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Salona Cotspin Ltd Stock Dividends Overview

SALONA.NS pays dividends yearly. Last paid amount was ₹1.20 at Sep 18, 2023. As of today, dividend yield (TTM) is 0.458%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 0.458%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ₹1.20
Salona Cotspin Ltd has not yet announced its next dividend date. Last payment date was: Sep 18, 2023.

SALONA Dividend Payout History

To ensure a understanding of SALONA's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 18, 2023 Sep 18, 2023 Sep 18, 2023 ₹1.20 0.458%
2 Sep 20, 2022 Sep 20, 2022 Sep 20, 2022 ₹1.20 0.432%
3 Sep 08, 2021 Sep 08, 2021 Sep 08, 2021 ₹1.00 0.494%
4 May 27, 2019 Sep 04, 2019 Oct 12, 2019 ₹0.600 0.82%
5 Sep 14, 2018 Sep 14, 2018 Sep 14, 2018 ₹0.600 0.610%
6 May 16, 2017 Sep 19, 2017 Oct 26, 2017 ₹0.600 0.487%
7 Sep 08, 2016 Sep 08, 2016 Sep 08, 2016 ₹0.750 2.38%
8 Sep 19, 2014 Sep 19, 2014 Sep 19, 2014 ₹1.20 4.25%
9 Sep 02, 2011 Sep 02, 2011 Sep 02, 2011 ₹1.00 5.92%
10 Sep 08, 2010 Sep 08, 2010 Sep 08, 2010 ₹1.00 3.72%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (34.40%)

Growth potential

Stable (0.21%)

SALONA Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from SALONA dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in SALONA stock here.

Comparing SALONA to Sector and Country

SALONA.NS pays a solid dividend yield of 0.458%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.205%). SALONA.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the IN market (3.27%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of SALONA.NS's dividend payments?
The amount of SALONA.NS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in SALONA.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from SALONA.NS stock be automatically reinvested?
If SALONA.NS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy SALONA.NS stock.

How often does SALONA.NS pay dividend?
Salona Cotspin Ltd (SALONA.NS) pays dividends yearly. The most recent payout was on Sep 18, 2023.

How much does SALONA.NS pays per share?
The last recorder (Sep 18, 2023) dividend per share was ₹1.20.

What is SALONA.NS dividend growth rate?
Over the last year, Salona Cotspin Ltd has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 6.27%. Furthermore, examining the past 5 years, Salona Cotspin Ltd has maintained an average Dividends Per Share Growth Rate of 14.87%.
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About Salona Cotspin Ltd

Salona Cotspin Limited produces and sells cotton yarn, knitted fabrics, and garments in India. The company offers ring spin, open end, slub, hank, and compact cotton and blend yarn products. It also provides grey, dyed, and printed fabrics; and knitwear apparels. The company also exports its products. Salona Cotspin Limited was incorporated in 1994 and is based in Coimbatore, India.... SALONA.NS Profile

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