Image Source: The Economic Times
Clean Science and Technology Ltd, a leading specialty chemicals manufacturer, has reinforced its commitment to shareholder returns by declaring a total dividend of ₹4 per share for the financial year 2024-25. The payout comes through a combination of interim and final dividends, reflecting the company’s robust profitability, prudent capital allocation, and steady growth in a competitive sector.
Dividend Declaration:
For FY25, Clean Science and Technology has declared a total dividend of ₹4 per share, split between an interim dividend of ₹2 (record date: February 7, 2025) and a final dividend of ₹2, as per the latest board announcements.
Consistent Dividend Growth:
The company has maintained a strong track record of regular and growing dividends, with payouts of ₹5 per share in FY24 (₹2 interim + ₹3 final) and ₹5.25 in FY23. The current year’s dividend continues this trend, rewarding shareholders for their confidence in the company’s long-term prospects.
Dividend Yield and Coverage:
At a current share price of around ₹1,176, the dividend yield stands at approximately 0.34%, which, while modest, is well supported by a low payout ratio of about 20%—indicating ample room for reinvestment and future growth. The dividends are comfortably covered by earnings, highlighting the company’s financial discipline and sustainable payout policy.
Record and Payment Dates:
The interim dividend was paid to shareholders on record as of February 7, 2025, and the final dividend is expected to be distributed following the company’s annual general meeting later in the year.
Sector and Market Context:
Clean Science and Technology’s consistent dividend payouts stand out in the specialty chemicals sector, where volatility in raw material prices and global demand can impact earnings. The company’s ability to maintain stable and growing dividends is a testament to its operational resilience and strong cash flows.
Insight
Clean Science and Technology’s ₹4 per share dividend for FY25 underscores its commitment to delivering value to shareholders, even as it continues to invest in innovation and global expansion. The company’s prudent payout policy, robust balance sheet, and focus on high-margin specialty products position it well for sustained growth in the years ahead.
Source: INDmoney, Moneycontrol, BlinkX, [Goodreturns, [ICICI Direct, ET Money
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