TPL Plastech Ltd. is a holding company, which engages in the manufacture of plastic and polymer products. The company is headquartered in Mumbai, Maharashtra. The firm's segment includes polymer products and all its business operations are in India. The firm offers narrow mouth drums of 210, 235 and 250 liters capacity. The company offers narrow mouth and wide mouth carboys with capacities of 25 and 35 liters narrow mouth, 50 liters rocket type, 50 liters wide mouth, 50 liters two opening, 100 liters narrow mouth and 100 liters wide mouth. The firm provides open top drums-bulk and medium with capacities of 35, 50, 60, 210 and 235 liters. The company also offers polyethylene (PE) pipes in various material grades, PE-63, PE-80 and PE-100, in range of 20 millimeter outer diameter (OD) to 280 millimeter OD. The firm's PE pipes are used in applications, such as portable water services or distribution lines, sewerage and drainage, cable ducting, natural gas distribution, irrigation, waste disposal, industrial application and offshore pipeline installation.
TPL Plastech Dividend Announcement
• TPL Plastech announced a annually dividend of ₹0.80 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-17
• TPL Plastech annual dividend for 2024 was ₹0.80
• TPL Plastech annual dividend for 2023 was ₹0.60
• TPL Plastech's trailing twelve-month (TTM) dividend yield is 0.8%
• TPL Plastech's dividend growth over the last five years (2018-2023) was -29.72% year
TPL Plastech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ₹0.80 | annually | 2024-10-24 |
2023-09-14 | ₹0.60 | annually | 2023-10-21 |
2022-09-20 | ₹2.00 | annually | 2022-10-28 |
2021-09-01 | ₹3.50 | annually | 2021-10-09 |
2020-09-21 | ₹3.50 | annually | 2020-10-29 |
2019-09-19 | ₹3.50 | annually | 2019-10-28 |
2018-09-12 | ₹3.50 | annually | 2018-10-22 |
2017-09-21 | ₹3.00 | annually | 2017-10-29 |
2016-09-21 | ₹2.50 | annually | 2016-10-28 |
2015-09-16 | ₹2.00 | annually | 2015-10-26 |
TPL Plastech Dividend per year
TPL Plastech Dividend growth
TPL Plastech Dividend Yield
TPL Plastech current trailing twelve-month (TTM) dividend yield is 0.8%. Interested in purchasing TPL Plastech stock? Use our calculator to estimate your expected dividend yield:
TPL Plastech Financial Ratios
TPL Plastech Dividend FAQ
Other factors to consider when evaluating TPL Plastech 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: TPL Plastech'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, TPL Plastech 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, TPL Plastech 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 TPL Plastech 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: TPL Plastech 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, TPL Plastech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TPL Plastech 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 TPL Plastech'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 TPL Plastech'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.