Privi Speciality Chemicals Limited (NSE:PRIVISCL) Passed Our Checks, And It's About To Pay A ₹10.00 Dividend Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Privi Speciality Chemicals Limited (NSE:PRIVISCL) is about to go ex-dividend in just three days. The ex-dividend date is commonly two business days before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Meaning, you will need to purchase Privi Speciality Chemicals' shares before the 31st of July to receive the dividend, which will be paid on the 6th of September. The company's next dividend payment will be ₹10.00 per share. Last year, in total, the company distributed ₹10.00 to shareholders. Last year's total dividend payments show that Privi Speciality Chemicals has a trailing yield of 0.3% on the current share price of ₹3595.20. If you buy this business for its dividend, you should have an idea of whether Privi Speciality Chemicals's dividend is reliable and sustainable. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing. Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. Privi Speciality Chemicals has a low and conservative payout ratio of just 12% of its income after tax. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough