, a transparent polymer, which is used in TV light diffuser plate, XPS insulation boards, refrigerator drawers, medical labware, PSP packaging, CD jewel box, disposable packaging, and clothes hanger; and high impact poly styrene resin that is used in electronics goods and housing products, refrigerator in-liner and door liner, injection mold, beverage cups, dairy product packaging, sheets, disposables, yogurt bottles, and toys. The company was formerly known as INEOS Styrolution India Limited and changed its name to Styrenix Performance Materials Limited in January 2023. Styrenix Performance Materials Limited was incorporated in 1973 and is based in Vadodara, India. Styrenix Performance Materials Limited operates as a subsidiary of Shiva Performance Materials Private Limited.

Styrenix Performance Materials Dividend Announcement

Styrenix Performance Materials announced a quarterly dividend of ₹28.00 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-12
Styrenix Performance Materials annual dividend for 2024 was ₹76.00
Styrenix Performance Materials annual dividend for 2023 was ₹126.00
Styrenix Performance Materials's trailing twelve-month (TTM) dividend yield is 4.14%

Styrenix Performance Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-12₹28.00quarterly2024-09-20
2024-02-12₹48.00quarterly
2023-10-31₹22.00quarterly2023-11-19
2023-08-02₹24.00quarterly2023-09-09
2023-03-24₹80.00quarterly2023-04-15
2017-08-02₹4.00quarterly2017-09-09
2016-08-04₹4.00quarterly
2015-07-29₹4.00quarterly
2014-04-16₹4.00quarterly
2013-04-10₹4.00quarterly
2012-04-12₹4.00quarterly
2011-04-20₹4.00quarterly
2010-04-15₹3.50quarterly
2009-04-08₹2.50quarterly
2008-04-03₹3.00quarterly

Styrenix Performance Materials Dividend per year

Styrenix Performance Materials Dividend growth

Styrenix Performance Materials Dividend Yield

Styrenix Performance Materials current trailing twelve-month (TTM) dividend yield is 4.14%. Interested in purchasing Styrenix Performance Materials stock? Use our calculator to estimate your expected dividend yield:

Styrenix Performance Materials Financial Ratios

P/E ratio20.62
PEG ratio2.09
P/B ratio5.76
ROE27.21%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Styrenix Performance Materials Dividend FAQ

How much is the next Styrenix Performance Materials dividend?
Styrenix Performance Materials's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Styrenix Performance Materials dividend. The next Styrenix Performance Materials dividend will be released in March, August, or October.
When is Styrenix Performance Materials dividend paid?
Styrenix Performance Materials pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, August, and October. 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 Styrenix Performance Materials pay?
The specific amount of Styrenix Performance Materials 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 Styrenix Performance Materials's dividend history.
Does Styrenix Performance Materials stock pay dividends?
Yes, Styrenix Performance Materials 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 Styrenix Performance Materials's dividend history.
How much dividend does Styrenix Performance Materials pay?
Styrenix Performance Materials paid ₹76.0 in 2024, ₹126.0 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Styrenix Performance Materials pay dividends?
Styrenix Performance Materials typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, August, and October.
What is Styrenix Performance Materials's dividend yield?
The current dividend yield for Styrenix Performance Materials is 4.14%. 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 Styrenix Performance Materials's exact dividend yield.
When does Styrenix Performance Materials go ex dividend?
Styrenix Performance Materials's ex-dividend date for the latest dividend was on 2024-08-12. Styrenix Performance Materials 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 Styrenix Performance Materials dividend paid?
Styrenix Performance Materials pays dividends on a quarterly basis, typically around March, August, or October, but the exact dates can vary each year.
Will Styrenix Performance Materials 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 Styrenix Performance Materials 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 Styrenix Performance Materials dividend per share?
Styrenix Performance Materials paid ₹76.0 per share in 2024 and ₹126.0 per share in 2023. The amount of dividend per share that Styrenix Performance Materials 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 Styrenix Performance Materials 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 Styrenix Performance Materials 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 Styrenix Performance Materials a dividend stock?
Yes, Styrenix Performance Materials is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Styrenix Performance Materials a good dividend stock?
Whether Styrenix Performance Materials is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Styrenix Performance Materials has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Styrenix Performance Materials 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 Styrenix Performance Materials pay dividends monthly?
Styrenix Performance Materials typically pays dividends on a quarterly basis.
Does Styrenix Performance Materials pay dividends quarterly?
Styrenix Performance Materials currently pays dividends on a quarterly basis.
Has Styrenix Performance Materials ever paid a dividend?
Yes, Styrenix Performance Materials has a history of paying dividends to its shareholders. Styrenix Performance Materials is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Styrenix Performance Materials dividend stocks?
To buy Styrenix Performance Materials 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 Styrenix Performance Materials 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 Styrenix Performance Materials pay dividends 2024?
Styrenix Performance Materials pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-20. 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 Styrenix Performance Materials increase its dividend in 2024?
Decisions regarding Styrenix Performance Materials 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 Styrenix Performance Materials dividend overview you can look into the above table of dividend history.
How Styrenix Performance Materials dividend works?
The Styrenix Performance Materials 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 Styrenix Performance Materials's dividend process works:

1. Determination of Dividend: Styrenix Performance Materials'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, Styrenix Performance Materials 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, Styrenix Performance Materials 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 Styrenix Performance Materials 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 Styrenix Performance Materials dividends paid?
Styrenix Performance Materials dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Styrenix Performance Materials 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, Styrenix Performance Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Styrenix Performance Materials 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 Styrenix Performance Materials pay dividends?
Styrenix Performance Materials typically pays dividends on a quarterly 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 Styrenix Performance Materials pay dividends?
The general pattern is that Styrenix Performance Materials pays dividends around March, August, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Styrenix Performance Materials dividend safe?
The safety of Styrenix Performance Materials'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 Styrenix Performance Materials'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 Styrenix Performance Materials'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.