Castrol India Dividend & DIC India Dividend
Two prominent companies, Castrol India Limited and DIC India Limited, have announced dividends for their shareholders, rewarding them for their investment and confidence in the companies. The record date for both dividend payments has been set as March 18, 2025, meaning that investors holding shares on this date will be eligible for the payouts.
Castrol India Declares ₹9.50 Per Share Final Dividend
Castrol India Limited, a leading lubricant manufacturer, has declared a final dividend of ₹9.50 per equity share for the financial year ending December 31, 2024. This dividend includes a special dividend of ₹4.50 per share, commemorating the company’s 125th global anniversary. The announcement reflects Castrol India’s strong financial performance and commitment to shareholder returns.
Castrol India Dividend Breakdown
- Total Dividend: ₹9.50 per equity share (190% of the face value of ₹5)
- Regular Dividend: ₹5.00
- Special Dividend: ₹4.50
- Record Date: March 18, 2025
- Annual General Meeting (AGM): March 25, 2025 (Shareholder approval required)
- Castrol India Dividend Payment Date: On or before April 23, 2025
Castrol India’s Financial Performance
Castrol India has demonstrated strong financial growth over the past year.
Q4 2024 Results
- Net Profit: ₹271 crore (up 21% YoY) compared to ₹242 crore in Q4 2023.
- Revenue from Operations: ₹1,354 crore, reflecting a 7% YoY increase.
Full-Year (FY 2024) Performance
- Revenue Growth: 6% increase, reaching ₹5,365 crore.
- Net Profit Growth: 7% increase, totaling ₹927 crore.
Castrol India Dividend History
Castrol India has consistently rewarded its shareholders through dividends.
- 2024: ₹3.50 (Interim) + ₹4.50 (Final) = ₹9.50 per share
- 2023: ₹3.00 (Interim) + ₹3.50 (Final) = ₹6.50 per share
- 2022: ₹3.00 (Interim)
Stock Performance of Castrol India (March 13, 2025)
- Opening Price: ₹241
- Day’s High: ₹241.65
- Day’s Low: ₹229.05
- Closing Price: ₹232.3 (Down 3.17% from ₹239.)
While the stock witnessed some volatility, the overall financial growth and attractive dividend payout might support long-term investor confidence.
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DIC India Announces ₹4 Dividend Per Share
DIC India Limited, a leading ink manufacturing company, has also declared a final dividend of ₹4 per equity share for FY 2024. This translates to a 40% payout on shares with a face value of ₹10.
DIC India Dividend Details
- Total Dividend: ₹4 per equity share
- Record Date: March 18, 2025
- AGM Date: March 25, 2025 (Shareholder approval required)
-
DIC India Dividend Payment Date: Expected April 24, 2025
DIC India’s Financial Performance
While the company has remained profitable, its latest quarterly results show a decline in revenue and net profit compared to the previous quarter.
Q4 2024 Results
- Revenue: ₹222.55 crore (Down 9.03% QoQ) from ₹244.64 crore in Q3 2024.
- EBITDA: ₹8.83 crore (Down 34.79% QoQ).
- Net Profit: ₹1.98 crore (Down 68.12% QoQ) from ₹6.21 crore in Q3 2024.
Despite the dip in profitability, the company has continued its tradition of paying dividends, ensuring shareholder returns.
DIC India Dividend History
DIC India has been paying dividends regularly, with fluctuations in the payout amounts.
- 2023: ₹2 per share
- 2022: ₹2 (Final) + ₹3 (Special) = ₹5 per share
- 2021: ₹6 per share
Stock Performance of DIC India (March 13, 2025)
- Opening Price: ₹715.00
- Day’s High: ₹715.00
- Day’s Low: ₹659.95
- Closing Price: ₹670.90 (Down 3.75% from ₹697.05)
Summary: Dividend Payouts a Positive Signal for Investors
With March 18, 2025, set as the record date, shareholders of both Castrol India and DIC India will receive dividend payouts based on their holdings on this date.
Investment Perspective
- Castrol India’s dividend of ₹9.50 per share is a significant reward, reflecting the company’s strong financial growth.
- DIC India’s ₹4 dividend per share remains a stable payout despite recent financial challenges.
For investors, these announcements highlight the companies’ commitment to delivering shareholder value. However, stock performance may still depend on market conditions, future earnings growth, and broader economic factors.
Disclaimer: This content is intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. The information presented is derived from publicly available sources and independent analysis; however, its accuracy or completeness is not guaranteed. Readers are encouraged to conduct their own due diligence and seek guidance from a professional financial advisor before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses or investment actions taken based on this article.