Dalmia Bharat Sugar And Industries Dividend 2024 Record Date, Share Price, History

News: Dalmia Bharat Sugar and Industries, a prominent player in the sugar industry, has been making waves with its consistent dividend payouts. In this article, we delve into the company’s dividend history, share price trends, and the upcoming dividend for 2024.

Dividend History

Dalmia Bharat Sugar and Industries have a commendable track record when it comes to dividends. Let’s take a look at their recent dividend announcements:

1. Interim Dividend (February 2024):
   • Announcement Date: February 2, 2024
   • Record Date: February 16, 2024
   • Dividend Percentage: 187.5%
   • Amount per Share: ₹3.75
   • This interim dividend reflects the company’s commitment to rewarding its shareholders even during the year.
2. Final Dividend (May 2023):
   • Announcement Date: May 19, 2023
   • Record Date: August 4, 2023
   • Dividend Percentage: 50%
   • Amount per Share: ₹1.00
   • The final dividend provides a sweet ending to the financial year.

Share Price Trends

As of now, Dalmia Bharat Sugar and Industries’ share price stands at ₹409.30. The company’s dividend yield, calculated based on the current share price, is approximately 0.98%.

About Dalmia Bharat Sugar and Industries :

Dalmia Bharat Sugar and Industries Limited is a name that resonates with growth, innovation, and trust. Let’s delve into what makes this company stand out in the Indian business landscape.

The Beginnings

In the mid-1990s, Dalmia Bharat Sugar took its first steps into the sugar industry. The company established its initial unit of 2500 TCD (tonnes crushed per day) in Ramgarh, a village nestled in the Sitapur district of Uttar Pradesh. Since then, it has been on an upward trajectory, becoming one of the fastest-growing success stories in the Indian sugar sector.

What Does Dalmia Bharat Sugar Do?

1. Sugar Manufacturing: At its core, Dalmia Bharat Sugar produces sugar. The sweet crystals that find their way into our kitchens come from their well-equipped factories.
2. Power Generation: The company doesn’t stop at sugar. It also generates power, contributing to India’s energy needs.
3. Industrial Alcohol: Dalmia Bharat Sugar plays a role in the production of industrial alcohol, which has various applications across industries.
4. Refractory Products: Beyond sugar and energy, the company specializes in refractory products. These are essential materials used in high-temperature environments like steel plants and cement factories.

Dalmia Magnesite Corporation

One of its divisions, Dalmia Magnesite Corporation, has been producing 92% MgO (magnesium oxide) of dead-burned magnesite since 1958. Additionally, they manufacture magnesia-carbon bricks for steel plants and high-performance-low cement alumina castables. Their association with the Dalmia Institute of Scientific and Industrial Research has led to innovations like dry rapid-hardening cement material for concrete repair and non-shrink grout.

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The refractory products cater to various industries:

• Steel Industry
• Cement Industry
• Concrete Repair

Electronic Division

Dalmia Bharat Sugar’s electronic division, based in Bangalore, manufactures monolithic chip capacitors. These tiny components play a big role in electronic devices. Here are some highlights:

• Adaptability to High-Speed Automation: Their capacitors work seamlessly with automated assembly processes.
• Capacitance Range: From 0.5 picofarads to 1 microfarad.
• Voltage Range: 25 to 500 volts DC.
• Dielectric Material Systems: They offer five standard dielectric material systems.

Trusted by Farmers

Dalmia Bharat Sugar and Industries Limited isn’t just about business; it’s about people. More than 1 lakh farmers trust this company. Their commitment to growth, quality, and community welfare sets them apart.

Investors looking for a sugar-coated investment opportunity should keep an eye on Dalmia Bharat Sugar and Industries. With a strong dividend track record and a commitment to shareholder value, this company continues to sweeten the deal for its investors.

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FAQs

Q: When will the dividend announcement take effect?
A: The dividend announcement will take effect on February 16th, 2024.

Q: What was Dalmia Bharat Sugar and Industries’ dividend situation in 2024?
A: In 2024, Dalmia Bharat Sugar and Industries gave out an interim dividend of Rs. 3.75 per equity share.

Q: Tell me about Dalmia Bharat Sugar and Industries’ stock details and where it is listed.
A: Dalmia Bharat Sugar and Industries is listed as NSE: DALMIASUG and is currently trading at a price of 395.90 INR on February 14th, 2024.