The Sukhjit Starch & Chemicals Limited manufactures and distributes starch and its derivatives in India. It operates through four segments: Starch & Its Derivatives, Readymade Garments, Leasing & Hire Purchase Financing, and Manufacturing of Heavy Machinery. The company offers maize starch, monohydrate dextrose, sorbitol, anhydrous dextrose, liquid glucose, high maltose syrup, malto dextrin powder, modified starch, maize gluten, maize germ, maize oil, and maize bran. Its products are used in various industries, such as food, tobacco conditioning, injection, paper manufacturing, pharmaceuticals, bread manufacturing, cattle feed, poultry, swine and pet food, and industrial applications. The Sukhjit Starch & Chemicals Limited was founded in 1943 and is based in Phagwara, India.
Sukhjit Starch & Chemicals Dividend Announcement
• Sukhjit Starch & Chemicals announced a semi annually dividend of ₹16.00 per ordinary share which will be made payable on 2024-09-15. Ex dividend date: 2024-08-08 • Sukhjit Starch & Chemicals annual dividend for 2024 was ₹24.00 • Sukhjit Starch & Chemicals's trailing twelve-month (TTM) dividend yield is 4.09%
Sukhjit Starch & Chemicals current trailing twelve-month (TTM) dividend yield is 4.09%. Interested in purchasing Sukhjit Starch & Chemicals stock? Use our calculator to estimate your expected dividend yield:
Sukhjit Starch & Chemicals Financial Ratios
P/E ratio16.89
PEG ratio0.17
P/B ratio1.73
ROE10.59%
Payout ratio0.00%
Current ratio1.37
Quick ratio0.59
Cash Ratio0.00
Sukhjit Starch & Chemicals Dividend FAQ
How much is the next Sukhjit Starch & Chemicals dividend?
Sukhjit Starch & Chemicals's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sukhjit Starch & Chemicals dividend. The next Sukhjit Starch & Chemicals dividend will be released in .
When is Sukhjit Starch & Chemicals dividend paid?
Sukhjit Starch & Chemicals pays dividends on a semi annually basis. The specific dates may vary each year but are generally around . 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 Sukhjit Starch & Chemicals pay?
The specific amount of Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals's dividend history.
Does Sukhjit Starch & Chemicals stock pay dividends?
Yes, Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals's dividend history.
How much dividend does Sukhjit Starch & Chemicals pay?
Sukhjit Starch & Chemicals paid ₹24.0 in 2024, ₹0.0 in 2023, ₹26.0 in 2022, ₹3.0 in 2021, and ₹2.0 in 2020.
How often does Sukhjit Starch & Chemicals pay dividends?
Sukhjit Starch & Chemicals typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around .
What is Sukhjit Starch & Chemicals's dividend yield?
The current dividend yield for Sukhjit Starch & Chemicals is 4.09%. 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 Sukhjit Starch & Chemicals's exact dividend yield.
When does Sukhjit Starch & Chemicals go ex dividend?
Sukhjit Starch & Chemicals's ex-dividend date for the latest dividend was on 2024-08-08. Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals dividend paid?
Sukhjit Starch & Chemicals pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals dividend per share?
Sukhjit Starch & Chemicals paid ₹24.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals a dividend stock?
Yes, Sukhjit Starch & Chemicals is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sukhjit Starch & Chemicals a good dividend stock?
Whether Sukhjit Starch & Chemicals is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sukhjit Starch & Chemicals has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals pay dividends monthly?
Sukhjit Starch & Chemicals typically pays dividends on a semi annually basis.
Does Sukhjit Starch & Chemicals pay dividends quarterly?
Sukhjit Starch & Chemicals currently pays dividends on a semi annually basis.
Has Sukhjit Starch & Chemicals ever paid a dividend?
Yes, Sukhjit Starch & Chemicals has a history of paying dividends to its shareholders. Sukhjit Starch & Chemicals is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sukhjit Starch & Chemicals dividend stocks?
To buy Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals pay dividends 2024?
Sukhjit Starch & Chemicals pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-15. 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 Sukhjit Starch & Chemicals increase its dividend in 2024?
Decisions regarding Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals dividend overview you can look into the above table of dividend history.
How Sukhjit Starch & Chemicals dividend works?
The Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals's dividend process works:
1. Determination of Dividend: Sukhjit Starch & Chemicals'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, Sukhjit Starch & Chemicals 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, Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals dividends paid?
Sukhjit Starch & Chemicals dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sukhjit Starch & Chemicals 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, Sukhjit Starch & Chemicals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals pay dividends?
Sukhjit Starch & Chemicals typically pays dividends on a semi 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 Sukhjit Starch & Chemicals pay dividends?
The general pattern is that Sukhjit Starch & Chemicals pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sukhjit Starch & Chemicals dividend safe?
The safety of Sukhjit Starch & Chemicals'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 Sukhjit Starch & Chemicals'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 Sukhjit Starch & Chemicals'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.