Best Agrolife’s Dividend History summery .Best Agrolife’s Dividend Track Record
| Dividend Announcement Date | Ex-Date | Dividend Type | Dividend (%) | Dividend Price | Dividend % per share |
| 05-Sep-2023 | 20-Sep-2023 | Final | 30 | 3.00 Ruppes | Rs.3.0000 per share (30%) Final Dividend |
| 23-May-2022 | 20-Sep-2022 | Final | 20 | 2.00 Ruppes | Rs.2.0000 per share (30%) Final Dividend |
| 01-July-2021 | 20-Sep-2021 | Final | 20 | 2.00 Ruppes | Rs.2.0000 per share (30%) Final Dividend |
| 07-July-2020 | 18-Sep-2020 | Final | 1 | 0.10 Ruppes | Rs.0.1000 per share (1%) Final Dividend |
| 30-June-2019 | 19-Sep-2019 | Final | 1 | 0.10 Ruppes | Rs.0.1000 per share (1%) Final Dividend |
| 31-June-2018 | 18-Sep-2018 | Final | 1 | 0.10 Ruppes | Rs.0.1000 per share (1%) Final Dividend |
| 05-June-2017 | 19-Sep-2017 | Final | 1 | 0.10 Ruppes | Rs.0.1000 per share (1%) Final Dividend |
| 13-May-2016 | 21-Sep-2016 | Final | 1 | 0.10 Ruppes | Rs.0.1000 per share (1%) Final Dividend |
In the dynamic world of investments, one constant that investors often seek is a company’s commitment to delivering dividends. Best Agrolife, a prominent player in the agricultural sector, has proven itself to be a reliable choice for investors by consistently declaring dividends over the last five years. The most recent announcement for the fiscal year ending March 2023 reveals an equity dividend of 30.00%, amounting to Rs 3 per share. With the current share price at Rs 1163.50, this results in an attractive dividend yield of 0.26%.
Best Agrolife’s Dividend Track Record With share price
Best Agrolife has maintained a steady rhythm of distributing dividends to its shareholders. Let’s delve into the company’s dividend history over the last half-decade:
this information indicates that Best Agrolife has consistently disbursed dividends to its shareholders over the past five years, with a gradual increase in the dividend percentage. The most recent announcement, dated September 5, 2023, reveals that the company will distribute a final dividend of 30% per share, amounting to Rs. 3.00 per share. This announcement is noteworthy for investors, as it not only underscores the financial stability of the company but also highlights its commitment to rewarding its shareholders.
Analysis of the Latest Dividend Declaration
The latest dividend announcement for the fiscal year ending March 2023 is particularly significant. Best Agrolife has declared a generous equity dividend of 30.00%, equivalent to Rs. 3.00 per share. Considering the current share price of Rs. 1163.50, this results in a dividend yield of 0.26%. While this yield may seem modest on the surface, it’s crucial to recognize that dividend yield alone doesn’t provide the full picture.
for Investors
For investors, Best Agrolife’s consistent dividend history and the latest dividend declaration carry several implications:
- Stability and Trustworthiness: Best Agrolife’s dedication to paying dividends over the years signals financial stability and trustworthiness. Investors in search of a dependable income stream can find reassurance in the company’s established track record.
- Long-Term Investment: Best Agrolife’s consistent dividends make it an appealing choice for long-term investors. By reinvesting dividends, shareholders can harness the power of compounding, potentially witnessing their investments grow over time.
- Confidence Indicator: The increase in the dividend percentage compared to the previous year (from 20% to 30%) signifies the company’s confidence in its financial position and future outlook. This display of confidence can elevate investor sentiment.
- Diversification: Best Agrolife’s dividends can serve as a valuable addition to an investor’s diversified portfolio. A blend of investments, including dividend-paying stocks, can help mitigate risk and offer a balanced income stream.
Conclusion
Best Agrolife’s consistent dividend history.