Thangamayil Jewellery Limited operates a chain of retail jewelry stores in India. The company offers gold, diamond, silver, and platinum jewelries, as well as silver articles and gold coins. It is also involved in the manufacture and sale of jewelry, and other accessories and products. As of March 31, 2022, the company operated 52 retail outlets and a manufacturing and assembly facility in Tamil Nadu. It also provides its products through online. Thangamayil Jewellery Limited was founded in 1947 and is headquartered in Madurai, India.
Thangamayil Jewellery Dividend Announcement
• Thangamayil Jewellery announced a quarterly dividend of ₹6.00 per ordinary share which will be made payable on 2024-08-20. Ex dividend date: 2024-07-18
• Thangamayil Jewellery annual dividend for 2024 was ₹10.00
• Thangamayil Jewellery annual dividend for 2023 was ₹24.00
• Thangamayil Jewellery's trailing twelve-month (TTM) dividend yield is 0.51%
• Thangamayil Jewellery's dividend growth over the last five years (2018-2023) was 46.97% year
• Thangamayil Jewellery's dividend growth over the last ten years (2013-2023) was 16.98% year
Thangamayil Jewellery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ₹6.00 | quarterly | 2024-08-20 |
2024-02-12 | ₹4.00 | quarterly | |
2023-07-17 | ₹12.00 | quarterly | |
2023-06-27 | ₹6.00 | quarterly | 2023-07-25 |
2023-02-01 | ₹6.00 | quarterly | 2023-02-20 |
2022-07-27 | ₹5.00 | quarterly | 2022-08-25 |
2022-02-03 | ₹5.00 | quarterly | 2022-02-20 |
2021-08-17 | ₹4.00 | quarterly | 2021-09-15 |
2021-03-09 | ₹6.00 | quarterly | 2021-04-01 |
2020-03-23 | ₹5.00 | quarterly | 2020-03-31 |
2019-07-24 | ₹5.00 | quarterly | 2019-08-15 |
2018-07-24 | ₹3.50 | quarterly | 2018-08-15 |
2017-07-18 | ₹2.00 | quarterly | 2017-08-04 |
2016-07-19 | ₹1.00 | quarterly | |
2015-07-20 | ₹1.00 | quarterly | 2015-08-05 |
2014-07-17 | ₹1.00 | quarterly | 2014-08-03 |
2013-07-12 | ₹5.00 | quarterly | 2013-08-03 |
Thangamayil Jewellery Dividend per year
Thangamayil Jewellery Dividend growth
Thangamayil Jewellery Dividend Yield
Thangamayil Jewellery current trailing twelve-month (TTM) dividend yield is 0.51%. Interested in purchasing Thangamayil Jewellery stock? Use our calculator to estimate your expected dividend yield:
Thangamayil Jewellery Financial Ratios
Thangamayil Jewellery Dividend FAQ
Other factors to consider when evaluating Thangamayil Jewellery 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: Thangamayil Jewellery'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, Thangamayil Jewellery 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, Thangamayil Jewellery 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 Thangamayil Jewellery 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: Thangamayil Jewellery 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, Thangamayil Jewellery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Thangamayil Jewellery 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 Thangamayil Jewellery'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 Thangamayil Jewellery'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.