Visaka Industries Limited manufactures and sells corrugated cement fiber sheets in India and internationally. It operates through two segments, Building Products and Synthetic Yarn. The company offers cement roofing sheets, such as close-fitting adjustable ridges, apron pieces, cladding/walling, north light ridges, barge boards, north light curves, serrated adjustable ridges, roof lights, and ridge finials. It also provides V-Board, V-Premium, V-Designer, V-Plank, V-Infill, and V-Panel for various applications, such as wall paneling, dry walls, partitions, false ceilings, mezzanine flooring, roof underlay, kitchen cabinets, shelves, external cladding, sidings, façades, gates cladding, and soffits; and ATUM, an integrated solar roo?ng system. In addition, the company offers cotton-touch air-jet-spun polyester yarns; and mélange, twist, and specialty yarns. It markets its building products directly to retailers. Visaka Industries Limited was incorporated in 1981 and is based in Secunderabad, India.
Visaka Industries Dividend Announcement
• Visaka Industries announced a semi annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-08-14. Ex dividend date: 2024-06-14
• Visaka Industries annual dividend for 2024 was ₹0.50
• Visaka Industries annual dividend for 2023 was ₹7.60
• Visaka Industries's trailing twelve-month (TTM) dividend yield is 0.49%
• Visaka Industries's dividend growth over the last five years (2018-2023) was 1.66% year
• Visaka Industries's dividend growth over the last ten years (2013-2023) was 8.06% year
Visaka Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ₹0.50 | semi annually | 2024-08-14 |
2023-06-15 | ₹0.60 | semi annually | 2023-08-06 |
2023-04-12 | ₹7.00 | semi annually | 2023-05-01 |
2022-05-26 | ₹8.00 | semi annually | 2022-07-15 |
2022-01-31 | ₹7.00 | semi annually | 2022-02-21 |
2021-05-18 | ₹10.00 | semi annually | 2021-06-14 |
2021-02-08 | ₹5.00 | semi annually | 2021-02-27 |
2020-03-20 | ₹5.00 | semi annually | 2020-03-29 |
2020-02-18 | ₹10.00 | semi annually | 2020-03-08 |
2019-07-19 | ₹35.00 | semi annually | |
2019-06-20 | ₹7.00 | semi annually | 2019-07-27 |
2018-06-07 | ₹7.00 | semi annually | 2018-07-12 |
2017-06-14 | ₹6.00 | semi annually | 2017-07-20 |
2016-07-18 | ₹2.00 | semi annually | |
2016-03-17 | ₹3.00 | semi annually | 2016-04-10 |
2015-07-16 | ₹5.00 | semi annually | 2015-08-24 |
2014-07-16 | ₹2.50 | semi annually | |
2013-06-21 | ₹3.50 | semi annually | 2013-07-29 |
Visaka Industries Dividend per year
Visaka Industries Dividend growth
Visaka Industries Dividend Yield
Visaka Industries current trailing twelve-month (TTM) dividend yield is 0.49%. Interested in purchasing Visaka Industries stock? Use our calculator to estimate your expected dividend yield:
Visaka Industries Financial Ratios
Visaka Industries Dividend FAQ
Other factors to consider when evaluating Visaka Industries 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: Visaka Industries'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, Visaka Industries 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, Visaka Industries 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 Visaka Industries 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: Visaka Industries 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, Visaka Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Visaka Industries 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 Visaka Industries'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 Visaka Industries'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.