Highest Dividend Paying Fertilizer Stocks in India 2023:
Highest dividend paying fertilizer companies stocks in India 2023 are Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), Tata Chemicals Limited (TCL), Gujarat State Fertilizers & Chemicals Limited (GSFC), Coromandel International Limited (CIL), Rashtriya Chemicals and Fertilisers Ltd (RCF), Aries Agro Ltd (AAL). Above all the industries mentioned here, consequently gives dividend shares for the recent five years.
GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS (GNFC)
Introduction:
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) is an Indian manufacturer of fertilizers and chemicals. GNFC was founded in 1976, jointly promoted by the Government of Gujarat and the Gujarat State Fertilizers and Chemicals (GSFC).
| Year | 2023 |
| Dividend (%) | 300 |
| Dividend type | Final |
| Face Value | 10 |
| Dividend Amount (RS) | 30.00 |
| Ex.Date | 18-09-2023 |
Investor Calculation:
| No.of.Shares | Dividend Amount/Shares (Rs) | Total Amount |
| 100 | 30.00 | 3,000 |
| 1000 | 30.00 | 30,000 |
TATA CHEMICALS LTD
Introduction:
Tata Chemicals Limited is an Indian multinational corporation with interests in chemicals, crop protection and specialty chemistry products. The company is headquartered in Mumbai. And it has operations across India, Europe, North America and Africa. Tata Chemicals is a part of the Tata Group. And its shares are traded on the NSE and BSE.
| Year | 2023 |
| Dividend (%) | 175 |
| Dividend type | Final |
| Face Value | 10 |
| Dividend Amount (RS) | 17.50 |
| Ex.Date | 14-06-2023 |
Investor Calculation:
| No.of.Shares | Dividend Amount/Shares (Rs) | Total Amount |
| 100 | 17.50 | 1,750 |
| 1000 | 17.50 | 17,500 |
GUJARAT STATE FERTILIZERS & CHEMICALS LTD
Introduction:
Gujarat State Fertilizers & Chemicals Limited (GSFC) is an Indian chemicals and fertilizers manufacturer, owned by the Government of Gujarat. GSFC was founded in 1962 and has its headquarters in Vadodara on the Ahmedabad Vadodara Expressway. It was also the first industrial project to secure direct and active equity participation of farmers, the first fertilizer unit to get assistance from IDBI’s.
| Year | 2023 |
| Dividend (%) | 500 |
| Dividend type | Final |
| Face Value | 2 |
| Dividend Amount (RS) | 10.00 |
| Ex.Date | 07-09-2023 |
Investor Calculation:
| No.of.Shares | Dividend Amount/Shares (Rs) | Total Amount |
| 100 | 10 | 1,000 |
| 1000 | 10 | 10,000 |
COROMANDEL INTERNATIONAL LTD
Introduction:
Coromandel International Limited is an Indian crop protection corporation. It has founded in the early 1960s by IMC and Chevron Companies and EID Parry, headquartered in Hyderabad. Originally named Coromandel Fertilisers, the company makes fertilizer, pesticides, and specialty nutrients. Coromandel International is part of Murugappa Group and a subsidiary of EID Parry, which holds 62.82% of the company’s equity. The company has sixteen manufacturing units located in Andhra Pradesh, Tamil Nadu, Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Uttar Pradesh and Jammu and Kashmir.
| Year | 2023 |
| Dividend (%) | 600 |
| Dividend type | Final |
| Face Value | 1 |
| Dividend Amount (RS) | 6.00 |
| Ex.Date | 14-07-2023 |
Investor Calculation:
| No.of.Shares | Dividend Amount/Shares (Rs) | Total Amount |
| 100 | 6.00 | 600 |
| 1000 | 6.00 | 6,000 |
RASHTRIYA CHEMICALS AND FERTILISERS LTD
Introduction:
RCF is a leading fertilizer and chemical manufacturing company in India in the Public Sector. It has established on 6th March, 1978 on the reorganization of erstwhile Fertilizer Corporation of India Ltd. It is under the ownership of Government of India and administrative control of Ministry of Chemicals and Fertilizers and is based in Mumbai.
| Year | 2023 |
| Dividend (%) | 37 |
| Dividend type | Final |
| Face Value | 10 |
| Dividend Amount (RS) | 3.70 |
| Ex.Date | 13-12-2023 |
Investor Calculation:
| No.of.Shares | Dividend Amount/Shares (Rs) | Total Amount |
| 100 | 3.70 | 370 |
| 1000 | 3.70 | 3,700 |
ARIES AGRO
Introduction:
Aries Agro Ltd was founded by Dr. T. B. Mirchandani and Mrs. Bala Mirchandani in 1969. Aries was started as a small company with a tiny office and a small factory at Andheri, Mumbai. Aries Agro Ltd has 4 manufacturing plants at Mumbai, Hyderabad, Bangalore, and Kolkata.
| Year | 2023 |
| Dividend (%) | 10 |
| Dividend type | Final |
| Face Value | 10 |
| Dividend Amount (RS) | 1.00 |
| Ex.Date | 22-09-2023 |
Investor Calculation:
| No.of.Shares | Dividend Amount/Shares (Rs) | Total Amount |
| 100 | 1.00 | 100 |
| 1000 | 1.00 | 1,000 |
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