SUNSHIELD CHEMICALS LTD Dividend 2024 Record Date, Share Price, History

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

Dividend Announcement

For the financial year ending March 2023, Sunshield Chemicals declared an equity dividend of 20.00%, amounting to Rs 2 per share. This dividend reflects the company’s commitment to rewarding its shareholders.

Record Date and Entitlement

The company has fixed Thursday, 22nd February 2024 as the record date for determining entitlement of members for the purpose of payment of interim dividend. If you own Sunshield Chemicals shares on or before this date, you’ll be eligible to receive the dividend.

Share Price Impact

The announcement of dividends often influences a company’s share price. Investors pay close attention to dividend declarations as they signal the company’s financial health and management’s confidence in future prospects.

On 9th February 2024, Sunshield Chemicals announced a dividend of Rs 1.2 per share. While this news may not have an immediate impact on the share price, it reflects the company’s positive outlook and commitment to shareholder value.

Historical Context

Sunshield Chemicals has a track record of consistent performance. As investors, it’s essential to consider the company’s dividend history and financial stability. By analyzing past dividends and financial statements, you can make informed decisions about your investment strategy.

Subscribe to Sarkari Result to stay informed. Get the latest celebrity news and detailed movie reviews in real-time. Keep up with the constantly changing world of entertainment with Sarkari Exam.

About SUNSHIELD CHEMICALS LTD :

Company Overview

Industry: Sunshield Chemicals operates in diverse sectors, including:

• Industrial Applications
• Paints and Coatings
• Home and Personal Care
• Agrochemicals.

Product Range:

• Speciality Surfactants: Ethylene Oxide (EO) based products used in various industrial and domestic applications.
• Anti-Oxidants: Used in manufacturing lubricants, polymers, rubber, tires, and latex products.
• HQEE: An additive for high-end Polyurethane foams in the automotive and shoe industry.
• THEIC: Widely used in the coating industry for heat-resistant wire enamels and electrical insulation.

Strengths and Capabilities

• Innovation: Sunshield Chemicals consistently applies innovation to maximize efficiency.
• Sustainable Waste Management: The company prioritizes responsible waste management.
• Technical Expertise: Promoters and senior management contribute their experience and technical prowess.
• Customer Base: Sunshield Chemicals’ growing customer base is driven by strong application support.
• Global Network: Present in 17 countries, Sunshield Chemicals is trusted by global industries.

Differentiated Product Portfolio

Sunshield Chemicals tackles challenging manufacturing processes with deep technological expertise. Their product range includes:

• Ethoxylates / Propoxylates
• THEIC
• HQEE
• Antioxidants
• Urea Formaldehyde Resin.

Sunshield Chemicals’ dividend announcement for 2024 is a positive sign for shareholders. Mark your calendars for the record date, and stay informed about the company’s financial updates. Remember, dividends are not just numbers; they represent the company’s appreciation for its investors’ trust and support.

Disclaimer: Please note that all content and tools on this website are provided for your convenience and are offered “as is” without warranties. The information provided, including any tool-generated output, is for informational purposes only and should not be considered investment advice or guarantees. Exercise caution, seek professional advice, and make independent judgments before acting on any information found on this site.