Southern Petrochemical Industries Corp Stock Dividends
Southern Petrochemical Industries Corporation Limited Stock Dividends Overview
SPIC.NS pays dividends yearly. Last paid amount was ₹1.50 at Oct 25, 2023. As of today, dividend yield (TTM) is 2.26%.
Dividend Yield Range
AI Analysis of SPIC.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.26% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹1.50 |
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Southern Petrochemical Industries Corporation Limited has not yet announced its next dividend date. Last payment date was: Oct 25, 2023.
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SPIC Dividend Payout History
To ensure a understanding of SPIC'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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 20, 2023 | Sep 20, 2023 | Oct 25, 2023 | ₹1.50 | 2.26% |
| 2 | Sep 22, 2022 | Sep 22, 2022 | Sep 22, 2022 | ₹0.500 | 0.85% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
SPIC Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from SPIC 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 SPIC stock here.
Comparing SPIC to Sector and Country
SPIC.NS pays a solid dividend yield of 2.26%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.258%). SPIC.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the IN market (3.07%), which means that there are more attractive dividend stocks to consider.
