The United Nilgiri Tea Estates Company Limited engages in growing, manufacturing, and selling teas in India. It offers black, special, green, herbal, and gift teas. The company is also involved in letting-out of properties. It also exports its products to Australia, Congo, Canada, Germany, the Netherlands, Denmark, Finland, Japan, the United States, and the United Kingdom. The company was incorporated in 1922 and is based in Coimbatore, India.
United Nilgiri Tea Estates Dividend Announcement
• United Nilgiri Tea Estates announced a semi annually dividend of ₹1.70 per ordinary share which will be made payable on 2024-10-06. Ex dividend date: 2024-08-30
• United Nilgiri Tea Estates annual dividend for 2024 was ₹2.70
• United Nilgiri Tea Estates annual dividend for 2023 was ₹2.70
• United Nilgiri Tea Estates's trailing twelve-month (TTM) dividend yield is 0.55%
• United Nilgiri Tea Estates's dividend growth over the last ten years (2013-2023) was -1.99% year
United Nilgiri Tea Estates Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | ₹1.70 | semi annually | 2024-10-06 |
2024-02-28 | ₹1.00 | semi annually | 2024-03-10 |
2023-07-14 | ₹1.70 | semi annually | 2023-07-14 |
2023-04-06 | ₹1.00 | semi annually | 2023-04-29 |
2022-08-01 | ₹1.00 | semi annually | 2022-08-10 |
2022-03-24 | ₹1.00 | semi annually | 2022-04-15 |
2021-08-05 | ₹1.70 | semi annually | 2021-08-14 |
2021-03-25 | ₹1.00 | semi annually | 2021-04-15 |
2020-07-30 | ₹1.70 | semi annually | 2020-09-06 |
2020-03-24 | ₹1.00 | semi annually | 2020-04-15 |
2019-07-11 | ₹1.70 | semi annually | 2019-08-19 |
2019-03-25 | ₹1.00 | semi annually | 2019-04-14 |
2018-07-26 | ₹1.70 | semi annually | 2018-09-05 |
2018-03-23 | ₹1.00 | semi annually | 2018-04-14 |
2017-07-27 | ₹1.70 | semi annually | 2017-09-03 |
2017-03-30 | ₹1.00 | semi annually | 2017-04-21 |
2016-06-29 | ₹1.70 | semi annually | 2016-08-08 |
2016-04-07 | ₹1.00 | semi annually | 2016-04-29 |
2015-07-27 | ₹1.70 | semi annually | 2015-09-03 |
2015-04-08 | ₹1.00 | semi annually | 2015-04-24 |
2014-09-03 | ₹1.70 | semi annually | 2014-10-19 |
2014-04-11 | ₹1.00 | semi annually | 2014-05-01 |
2013-07-30 | ₹1.30 | semi annually | 2013-09-07 |
2013-02-27 | ₹1.00 | semi annually | 2013-03-09 |
2013-02-06 | ₹1.00 | semi annually |
United Nilgiri Tea Estates Dividend per year
United Nilgiri Tea Estates Dividend growth
United Nilgiri Tea Estates Dividend Yield
United Nilgiri Tea Estates current trailing twelve-month (TTM) dividend yield is 0.55%. Interested in purchasing United Nilgiri Tea Estates stock? Use our calculator to estimate your expected dividend yield:
United Nilgiri Tea Estates Financial Ratios
United Nilgiri Tea Estates Dividend FAQ
Other factors to consider when evaluating United Nilgiri Tea Estates 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: United Nilgiri Tea Estates'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, United Nilgiri Tea Estates 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, United Nilgiri Tea Estates 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 United Nilgiri Tea Estates 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: United Nilgiri Tea Estates 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, United Nilgiri Tea Estates distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: United Nilgiri Tea Estates 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 United Nilgiri Tea Estates'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 United Nilgiri Tea Estates'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.