PPL
Prakash Pipes Ltd
₹388.25
Prakash Pipes Ltd Dividend 2024 : Should Prakash Pipes Ltd be a part of your dividend portfolio?
Prakash Pipes Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹929.95Cr. Its share price is ₹388.25 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Prakash Pipes Ltd gave ₹1.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as Prakash Pipes Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Prakash Pipes Ltd has declared dividend of ₹1.20 - translating a dividend yield of 0.31%.
Let's look at Prakash Pipes Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Prakash Pipes Ltd’s revenue were ₹162.63Cr in the quarter ending December 2023. The revenuefell by -6.16% year on year basis since last quarter.
- Prakash Pipes Ltd’s profits were ₹23.14Cr in the quarter ending December 2023. The profits grew by 72.3% year on year basis since last quarter.
- Prakash Pipes Ltd’s dividend was ₹1.20 in the quarter ending March 2023.
Prakash Pipes Ltd Dividend related ratios:
- Last dividend date: 23/05/2023
- Current Dividend Yield: 0.31%
- Annual dividend payment: ₹1.20
History of Prakash Pipes Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
18/09/2023 | CASH | ₹1.20 | 23/05/2023 | 19/09/2023 |
13/09/2022 | CASH | ₹1.20 | 09/05/2022 | 15/09/2022 |
14/09/2021 | CASH | ₹1.20 | 17/05/2021 | 16/09/2021 |
15/09/2020 | CASH | ₹1.20 | 27/06/2020 | 17/09/2020 |
20/09/2019 | CASH | ₹1.20 | 24/04/2019 | 24/09/2019 |
