Styrenix Performance Materials dividend calculator – Styrenix Performance Materials Ltd Declares 80.0 Cash Dividend
March 19, 2023
Dividends Yield
Styrenix Performance Materials ($BSE:506222) Ltd recently announced that on March 17th, 2023, it will be issuing a cash dividend of 80.0. If you are looking to invest in stocks that offer a regular dividend income, then Styrenix Performance Materials could be a great option for you. The company has issued an annual dividend per share of 105.0 and 10.0 Indian Rupees over the past two years, and the yields for these dividends have ranged from 11.74% to 0.79% over this period. This has resulted in an average dividend yield of 6.26%.
The ex-dividend date for this stock is set for March 24th, 2023. This dividend announcement is good news for investors who are seeking a regular income from their investments, and this dividend could potentially help to generate consistent returns in the future. This is especially the case if the company continues to pay out such dividends in the near future.
Market Price
The stock opened at INR861.0 and closed at INR879.0, up from the previous closing price of INR837.3. The hefty dividend highlights the company’s commitment to rewarding its shareholders for their loyalty. This is yet another sign that Styrenix Performance Materials Ltd is in a strong financial position and continues to be a reliable source of steady income for its investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Styrenix Performance Materials. More…
| Total Revenues | Net Income | Net Margin |
| 23.76k | 2.4k | 11.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Styrenix Performance Materials. More…
| Operations | Investing | Financing |
| 1.91k | 829.41 | -4.12k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Styrenix Performance Materials. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.13k | 3.3k | 444.92 |
Key Ratios Snapshot
Some of the financial key ratios for Styrenix Performance Materials are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.8% | 147.4% | 13.6% |
| FCF Margin | ROE | ROA |
| 7.1% | 25.9% | 18.2% |
Analysis – Styrenix Performance Materials Intrinsic Value
At GoodWhale, we have conducted a detailed analysis of STYRENIX PERFORMANCE MATERIALS’s fundamentals. Our proprietary Valuation Line indicates that the fair value of STYRENIX PERFORMANCE MATERIALS share is around INR1090.4. However, the stock is currently being traded at just INR879.0 – a price that reflects an undervaluation of 19.4%. This suggests that STYRENIX PERFORMANCE MATERIALS is currently trading at a price that is lower than its true worth. Therefore, this could present an attractive investment opportunity for those looking to benefit from the current market conditions. More…
Peers
Styrenix Performance Materials Ltd is one of the leading manufacturers of specialty performance materials used in various industries. Founded in 1995, the company has expanded its range of products and services to include thermoplastics, elastomers, and adhesives. All of these companies offer high-quality performance materials and strive to provide the best possible solutions to their customers.
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– Kkalpana Industries (India) Ltd ($BSE:526409)
Kkalpana Industries (India) Ltd is a leading Indian manufacturing company that produces a wide range of products for the automotive, industrial, and consumer markets. As of 2023, the company has a market cap of 1.12B, indicating its success in the industry. The company’s strong financial performance is highlighted by its Return on Equity of 10.93%. This indicates that the company is generating value for its shareholders, making it an attractive investment opportunity.
Summary
Styrenix Performance Materials is an attractive option for investors seeking regular dividend income. Over the past two years, the company has paid out an annual dividend of 105.0 INR and 10.0 INR per share, resulting in a yield of 11.74% to 0.79% respectively. With an average yield of 6.26%, it is recommended that investors analyze the company’s financial statements and projections before deciding whether or not to invest. Fundamental and technical analysis should be conducted to ensure a secure and profitable investment.
