Tide Water Oil Co. (India) Limited manufactures and markets lubricants under the Veedol brand in India and internationally. The company provides engine oils for passenger cars, two/three wheelers, heavy commercial vehicles, off-highway vehicles, buses, and tractors; gear oils, transmission oils, coolants, brake oils, and greases for various automotive applications; and automotive after care products. It also offers specialties, including vehicle sanitization and care products; and a wide range of industrial lubricants comprising machinery, spindle, turbine, hydraulic and circulation, heavy-duty hydraulic, compressor, refrigeration, steam cylinder, industrial gear, non-drip, mill roll, and other oils, as well as metal working and thermic fluids; and cardium compounds. In addition, the company generates wind power. Its distribution network consists of approximately 500 direct distributors and dealers servicing 50,000 retail outlets and workshops. Tide Water Oil Co. (India) Limited was incorporated in 1921 and is based in Kolkata, India.
Tide Water Oil Dividend Announcement
• Tide Water Oil announced a quarterly dividend of ₹20.00 per ordinary share which will be made payable on 2024-09-22. Ex dividend date: 2024-07-04
• Tide Water Oil annual dividend for 2024 was ₹32.00
• Tide Water Oil annual dividend for 2023 was ₹45.00
• Tide Water Oil's trailing twelve-month (TTM) dividend yield is 1.5%
• Tide Water Oil's dividend growth over the last five years (2018-2023) was -8.46% year
• Tide Water Oil's dividend growth over the last ten years (2013-2023) was 4.14% year
Tide Water Oil Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | ₹20.00 | quarterly | 2024-09-22 |
2024-02-22 | ₹12.00 | quarterly | 2024-03-14 |
2023-11-21 | ₹20.00 | quarterly | 2023-12-11 |
2023-07-04 | ₹15.00 | quarterly | 2023-09-22 |
2023-02-22 | ₹10.00 | quarterly | 2023-03-15 |
2022-11-21 | ₹12.00 | quarterly | 2022-12-14 |
2022-08-22 | ₹5.00 | quarterly | 2022-09-11 |
2022-07-01 | ₹15.00 | quarterly | 2022-09-23 |
2022-02-21 | ₹20.00 | quarterly | 2022-03-15 |
2021-11-22 | ₹20.00 | quarterly | 2021-12-12 |
2021-07-19 | ₹16.00 | quarterly | 2021-10-07 |
2020-11-23 | ₹40.00 | quarterly | 2020-12-13 |
2020-08-20 | ₹56.00 | quarterly | 2020-09-27 |
2020-02-24 | ₹24.00 | quarterly | 2020-03-15 |
2019-11-21 | ₹20.00 | quarterly | 2019-12-14 |
2019-08-22 | ₹30.00 | quarterly | 2019-09-29 |
2019-03-22 | ₹34.00 | quarterly | 2019-04-13 |
2018-11-19 | ₹30.00 | quarterly | 2018-12-12 |
2018-08-06 | ₹40.00 | quarterly | 2018-09-13 |
2017-11-20 | ₹30.00 | quarterly | 2017-12-13 |
2017-07-18 | ₹40.00 | quarterly | 2017-08-25 |
2016-12-06 | ₹20.00 | quarterly | 2016-12-25 |
2016-09-20 | ₹35.00 | quarterly | 2016-10-22 |
2015-11-10 | ₹30.00 | quarterly | 2015-12-02 |
2015-07-14 | ₹50.00 | quarterly | 2015-08-21 |
2014-11-20 | ₹20.00 | quarterly | 2015-02-01 |
2014-08-21 | ₹40.00 | quarterly | |
2013-08-08 | ₹30.00 | quarterly | 2013-09-19 |
Tide Water Oil Dividend per year
Tide Water Oil Dividend growth
Tide Water Oil Dividend Yield
Tide Water Oil current trailing twelve-month (TTM) dividend yield is 1.5%. Interested in purchasing Tide Water Oil stock? Use our calculator to estimate your expected dividend yield:
Tide Water Oil Financial Ratios
Tide Water Oil Dividend FAQ
Other factors to consider when evaluating Tide Water Oil 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: Tide Water Oil'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, Tide Water Oil 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, Tide Water Oil 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 Tide Water Oil 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: Tide Water Oil 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, Tide Water Oil distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tide Water Oil 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 Tide Water Oil'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 Tide Water Oil'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.