Time Technoplast Limited, together with its subsidiaries, manufactures and markets a range of technology-based polymer and composite products in India and internationally. It operates in two segments, Polymer and Composite. The company offers industrial packaging products, including drums and containers, such as narrow mouth polycans/drums, open top drums, XL-rings, medium packing products, and classic open top drums; conipails for inks, paints and distempers, chemicals, edible oils, greases, detergents, food and food products, and lubricating oils; and intermediate bulk containers, as well as value added services. It also provides lifestyle products comprising matting products; bins; and molded furniture, such as sofas, five position reclining chairs, monoblocs, executive and baby chairs, chairs with writing desk, tables, trolleys, and stools for use in homes, hotels, restaurants, hospitals, clubs, airlines, auditoriums and tent houses, and various other institutes; and automotive components, such as 3S rain flaps, deaeration tanks/radiator tanks, fuel tanks, and air ducts. In addition, the company offers material handling products consisting of plastic returnable transit packaging and material handling solutions, stackable containers, stack-nest containers, foldable small/large containers, plastic crates and pallets, and export pallets to retail, automotive, agriculture, processed food, apparel, pharmaceutical, FMCG, consumer durables, and logistics sectors. Further, it provides composite cylinders; and infrastructure products, including HDPE and DWC pipes, and energy storage devices, as well as techpaulin bags, raincoats, bike covers, and cross laminated films; and kavach face shield. Time Technoplast Limited was incorporated in 1989 and is headquartered in Mumbai, India.
Time Technoplast Dividend Announcement
• Time Technoplast announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-20
• Time Technoplast annual dividend for 2024 was ₹2.00
• Time Technoplast annual dividend for 2023 was ₹1.25
• Time Technoplast's trailing twelve-month (TTM) dividend yield is 0.49%
• Time Technoplast's dividend growth over the last five years (2018-2023) was 9.34% year
• Time Technoplast's dividend growth over the last ten years (2013-2023) was 10.76% year
Time Technoplast Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹2.00 | annually | 2024-10-27 |
2023-09-18 | ₹1.25 | annually | 2023-10-26 |
2022-09-20 | ₹1.00 | annually | 2022-10-28 |
2021-09-21 | ₹0.70 | annually | 2021-10-29 |
2020-09-21 | ₹0.95 | annually | 2020-10-29 |
2019-09-19 | ₹0.90 | annually | 2019-10-28 |
2018-09-12 | ₹0.80 | annually | 2018-09-23 |
2017-09-21 | ₹0.65 | annually | 2017-10-29 |
2016-09-21 | ₹0.55 | annually | 2016-10-28 |
2015-09-16 | ₹0.50 | annually | 2015-10-26 |
2014-09-23 | ₹0.45 | annually | 2014-10-29 |
2013-09-17 | ₹0.45 | annually | 2013-10-25 |
Time Technoplast Dividend per year
Time Technoplast Dividend growth
Time Technoplast Dividend Yield
Time Technoplast current trailing twelve-month (TTM) dividend yield is 0.49%. Interested in purchasing Time Technoplast stock? Use our calculator to estimate your expected dividend yield:
Time Technoplast Financial Ratios
Time Technoplast Dividend FAQ
Other factors to consider when evaluating Time Technoplast 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.
Place an order: Use the brokerage's trading platform to place an order to buy Time Technoplast 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.
1. Determination of Dividend: Time Technoplast'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, Time Technoplast 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, Time Technoplast 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 Time Technoplast 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: Time Technoplast 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, Time Technoplast distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Time Technoplast 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 Time Technoplast'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 Time Technoplast'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.