Supreme Petrochem Limited manufactures and sells polystyrene, expandable polystyrene, specialty polymers and compounds, styrene methyl methacrylate, and extruded polystyrene foam boards (XPS) in India and internationally. It provides general purpose, high impact, and expandable polystyrene products; white, black, color, additive, and performance/nucleating masterbatches and compounds of styrenics and other polymers; styrene methyl methacrylate for household, molding, sheet extrusion, and extrusion profiles applications; and XPS INSUboard. The company exports its products to approximately 100 countries. Supreme Petrochem Limited was incorporated in 1989 and is based in Mumbai, India.
Supreme Petrochem Dividend Announcement
• Supreme Petrochem announced a semi annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-11-20. Ex dividend date: 2024-10-31
• Supreme Petrochem annual dividend for 2024 was ₹9.50
• Supreme Petrochem annual dividend for 2023 was ₹9.00
• Supreme Petrochem's trailing twelve-month (TTM) dividend yield is 1.33%
• Supreme Petrochem's dividend growth over the last five years (2018-2023) was 51.57% year
• Supreme Petrochem's dividend growth over the last ten years (2013-2023) was 30.57% year
Supreme Petrochem Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | ₹2.50 | semi annually | 2024-11-20 |
2024-06-27 | ₹7.00 | semi annually | 2024-08-03 |
2023-11-08 | ₹2.00 | semi annually | 2023-11-22 |
2023-06-27 | ₹7.00 | semi annually | 2023-08-03 |
2022-11-07 | ₹1.00 | semi annually | 2022-11-26 |
2022-07-22 | ₹3.50 | semi annually | 2022-09-01 |
2022-04-07 | ₹1.50 | semi annually | 2022-07-01 |
2021-11-02 | ₹1.00 | semi annually | 2021-11-19 |
2021-06-25 | ₹3.12 | semi annually | 2021-07-31 |
2020-11-05 | ₹0.62 | semi annually | 2020-11-22 |
2020-09-14 | ₹0.38 | semi annually | 2020-10-18 |
2019-10-31 | ₹0.75 | semi annually | 2019-11-21 |
2019-07-08 | ₹0.50 | semi annually | 2019-08-11 |
2018-11-05 | ₹0.25 | semi annually | 2018-11-25 |
2018-07-12 | ₹0.88 | semi annually | 2018-08-17 |
2017-11-02 | ₹0.25 | semi annually | 2017-11-25 |
2017-07-06 | ₹0.88 | semi annually | 2017-08-11 |
2016-11-01 | ₹0.25 | semi annually | |
2016-03-22 | ₹0.38 | semi annually | |
2015-09-16 | ₹0.38 | semi annually | |
2014-09-17 | ₹0.38 | semi annually | |
2013-10-14 | ₹0.62 | semi annually |
Supreme Petrochem Dividend per year
Supreme Petrochem Dividend growth
Supreme Petrochem Dividend Yield
Supreme Petrochem current trailing twelve-month (TTM) dividend yield is 1.33%. Interested in purchasing Supreme Petrochem stock? Use our calculator to estimate your expected dividend yield:
Supreme Petrochem Financial Ratios
Supreme Petrochem Dividend FAQ
Other factors to consider when evaluating Supreme Petrochem 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: Supreme Petrochem'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, Supreme Petrochem 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, Supreme Petrochem 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 Supreme Petrochem 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: Supreme Petrochem 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, Supreme Petrochem distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Supreme Petrochem 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 Supreme Petrochem'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 Supreme Petrochem'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.