Best dividend paying cement stocks in india 2023

Cement companies

UltraTech Cement Ltd.

Dividend paying cement stocks in 2023 ,UltraTech Cement Ltd is one of the largest and leading cement companies in India and also ranks among the top cement producers in the world. Established in 1983, UltraTech Cement is a part of the Aditya Birla Group, a conglomerate with a strong global presence across various industries. The company’s headquarters is located in Mumbai, Maharashtra, India

Announcement Date Ex-Date Dividend Type Dividend (%) Dividend (Rs) Remarks
28-04-2023 27-07-2023 Final 380 38.00 Rs.38 / Share

The Ramco Cements Ltd.

Ramco Cements is renowned for producing high-quality cement and other related products. The company operates multiple cement plants across India, including grinding units, and has a strong distribution network that caters to various regions. The company’s manufacturing facilities are equipped with advanced technology and adhere to stringent quality standards, ensuring the production of top-notch cement products.

Announcement Date Ex-Date Dividend Type Dividend (%) Dividend (Rs) Remarks
22-05-2023 03-08-2023 Final 200 2.00 Rs.2 / Share  

 Ambuja Cements Ltd.

One of the world’s largest cement producers. The company operates cement manufacturing plants and grinding units across various locations in India. Ambuja Cements is widely recognized for its commitment to producing environmentally friendly and energy-efficient cement products.

Announcement Date Ex-Date Dividend Type Dividend (%) Dividend (Rs) Remarks
02-05-2023 07-07-2023 Final 125 2.50 Rs.2.5 / Share

Shree Cements Ltd.

Dividend paying cement stocks in 2023,The company has gained a strong reputation for its commitment to quality and innovation. Shree Cements invests in advanced technology and modern equipment, ensuring the production of high-quality cement products that meet international standards. Its focus on research and development has led to the introduction of innovative products and construction solutions.

Announcement Date Ex-Date Dividend Type Dividend (%) Dividend (Rs) Remarks
08-05-2023 01-06-2023 Interim 550 55.00 Rs.55 / Share
16-01-2023 16-02-2023 Interim 450 45.00 Rs.45 / Share

Dalmia Bharat Ltd.

The top cement manufacturers in India. The company operates multiple cement plants across the country, producing a wide range of cement products, including Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and specialized blends to cater to diverse construction needs. Dalmia Bharat is renowned for its high-quality cement, advanced manufacturing techniques, and efficient distribution network.

Announcement Date Ex-Date Dividend Type Dividend (%) Dividend (Rs) Remarks
12-10-2023 20-10-2023 Interim 200 4.00 Rs.4 / Share
25-04-2023 23-06-2023 Final 250 5.00 Rs.5 / Share

Dividend calculation-2023

 

Company name

 

Dividend

     (%)

 

Dividend

Amount

 

No.of share you hold

 

Amount of

Dividend you get

 

UltraTech Cement Ltd

 

 380%  Rs.38  1000  Rs.38,000
 

The Ramco Cements Ltd

 

 200%  Rs.2  1000  Rs.2,000
 

Ambuja Cements Ltd

 

 125%  Rs.2.50  1000  Rs.2,500
 

Shree Cements Ltd

 

 1000%  Rs.100  1000  Rs.1,00,000
 

Dalmia Bharat Ltd

 

 450%  Rs.9  1000  Rs.9000

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