SUMICHEM
Sumitomo Chemical India Ltd
₹401.10
Sumitomo Chemical India Ltd Dividend 2024 : Should Sumitomo Chemical India Ltd be a part of your dividend portfolio?
Sumitomo Chemical India Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹20,000.77Cr. Its share price is ₹401.10 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sumitomo Chemical India Ltd gave ₹6.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Basic Materials stocks do not always pay a dividend but as Sumitomo Chemical India Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, Sumitomo Chemical India Ltd has declared dividend of ₹5 - translating a dividend yield of 1.55%.
Let's look at Sumitomo Chemical India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Sumitomo Chemical India Ltd’s revenue were ₹568.89Cr in the quarter ending December 2023. The revenuefell by -25.75% year on year basis since last quarter.
- Sumitomo Chemical India Ltd’s profits were ₹54.71Cr in the quarter ending December 2023. The profits fell by -39.53% year on year basis since last quarter.
- Sumitomo Chemical India Ltd’s dividend was ₹5 in the quarter ending December 2023.
Sumitomo Chemical India Ltd Dividend related ratios:
- Last dividend date: 01/02/2024
- Current Dividend Yield: 1.55%
- Annual dividend payment: ₹6.20
History of Sumitomo Chemical India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
14/02/2024 | CASH | ₹5 | 01/02/2024 | 14/02/2024 |
21/07/2023 | CASH | ₹1.20 | 18/05/2023 | 21/07/2023 |
21/07/2022 | CASH | ₹1 | 27/05/2022 | 22/07/2022 |
22/07/2021 | CASH | ₹0.80 | 28/05/2021 | 23/07/2021 |
02/09/2020 | CASH | ₹0.55 | 05/06/2020 | 03/09/2020 |
