Vardhman Acrylics Limited manufactures and supplies acrylic fibers and tows in India. Its products are used in apparels and house-hold products. The company provides its products under the VARLAN brand name. Vardhman Acrylics Limited was incorporated in 1990 and is based in Ludhiana, India. Vardhman Acrylics Limited is a subsidiary of Vardhman Textiles Limited.
Vardhman Acrylics Dividend Announcement
• Vardhman Acrylics announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-09-06 • Vardhman Acrylics annual dividend for 2024 was ₹2.00 • Vardhman Acrylics annual dividend for 2023 was ₹2.50 • Vardhman Acrylics's trailing twelve-month (TTM) dividend yield is 3.65%
Vardhman Acrylics current trailing twelve-month (TTM) dividend yield is 3.65%. Interested in purchasing Vardhman Acrylics stock? Use our calculator to estimate your expected dividend yield:
Vardhman Acrylics Financial Ratios
P/E ratio26.75
PEG ratio4.00
P/B ratio1.93
ROE6.92%
Payout ratio0.00%
Current ratio2.33
Quick ratio1.32
Cash Ratio0.04
Vardhman Acrylics Dividend FAQ
How much is the next Vardhman Acrylics dividend?
Vardhman Acrylics's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Vardhman Acrylics dividend. The next Vardhman Acrylics dividend will be released in September.
When is Vardhman Acrylics dividend paid?
Vardhman Acrylics pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Vardhman Acrylics pay?
The specific amount of Vardhman Acrylics 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 Vardhman Acrylics's dividend history.
Does Vardhman Acrylics stock pay dividends?
Yes, Vardhman Acrylics 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 Vardhman Acrylics's dividend history.
How much dividend does Vardhman Acrylics pay?
Vardhman Acrylics paid ₹2.0 in 2024, ₹2.5 in 2023, ₹0.0 in 2022, ₹25.0 in 2021, and ₹0.0 in 2020.
How often does Vardhman Acrylics pay dividends?
Vardhman Acrylics 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 September.
What is Vardhman Acrylics's dividend yield?
The current dividend yield for Vardhman Acrylics is 3.65%. 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 Vardhman Acrylics's exact dividend yield.
When does Vardhman Acrylics go ex dividend?
Vardhman Acrylics's ex-dividend date for the latest dividend was on 2024-09-06. Vardhman Acrylics 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 Vardhman Acrylics dividend paid?
Vardhman Acrylics pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Vardhman Acrylics 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 Vardhman Acrylics 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 Vardhman Acrylics dividend per share?
Vardhman Acrylics paid ₹2.0 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that Vardhman Acrylics 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 Vardhman Acrylics 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 Vardhman Acrylics 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 Vardhman Acrylics a dividend stock?
Yes, Vardhman Acrylics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Vardhman Acrylics a good dividend stock?
Whether Vardhman Acrylics is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Vardhman Acrylics has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Vardhman Acrylics 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 Vardhman Acrylics pay dividends monthly?
Vardhman Acrylics typically pays dividends on a annually basis.
Does Vardhman Acrylics pay dividends quarterly?
Vardhman Acrylics currently pays dividends on a annually basis.
Has Vardhman Acrylics ever paid a dividend?
Yes, Vardhman Acrylics has a history of paying dividends to its shareholders. Vardhman Acrylics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Vardhman Acrylics dividend stocks?
To buy Vardhman Acrylics 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 Vardhman Acrylics 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 Vardhman Acrylics pay dividends 2024?
Vardhman Acrylics pays dividends on a annually basis. 2024 dividend payments are in 2024-09-06. 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 Vardhman Acrylics increase its dividend in 2024?
Decisions regarding Vardhman Acrylics 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 Vardhman Acrylics dividend overview you can look into the above table of dividend history.
How Vardhman Acrylics dividend works?
The Vardhman Acrylics 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 Vardhman Acrylics's dividend process works:
1. Determination of Dividend: Vardhman Acrylics'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, Vardhman Acrylics 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, Vardhman Acrylics 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 Vardhman Acrylics 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 Vardhman Acrylics dividends paid?
Vardhman Acrylics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Vardhman Acrylics 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, Vardhman Acrylics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vardhman Acrylics 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 Vardhman Acrylics pay dividends?
Vardhman Acrylics 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 Vardhman Acrylics pay dividends?
The general pattern is that Vardhman Acrylics pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Vardhman Acrylics dividend safe?
The safety of Vardhman Acrylics'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 Vardhman Acrylics'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 Vardhman Acrylics'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.