Vishnu Chemicals Limited manufactures and markets chromium and barium chemicals in India. The company offers chrome chemicals, such as sodium dichromate, chromic acid, chrome oxide green, basic chromium sulphate, sodium sulphate, and potassium dichromate, as well as barium carbonate. Its products are used in various applications, such as pharmaceutical, pigments and sport surfaces, leather, construction equipment, roofing and ceramic tiles, automobile, decorative plating, functional plating, detergents, textiles, refractory bricks, and timber treatment industries. The company also supplies its products to Asia, China, South East Asia, Europe, the United Kingdom, North America, South and Central America, Africa, and internationally. Vishnu Chemicals Limited was founded in 1989 and is based in Hyderabad, India.
Vishnu Chemicals Dividend Announcement
• Vishnu Chemicals announced a annually dividend of ₹0.30 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-20
• Vishnu Chemicals annual dividend for 2024 was ₹0.30
• Vishnu Chemicals annual dividend for 2023 was ₹0.40
• Vishnu Chemicals's trailing twelve-month (TTM) dividend yield is 0.07%
• Vishnu Chemicals's dividend growth over the last five years (2018-2023) was -5.83% year
Vishnu Chemicals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹0.30 | annually | 2024-10-27 |
2023-08-04 | ₹0.40 | annually | 2023-09-09 |
2022-07-07 | ₹0.08 | annually | 2022-08-13 |
2021-07-01 | ₹0.04 | annually | 2021-08-08 |
2020-08-06 | ₹0.04 | annually | 2020-09-13 |
2019-06-13 | ₹0.04 | annually | 2019-06-28 |
2018-09-14 | ₹0.04 | annually | 2018-10-24 |
2018-08-02 | ₹0.50 | annually | |
2016-03-22 | ₹0.04 | annually | 2016-10-28 |
2015-06-18 | ₹0.04 | annually | 2015-07-29 |
Vishnu Chemicals Dividend per year
Vishnu Chemicals Dividend growth
Vishnu Chemicals Dividend Yield
Vishnu Chemicals current trailing twelve-month (TTM) dividend yield is 0.07%. Interested in purchasing Vishnu Chemicals stock? Use our calculator to estimate your expected dividend yield:
Vishnu Chemicals Financial Ratios
Vishnu Chemicals Dividend FAQ
Other factors to consider when evaluating Vishnu Chemicals 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: Vishnu Chemicals'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, Vishnu Chemicals 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, Vishnu Chemicals 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 Vishnu Chemicals 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: Vishnu Chemicals 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, Vishnu Chemicals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vishnu Chemicals 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 Vishnu Chemicals'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 Vishnu Chemicals'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.