The Ugar Sugar Works Limited manufactures and sells sugar, and industrial and potable alcohol primarily in India. The company offers white crystal sugar and its byproducts, including bagasse, filter cake, and final molasses. It also provides various distillery products, such as Indian made liquor (IML) products under the Old Castle Premium Whisky, U.S. Whisky, U.S. Brandy, U.S. Gin, Ugar XXX Rum, Gokak Falls Whisky, Milan Whisky, Hawk Gin, and Gagarin Vodka brands; ethanol; rectified spirit; malt spirit; and extra neutral alcohol. In addition, the company offers distillery byproducts comprising fermentation sludge, which is used in poultry feeds; fusel oil that is used in amyl alcohols/perfumes; and carbon dioxide for industrial purpose, as well as low grade potash, which is used in crops primarily sugarcane crop. Further, it generates and distributes electricity; and provides confectionery products. The company also exports its products. The Ugar Sugar Works Limited was incorporated in 1939 and is based in Belgaum, India.
Ugar Sugar Works Dividend Announcement
• Ugar Sugar Works announced a annually dividend of ₹0.25 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-07-26
• Ugar Sugar Works annual dividend for 2024 was ₹0.25
• Ugar Sugar Works annual dividend for 2023 was ₹0.50
• Ugar Sugar Works's trailing twelve-month (TTM) dividend yield is 0.33%
Ugar Sugar Works Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | ₹0.25 | annually | 2024-09-12 |
2023-07-28 | ₹0.50 | annually | 2023-09-09 |
2022-09-01 | ₹0.25 | annually | 2022-10-15 |
2021-09-08 | ₹0.20 | annually | 2021-10-20 |
2020-09-10 | ₹0.10 | annually | 2020-10-23 |
2017-09-14 | ₹0.20 | annually | 2017-10-25 |
2016-09-08 | ₹0.25 | annually | 2016-10-23 |
2013-09-05 | ₹0.20 | annually | 2013-10-19 |
2012-07-19 | ₹0.25 | annually | 2012-09-03 |
Ugar Sugar Works Dividend per year
Ugar Sugar Works Dividend growth
Ugar Sugar Works Dividend Yield
Ugar Sugar Works current trailing twelve-month (TTM) dividend yield is 0.33%. Interested in purchasing Ugar Sugar Works stock? Use our calculator to estimate your expected dividend yield:
Ugar Sugar Works Financial Ratios
Ugar Sugar Works Dividend FAQ
Other factors to consider when evaluating Ugar Sugar Works 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: Ugar Sugar Works'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, Ugar Sugar Works 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, Ugar Sugar Works 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 Ugar Sugar Works 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: Ugar Sugar Works 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, Ugar Sugar Works distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ugar Sugar Works 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 Ugar Sugar Works'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 Ugar Sugar Works'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.