ACI
Archean Chemical Industries Ltd
₹609.20
Archean Chemical Industries Ltd Dividend 2023 : Should Archean Chemical Industries Ltd be a part of your dividend portfolio?
Archean Chemical Industries Ltd is one of the most popular Chemicals company in the world with a market capitalisation of ₹7,253.97Cr. Its share price is ₹609.20 as on 4 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Archean Chemical Industries Ltd gave ₹2.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Chemicals stocks do not always pay a dividend but as Archean Chemical Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Archean Chemical Industries Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.41%.
Let's look at Archean Chemical Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Archean Chemical Industries Ltd’s revenue were ₹354.02Cr in the quarter ending June 2023. The revenuefell by -13.4% year on year basis since last quarter.
- Archean Chemical Industries Ltd’s profits were ₹93.86Cr in the quarter ending June 2023. The profits grew by 11.21% year on year basis since last quarter.
- Archean Chemical Industries Ltd’s dividend was ₹2.50 in the quarter ending March 2023.
Archean Chemical Industries Ltd Dividend related ratios:
- Last dividend date: 26/05/2023
- Current Dividend Yield: 0.41%
- Annual dividend payment: ₹2.50
History of Archean Chemical Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/07/2023 | CASH | ₹2.50 | 26/05/2023 | 21/07/2023 |
