Refex Industries Limited Dividend 2024 Record Date, Share Price, History

News: Refex Industries Limited, a prominent player in the chemical industry, has recently announced its dividend plans for the year 2024. In this article, we’ll delve into the details of Refex’s dividends, including the record date, share price impact, and historical context.

Dividend Details

Record Date: The record date for Refex Industries Limited’s dividend is 20th February 2024.

Dividend Type: Refex offers both interim and final dividends.

• Interim Dividend: On 20th February 2024, shareholders will receive an interim dividend of Rs. 0.50 per share.
• Final Dividend: The final dividend of Rs. 2.00 per share was declared earlier on 7th September 2021.

Share Price Impact

• Investors often pay attention to dividends as they can influence share prices.
• The current share price of Refex Industries Limited stands at Rs. 681.70.
• Considering the recent dividend announcement, the dividend yield (dividend amount relative to share price) is approximately 0.29%.

Historical Context

• Refex Industries Ltd. has a dividend history dating back to January 17, 2008.
• Over the past 12 months, the company has consistently declared an equity dividend of Rs. 2.00 per share.
• As an investor, it’s essential to keep an eye on Refex’s dividend policies and financial performance.

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About Refex Industries Limited :

Refex Industries Limited (RIL) is a specialist manufacturer and re-filler of Refrigerant gases in India. These gases serve as environmentally acceptable alternatives to Chloro-fluoro-carbons (CFC’s). Refex’s products find applications primarily as refrigerants, foam blowing agents, and aerosol propellants. Let’s explore more about this company:

Company Overview

• Name: Refex Industries Limited
• Incorporation Date: 13th September 2002
• Location: Chennai, Tamil Nadu, India
• Authorized Share Capital: INR 40.00 crore
• Total Paid-up Capital: INR 22.13 crore

Core Business

Refex Industries Ltd. (formerly known as Refex Refrigerants Limited) specializes in refilling non-ozone depleting refrigerant gases, commonly referred to as HydrofluoroCarbons (HFCs). Unlike regular refrigerants, these HFCs are eco-friendly and do not harm the ozone layer.

Pioneering the Refrigerator Gas Vertical

• Refex is a trailblazer in introducing R134a Cans in India, making it the first mover in the refrigerator gas vertical.
• The company’s product range includes a formidable lineup of refrigerant gases.

Global Presence

• With an ever-expanding global client network, Refex’s excellence continues to diversify and broaden across industries.
• Their state-of-the-art infrastructure facilities, high-quality machinery, and cutting-edge technology contribute to their success.

Refex Industries Limited’s dividend announcements play a crucial role in attracting investors and maintaining shareholder confidence. Whether you’re a seasoned investor or a newcomer, understanding dividend trends can help you make informed decisions.

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