UltraTech Cement Limited, together with its subsidiaries, manufactures and sells cement and cement related products in India. It offers ordinary Portland cement, Portland blast furnace slag cement, Portland Pozzolana cement, white cement, and white cement-based products; and ready-mix concrete. The company also provides Tile Adhesive polymer under TILEFIXO, FLEX, HIFLEX,MYKROFILL, Seal & Dry water proofing products for kitchen balconies, chajjas, slope roofs, bathrooms, canal linings, swimming pools, and water tanks; Power Grout, an industrial grout for machine foundation, precast elements, and safety vaults; Readi Plast and Super Stucco, a plastering agent for internal and external walls; as well as liquid system for mortar and concrete modifier, repair mortars and concrete under the name of Basekrete and Microkrete. In addition, the company offers bed jointing material for AAC block, Fly Ash Bricks, and concrete blocks, and light weight block for masonry construction, and flooring screeds. Further, the company offers construction products for home builders; and value-added services that include technical advice during concreting, vaastu consultancy, various training programs, and other related services. UltraTech Cement Limited exports its products to the United Arab Emirates, Bahrain, and Sri Lanka. The company was incorporated in 2000 and is based in Mumbai, India. UltraTech Cement Limited operates as a subsidiary of Grasim Industries Limited.
UltraTech Cement Dividend Announcement
• UltraTech Cement announced a annually dividend of ₹70.00 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-07-30
• UltraTech Cement annual dividend for 2024 was ₹70.00
• UltraTech Cement annual dividend for 2023 was ₹38.00
• UltraTech Cement's trailing twelve-month (TTM) dividend yield is 0.59%
• UltraTech Cement's dividend growth over the last five years (2018-2023) was 29.34% year
• UltraTech Cement's dividend growth over the last ten years (2013-2023) was 15.49% year
UltraTech Cement Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-30 | ₹70.00 | annually | 2024-09-13 |
| 2023-07-27 | ₹38.00 | annually | 2023-09-10 |
| 2022-08-02 | ₹38.00 | annually | 2022-09-16 |
| 2021-08-02 | ₹37.00 | annually | 2021-09-17 |
| 2020-07-29 | ₹13.00 | annually | 2020-09-11 |
| 2019-07-10 | ₹11.50 | annually | 2019-08-17 |
| 2018-07-10 | ₹10.50 | annually | 2018-08-17 |
| 2017-07-10 | ₹10.00 | annually | 2017-08-17 |
| 2016-07-04 | ₹9.50 | annually | 2016-08-18 |
| 2015-08-14 | ₹9.00 | annually | 2015-09-27 |
| 2014-07-24 | ₹9.00 | annually | 2014-09-05 |
| 2013-07-17 | ₹9.00 | annually | 2013-08-28 |
UltraTech Cement Dividend per year
UltraTech Cement Dividend growth
UltraTech Cement Dividend Yield
UltraTech Cement current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing UltraTech Cement stock? Use our calculator to estimate your expected dividend yield:
UltraTech Cement Financial Ratios
P/E ratio52.13
PEG ratio-5.97
P/B ratio5.57
ROE11.01%
Payout ratio0.00%
Current ratio0.84
Quick ratio0.52
Cash Ratio0.01
UltraTech Cement Dividend FAQ
How much is the next UltraTech Cement dividend?
UltraTech Cement's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next UltraTech Cement dividend. The next UltraTech Cement dividend will be released in July.
When is UltraTech Cement dividend paid?
UltraTech Cement pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does UltraTech Cement pay?
The specific amount of UltraTech Cement dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find UltraTech Cement's dividend history.
Does UltraTech Cement stock pay dividends?
Yes, UltraTech Cement does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find UltraTech Cement's dividend history.
How much dividend does UltraTech Cement pay?
UltraTech Cement paid ₹70.0 in 2024, ₹38.0 in 2023, ₹38.0 in 2022, ₹37.0 in 2021, and ₹13.0 in 2020.
How often does UltraTech Cement pay dividends?
UltraTech Cement typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is UltraTech Cement's dividend yield?
The current dividend yield for UltraTech Cement is 0.59%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate UltraTech Cement's exact dividend yield.
When does UltraTech Cement go ex dividend?
UltraTech Cement's ex-dividend date for the latest dividend was on 2024-07-30. UltraTech Cement typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next UltraTech Cement dividend paid?
UltraTech Cement pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will UltraTech Cement increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether UltraTech Cement will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is UltraTech Cement dividend per share?
UltraTech Cement paid ₹70.0 per share in 2024 and ₹38.0 per share in 2023. The amount of dividend per share that UltraTech Cement pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is UltraTech Cement a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is UltraTech Cement a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is UltraTech Cement a dividend stock?
Yes, UltraTech Cement is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is UltraTech Cement a good dividend stock?
Whether UltraTech Cement is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. UltraTech Cement has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating UltraTech Cement 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.
Other factors to consider when evaluating UltraTech Cement 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.
Does UltraTech Cement pay dividends monthly?
UltraTech Cement typically pays dividends on a annually basis.
Does UltraTech Cement pay dividends quarterly?
UltraTech Cement currently pays dividends on a annually basis.
Has UltraTech Cement ever paid a dividend?
Yes, UltraTech Cement has a history of paying dividends to its shareholders. UltraTech Cement is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy UltraTech Cement dividend stocks?
To buy UltraTech Cement you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy UltraTech Cement 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.
Place an order: Use the brokerage's trading platform to place an order to buy UltraTech Cement 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.
When does UltraTech Cement pay dividends 2024?
UltraTech Cement pays dividends on a annually basis. 2024 dividend payments are in 2024-09-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will UltraTech Cement increase its dividend in 2024?
Decisions regarding UltraTech Cement dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date UltraTech Cement dividend overview you can look into the above table of dividend history.
How UltraTech Cement dividend works?
The UltraTech Cement dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how UltraTech Cement's dividend process works:
1. Determination of Dividend: UltraTech Cement'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, UltraTech Cement 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, UltraTech Cement 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 UltraTech Cement 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. Determination of Dividend: UltraTech Cement'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, UltraTech Cement 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, UltraTech Cement 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 UltraTech Cement 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.
How are UltraTech Cement dividends paid?
UltraTech Cement dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: UltraTech Cement 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, UltraTech Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: UltraTech Cement 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.
1. Record Date: UltraTech Cement 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, UltraTech Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: UltraTech Cement 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.
How many times does UltraTech Cement pay dividends?
UltraTech Cement typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does UltraTech Cement pay dividends?
The general pattern is that UltraTech Cement pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is UltraTech Cement dividend safe?
The safety of UltraTech Cement's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of UltraTech Cement'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 UltraTech Cement'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.
To assess the safety of UltraTech Cement'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 UltraTech Cement'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.