Zuari Industries Limited engages in agriculture, heavy engineering, infrastructure, lifestyle, and services businesses in India. It operates through eight segments: Engineering Services, Furniture, Real Estate, Sugar, Power, Investment Services, Ethanol, and Management Services. The Engineering Services segment provides technology, basic engineering, detailed engineering, project management, procurement, and construction services to chemical, fertilizer, oil and gas, petrochemical, power, engineering, contracting, and other infrastructure projects. The Furniture segment manufactures, sells, and trades in furniture products. The Real Estate segment engages in the development of real estate projects. The Sugar segment extracts, manufactures, and sells sugar. The Power segment is involved in the co-generation of power using by-products, such as bagasse. The Investment Services segment provides capital market-related services. The Ethanol Plant segment manufactures ethanol using molasses. The Management Services segment offers management consultancy, manpower outsourcing, and related services. In addition, the company provides insurance solutions to individuals and corporates as insurance brokers; and stock and commodity broking, depository participant, portfolio management, and registrar and share transfer agent services, as well as distributes mutual fund products. The company was formerly known as Zuari Global Limited and changed its name to Zuari Industries Limited in June 2022. Zuari Industries Limited was incorporated in 1967 and is based in Gurugram, India.
Zuari Industries Dividend Announcement
• Zuari Industries 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
• Zuari Industries annual dividend for 2024 was ₹1.00
• Zuari Industries annual dividend for 2023 was ₹1.00
• Zuari Industries's trailing twelve-month (TTM) dividend yield is 0.29%
• Zuari Industries's dividend growth over the last ten years (2013-2023) was -6.70% year
Zuari Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹1.00 | annually | 2024-10-27 |
2023-09-21 | ₹1.00 | annually | 2023-10-28 |
2022-09-20 | ₹1.00 | annually | 2022-10-27 |
2021-11-24 | ₹2.00 | annually | 2021-12-14 |
2021-04-27 | ₹1.00 | annually | 2021-05-19 |
2021-02-23 | ₹1.00 | annually | 2021-03-15 |
2020-09-04 | ₹1.00 | annually | 2020-10-14 |
2019-07-18 | ₹1.00 | annually | 2019-10-06 |
2018-07-19 | ₹1.00 | annually | 2018-10-10 |
2017-07-13 | ₹1.00 | annually | 2017-10-28 |
2016-07-29 | ₹1.00 | annually | |
2015-07-30 | ₹1.00 | annually | |
2014-06-27 | ₹1.00 | annually | |
2013-05-27 | ₹2.00 | annually |
Zuari Industries Dividend per year
Zuari Industries Dividend growth
Zuari Industries Dividend Yield
Zuari Industries current trailing twelve-month (TTM) dividend yield is 0.29%. Interested in purchasing Zuari Industries stock? Use our calculator to estimate your expected dividend yield:
Zuari Industries Financial Ratios
Zuari Industries Dividend FAQ
Other factors to consider when evaluating Zuari 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: Zuari 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, Zuari 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, Zuari 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 Zuari 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: Zuari 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, Zuari 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: Zuari 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 Zuari 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 Zuari 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.