Welspun Living Limited manufactures and sells home textile products in India and internationally. The company offers solid, yarn-dyed, dobby, and jacquard towels and bath robes; bath rugs/mats, such as cotton, nylon, PET, and polyester filament-based Drylon and Resilon yarn rugs; and printed nylon and polyester bath mats. It also provides utility bedding and bed sheet products comprising pillow fillers, mattress pads, and down-alternative filled comforters; and fashion bedding products for the bedroom. In addition, the company offers flooring products, including carpet tiles, broadloom carpets and area rugs, and artificial grasses. Further, it is involved in power generation; home textile product trading; and real estate business. It offers its products under the owned and licensed brands, such as Spaces, Welspun, Welspun Flooring, Welspun Health, Spun, The Championships, Wimbledon, Despicable Me, Marvel, Disney, Christy, WelHome, Martha Stewart, ScottLiving, Stay Well, and Wimbledon. The company was formerly known as Welspun India Limited and changed its name to Welspun Living Limited in September 2023. The company was founded in 1985 and is based in Mumbai, India. Welspun Living Limited is a subsidiary of Welspun Group Master Trust.
Welspun Living Dividend Announcement
• Welspun Living announced a annually dividend of ₹0.10 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-06-26
• Welspun Living annual dividend for 2024 was ₹0.10
• Welspun Living annual dividend for 2023 was ₹0.10
• Welspun Living's trailing twelve-month (TTM) dividend yield is 0.06%
• Welspun Living's dividend growth over the last five years (2018-2023) was -31.23% year
• Welspun Living's dividend growth over the last ten years (2013-2023) was -25.89% year
Welspun Living Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-26 | ₹0.10 | annually | 2024-10-26 |
2023-06-27 | ₹0.10 | annually | 2023-10-22 |
2022-06-23 | ₹0.15 | annually | 2022-10-12 |
2021-05-24 | ₹0.15 | annually | 2021-09-30 |
2020-03-17 | ₹1.00 | annually | 2020-04-08 |
2019-07-11 | ₹0.30 | annually | 2019-09-11 |
2018-06-25 | ₹0.65 | annually | 2018-09-13 |
2017-06-22 | ₹0.65 | annually | 2017-10-20 |
2016-06-23 | ₹0.05 | annually | |
2016-03-21 | ₹0.60 | annually | |
2015-10-30 | ₹6.50 | annually | |
2015-06-18 | ₹7.50 | annually | |
2014-11-17 | ₹3.00 | annually | |
2014-06-19 | ₹3.00 | annually | |
2013-09-19 | ₹2.00 | annually |
Welspun Living Dividend per year
Welspun Living Dividend growth
Welspun Living Dividend Yield
Welspun Living current trailing twelve-month (TTM) dividend yield is 0.06%. Interested in purchasing Welspun Living stock? Use our calculator to estimate your expected dividend yield:
Welspun Living Financial Ratios
Welspun Living Dividend FAQ
Other factors to consider when evaluating Welspun Living 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: Welspun Living'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, Welspun Living 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, Welspun Living 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 Welspun Living 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: Welspun Living 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, Welspun Living distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Welspun Living 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 Welspun Living'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 Welspun Living'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.