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The Western India Plywoods Limited manufactures and sells plywood, hard boards, densified wood, and other wood products in India. The company offers fire retardant and resin surfaced shuttering plywood for applications in industrial filters, and paneling and ceiling substrates in hotels, hospitals, theatres, etc.; marine plywood for boat building, and load and stress bearing industrial applications; and boiling water resistant plywood for use in furniture, structural work in interior design, auto motive coach building, and match-plates in foundries. It also provides standard hardboards for applications in automotive interior trims, shoe heel manufacture, fiber drum lid manufacture, clock backing, photo frame backing, furniture elements, partitions, etc.; oil tempered hardboards for shoe heel manufacture, automobile interior trims, and improving resistance to weathering; and perforated hardboards. In addition, the company offers densified wood laminates for specific heavy duty applications in various industries; pre-compressed pressboards for the high voltage and extra high voltage transformer industry; molded plywood furniture; and wooden floorings. It also exports its products. The Western India Plywoods Limited was incorporated in 1945 and is based in Kannur, India.

Western India Plywoods Dividend Announcement

Western India Plywoods announced a annually dividend of ₹1.20 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-17
Western India Plywoods annual dividend for 2024 was ₹1.20
Western India Plywoods annual dividend for 2023 was ₹1.00
Western India Plywoods's trailing twelve-month (TTM) dividend yield is 0.54%

Western India Plywoods Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-17₹1.20annually2024-10-26
2023-09-22₹1.00annually2023-10-29
2022-09-22₹0.80annually2022-10-29
2021-08-02₹0.80annually2021-09-09
2019-09-12₹0.90annually2019-10-20

Western India Plywoods Dividend per year

Western India Plywoods Dividend growth

Western India Plywoods Dividend Yield

Western India Plywoods current trailing twelve-month (TTM) dividend yield is 0.54%. Interested in purchasing Western India Plywoods stock? Use our calculator to estimate your expected dividend yield:

Western India Plywoods Financial Ratios

P/E ratio51.09
PEG ratio0.08
P/B ratio3.65
ROE7.37%
Payout ratio0.00%
Current ratio2.37
Quick ratio1.68
Cash Ratio0.55

Western India Plywoods Dividend FAQ

How much is the next Western India Plywoods dividend?
Western India Plywoods's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Western India Plywoods dividend. The next Western India Plywoods dividend will be released in September.
When is Western India Plywoods dividend paid?
Western India Plywoods 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 Western India Plywoods pay?
The specific amount of Western India Plywoods 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 Western India Plywoods's dividend history.
Does Western India Plywoods stock pay dividends?
Yes, Western India Plywoods 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 Western India Plywoods's dividend history.
How much dividend does Western India Plywoods pay?
Western India Plywoods paid ₹1.2 in 2024, ₹1.0 in 2023, ₹0.8 in 2022, ₹0.8 in 2021, and ₹0.0 in 2020.
How often does Western India Plywoods pay dividends?
Western India Plywoods 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 Western India Plywoods's dividend yield?
The current dividend yield for Western India Plywoods is 0.54%. 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 Western India Plywoods's exact dividend yield.
When does Western India Plywoods go ex dividend?
Western India Plywoods's ex-dividend date for the latest dividend was on 2024-09-17. Western India Plywoods 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 Western India Plywoods dividend paid?
Western India Plywoods pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Western India Plywoods 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 Western India Plywoods 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 Western India Plywoods dividend per share?
Western India Plywoods paid ₹1.2 per share in 2024 and ₹1.0 per share in 2023. The amount of dividend per share that Western India Plywoods 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 Western India Plywoods 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 Western India Plywoods 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 Western India Plywoods a dividend stock?
Yes, Western India Plywoods is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Western India Plywoods a good dividend stock?
Whether Western India Plywoods is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Western India Plywoods has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Western India Plywoods 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 Western India Plywoods pay dividends monthly?
Western India Plywoods typically pays dividends on a annually basis.
Does Western India Plywoods pay dividends quarterly?
Western India Plywoods currently pays dividends on a annually basis.
Has Western India Plywoods ever paid a dividend?
Yes, Western India Plywoods has a history of paying dividends to its shareholders. Western India Plywoods is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Western India Plywoods dividend stocks?
To buy Western India Plywoods 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 Western India Plywoods 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 Western India Plywoods pay dividends 2024?
Western India Plywoods pays dividends on a annually basis. 2024 dividend payments are in 2024-10-26. 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 Western India Plywoods increase its dividend in 2024?
Decisions regarding Western India Plywoods 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 Western India Plywoods dividend overview you can look into the above table of dividend history.
How Western India Plywoods dividend works?
The Western India Plywoods 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 Western India Plywoods's dividend process works:

1. Determination of Dividend: Western India Plywoods'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, Western India Plywoods 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, Western India Plywoods 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 Western India Plywoods 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 Western India Plywoods dividends paid?
Western India Plywoods dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Western India Plywoods 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, Western India Plywoods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Western India Plywoods 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 Western India Plywoods pay dividends?
Western India Plywoods 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 Western India Plywoods pay dividends?
The general pattern is that Western India Plywoods 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 Western India Plywoods dividend safe?
The safety of Western India Plywoods'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 Western India Plywoods'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 Western India Plywoods'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.