Latest Dwarikesh Sugar Dividend Announcement
Dwarikesh Sugar Industries Ltd. (Dwarkesh Sugar) has recently announced an interim dividend of Rs. 2.00 per share for the financial year 2022-2023. This news is likely to delight shareholders of the company who are set to receive a payout in the coming days. The ex-date for the dividend is set for 31st March 2023, while the record date is also the same.
Dwarikesh Sugar Industries Ltd. is one of India’s leading sugar manufacturers with a significant presence in the sugar and allied businesses. The company has been in operation for over two decades and has consistently delivered strong financial performance over the years.
The interim dividend declared by the company is a sign of its financial strength, stability, and commitment to its shareholders. This move is in line with the company’s history of rewarding its shareholders regularly.
The ex-date and record date for the dividend have been set for 31st March 2023, which means that shareholders who own shares of the company before this date will be eligible to receive the dividend. The record date is the date on which the company will identify the shareholders who are entitled to receive the dividend payout.
Investors and analysts will likely view this development positively, indicating the company’s continued success in the sugar industry. This announcement reflects the management’s confidence in the company’s future growth prospects, and it is likely to boost investor confidence in the company.
Dwarikesh Sugar Share Price | Dwarkesh Sugar Share Price
Dwarikesh Sugar Technical Analysis
Dwarikesh Sugar Dividend History
| Security Code | Security Name | Ex Date | Purpose | Record Date |
|---|---|---|---|---|
| 532610 | DWARIKESH SUGAR INDUSTRIES LTD. | 03 Mar 2010 | Dividend – Rs. – 1.5000 | – |
| 532610 | DWARIKESH SUGAR INDUSTRIES LTD. | 10 Aug 2017 | Dividend – Rs. – 10.0000 | – |
| 532610 | DWARIKESH SUGAR INDUSTRIES LTD. | 10 Aug 2017 | Stock Split From Rs.10/- to Rs.1/- | – |
| 532610 | DWARIKESH SUGAR INDUSTRIES LTD. | 28 Aug 2019 | Dividend – Rs. – 1.0000 | – |
| 532610 | DWARIKESH SUGAR INDUSTRIES LTD. | 18 Feb 2020 | Interim Dividend – Rs. – 1.0000 | 20 Feb 2020 |
| 532610 | DWARIKESH SUGAR INDUSTRIES LTD. | 12 Jul 2021 | Dividend – Rs. – 1.2500 | – |
| 532610 | DWARIKESH SUGAR INDUSTRIES LTD. | 07 Apr 2022 | Interim Dividend – Rs. – 2.0000 | 08 Apr 2022 |
| 532610 | DWARIKESH SUGAR INDUSTRIES LTD. | 31 Mar 2023 | Interim Dividend – Rs. – 2.0000 | 31 Mar 2023 |
About Dwarikesh Sugar
Dwarikesh Sugar Industries Limited is one of India’s leading sugar manufacturers, with operations in Uttar Pradesh and Bihar. The company was founded in 1995 and has since grown to become a significant player in the Indian sugar industry.
Dwarikesh Sugar Industries has a diversified business portfolio, including sugar manufacturing, power generation, and ethanol production. The company operates five sugar mills with a combined crushing capacity of 47,500 tonnes per day. In addition, the company has four cogeneration power plants and two ethanol distilleries.
The company has consistently delivered strong financial performance over the years, thanks to its efficient operations and strong product portfolio. Dwarikesh Sugar Industries is also committed to environmental sustainability, with a focus on reducing greenhouse gas emissions and promoting renewable energy sources.
Dwarikesh Sugar Industries is a responsible corporate citizen, with a focus on community development and social responsibility. The company has implemented various initiatives to promote education, healthcare, and environmental sustainability in the communities where it operates.
In recent years, the company has also ventured into the retail segment with the launch of its own brand of sugar, Dwarikesh Shudh. This move is part of the company’s strategy to expand its product portfolio and increase brand awareness among consumers.
Dwarikesh Sugar Industries’ strong financial performance, diversified business portfolio, and commitment to environmental sustainability and social responsibility make it an attractive investment opportunity for investors looking for exposure in the sugar and allied industries. Investors should keep an eye on the company’s future growth prospects, including its expansion plans and product portfolio, to make informed investment decisions.