Zenith Fibres Ltd. engages in the manufacture of Manmade Fibres and Green Energy generation. The firm exports polypropylene staple fibre, which is used in different applications such as filer grade fabrics, floor and automobile carpets, geo-textiles, and construction industry. It operates through the Manufacturing of Manmade Fibre and Power Generation - Wind Turbine segments. The company was founded on December 12, 1989 and is headquartered in Vadodara, India.
Zenith Fibres Dividend Announcement
• Zenith Fibres announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-20 • Zenith Fibres annual dividend for 2024 was ₹1.00 • Zenith Fibres annual dividend for 2023 was ₹1.50 • Zenith Fibres's trailing twelve-month (TTM) dividend yield is 1.25%
Zenith Fibres current trailing twelve-month (TTM) dividend yield is 1.25%. Interested in purchasing Zenith Fibres stock? Use our calculator to estimate your expected dividend yield:
Zenith Fibres Financial Ratios
P/E ratio14.49
PEG ratio-4.25
P/B ratio0.57
ROE3.95%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Zenith Fibres Dividend FAQ
How much is the next Zenith Fibres dividend?
Zenith Fibres's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zenith Fibres dividend. The next Zenith Fibres dividend will be released in September.
When is Zenith Fibres dividend paid?
Zenith Fibres 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 Zenith Fibres pay?
The specific amount of Zenith Fibres 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 Zenith Fibres's dividend history.
Does Zenith Fibres stock pay dividends?
Yes, Zenith Fibres 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 Zenith Fibres's dividend history.
How much dividend does Zenith Fibres pay?
Zenith Fibres paid ₹1.0 in 2024, ₹1.5 in 2023, ₹1.5 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Zenith Fibres pay dividends?
Zenith Fibres 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 Zenith Fibres's dividend yield?
The current dividend yield for Zenith Fibres is 1.25%. 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 Zenith Fibres's exact dividend yield.
When does Zenith Fibres go ex dividend?
Zenith Fibres's ex-dividend date for the latest dividend was on 2024-09-20. Zenith Fibres 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 Zenith Fibres dividend paid?
Zenith Fibres pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Zenith Fibres 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 Zenith Fibres 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 Zenith Fibres dividend per share?
Zenith Fibres paid ₹1.0 per share in 2024 and ₹1.5 per share in 2023. The amount of dividend per share that Zenith Fibres 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 Zenith Fibres 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 Zenith Fibres 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 Zenith Fibres a dividend stock?
Yes, Zenith Fibres is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zenith Fibres a good dividend stock?
Whether Zenith Fibres is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zenith Fibres has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zenith Fibres 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 Zenith Fibres pay dividends monthly?
Zenith Fibres typically pays dividends on a annually basis.
Does Zenith Fibres pay dividends quarterly?
Zenith Fibres currently pays dividends on a annually basis.
Has Zenith Fibres ever paid a dividend?
Yes, Zenith Fibres has a history of paying dividends to its shareholders. Zenith Fibres is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zenith Fibres dividend stocks?
To buy Zenith Fibres 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 Zenith Fibres 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 Zenith Fibres pay dividends 2024?
Zenith Fibres pays dividends on a annually basis. 2024 dividend payments are in 2024-10-27. 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 Zenith Fibres increase its dividend in 2024?
Decisions regarding Zenith Fibres 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 Zenith Fibres dividend overview you can look into the above table of dividend history.
How Zenith Fibres dividend works?
The Zenith Fibres 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 Zenith Fibres's dividend process works:
1. Determination of Dividend: Zenith Fibres'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, Zenith Fibres 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, Zenith Fibres 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 Zenith Fibres 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 Zenith Fibres dividends paid?
Zenith Fibres dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zenith Fibres 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, Zenith Fibres distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zenith Fibres 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 Zenith Fibres pay dividends?
Zenith Fibres 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 Zenith Fibres pay dividends?
The general pattern is that Zenith Fibres 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 Zenith Fibres dividend safe?
The safety of Zenith Fibres'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 Zenith Fibres'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 Zenith Fibres'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.