Vikram Thermo (India) Ltd. engages in the discovery, development, manufacturing, and marketing of pharmaceutical coating polymers and chemical products. It operates through India and Rest of the World geographical segments. The firm's products include Pharma Polymers and Diphenyl Oxide. The company was founded by Dhirajlal Karsandas Patel in 1984 and is headquartered in Ahmedabad, India.
Vikram Thermo Dividend Announcement
• Vikram Thermo announced a annually dividend of ₹0.75 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23 • Vikram Thermo annual dividend for 2024 was ₹0.75 • Vikram Thermo annual dividend for 2023 was ₹0.50 • Vikram Thermo's trailing twelve-month (TTM) dividend yield is 0.42% • Vikram Thermo's dividend growth over the last ten years (2013-2023) was -10.40% year
Vikram Thermo current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing Vikram Thermo stock? Use our calculator to estimate your expected dividend yield:
Vikram Thermo Financial Ratios
P/E ratio104.23
PEG ratio1.04
P/B ratio5.28
ROE6.64%
Payout ratio0.00%
Current ratio3.86
Quick ratio3.35
Cash Ratio0.08
Vikram Thermo Dividend FAQ
How much is the next Vikram Thermo dividend?
Vikram Thermo's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Vikram Thermo dividend. The next Vikram Thermo dividend will be released in September.
When is Vikram Thermo dividend paid?
Vikram Thermo 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 Vikram Thermo pay?
The specific amount of Vikram Thermo 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 Vikram Thermo's dividend history.
Does Vikram Thermo stock pay dividends?
Yes, Vikram Thermo 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 Vikram Thermo's dividend history.
How much dividend does Vikram Thermo pay?
Vikram Thermo paid ₹0.75 in 2024, ₹0.5 in 2023, ₹0.3 in 2022, ₹1.5 in 2021, and ₹1.5 in 2020.
How often does Vikram Thermo pay dividends?
Vikram Thermo 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 Vikram Thermo's dividend yield?
The current dividend yield for Vikram Thermo is 0.42%. 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 Vikram Thermo's exact dividend yield.
When does Vikram Thermo go ex dividend?
Vikram Thermo's ex-dividend date for the latest dividend was on 2024-09-23. Vikram Thermo 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 Vikram Thermo dividend paid?
Vikram Thermo pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Vikram Thermo 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 Vikram Thermo 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 Vikram Thermo dividend per share?
Vikram Thermo paid ₹0.75 per share in 2024 and ₹0.5 per share in 2023. The amount of dividend per share that Vikram Thermo 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 Vikram Thermo 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 Vikram Thermo 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 Vikram Thermo a dividend stock?
Yes, Vikram Thermo is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Vikram Thermo a good dividend stock?
Whether Vikram Thermo is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Vikram Thermo has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Vikram Thermo 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 Vikram Thermo pay dividends monthly?
Vikram Thermo typically pays dividends on a annually basis.
Does Vikram Thermo pay dividends quarterly?
Vikram Thermo currently pays dividends on a annually basis.
Has Vikram Thermo ever paid a dividend?
Yes, Vikram Thermo has a history of paying dividends to its shareholders. Vikram Thermo is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Vikram Thermo dividend stocks?
To buy Vikram Thermo 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 Vikram Thermo 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 Vikram Thermo pay dividends 2024?
Vikram Thermo pays dividends on a annually basis. 2024 dividend payments are in 2024-10-30. 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 Vikram Thermo increase its dividend in 2024?
Decisions regarding Vikram Thermo 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 Vikram Thermo dividend overview you can look into the above table of dividend history.
How Vikram Thermo dividend works?
The Vikram Thermo 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 Vikram Thermo's dividend process works:
1. Determination of Dividend: Vikram Thermo'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, Vikram Thermo 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, Vikram Thermo 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 Vikram Thermo 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 Vikram Thermo dividends paid?
Vikram Thermo dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Vikram Thermo 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, Vikram Thermo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vikram Thermo 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 Vikram Thermo pay dividends?
Vikram Thermo 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 Vikram Thermo pay dividends?
The general pattern is that Vikram Thermo 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 Vikram Thermo dividend safe?
The safety of Vikram Thermo'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 Vikram Thermo'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 Vikram Thermo'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.