Apollo Pipes Limited engages in the manufacturing and trading of polyvinyl chloride (PVC) pipes and fittings under the APL Apollo brand name in India and internationally. The company offers cPVC, uPVC, HDPE, and UPVC pipes and fittings; sprinkler and drainage systems; bath fittings, including faucets, cisterns, showers, seat covers, and other accessories; and solvent cement. Its products are used in urban infrastructure and construction, water management, and agriculture applications. The company was formerly known as Amulya Leasing and Finance Limited and changed its name to Apollo Pipes Limited in December 2017. Apollo Pipes Limited was incorporated in 1985 and is headquartered in New Delhi, India.
Apollo Pipes Dividend Announcement
• Apollo Pipes announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-17 • Apollo Pipes annual dividend for 2024 was ₹1.00 • Apollo Pipes annual dividend for 2023 was ₹0.60 • Apollo Pipes's trailing twelve-month (TTM) dividend yield is 0.2%
Apollo Pipes current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing Apollo Pipes stock? Use our calculator to estimate your expected dividend yield:
Apollo Pipes Financial Ratios
P/E ratio68.10
PEG ratio-10.94
P/B ratio3.27
ROE5.48%
Payout ratio0.00%
Current ratio1.36
Quick ratio0.61
Cash Ratio0.19
Apollo Pipes Dividend FAQ
How much is the next Apollo Pipes dividend?
Apollo Pipes's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Apollo Pipes dividend. The next Apollo Pipes dividend will be released in September.
When is Apollo Pipes dividend paid?
Apollo Pipes pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Apollo Pipes pay?
The specific amount of Apollo Pipes dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Apollo Pipes's dividend history.
Does Apollo Pipes stock pay dividends?
Yes, Apollo Pipes does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Apollo Pipes's dividend history.
How much dividend does Apollo Pipes pay?
Apollo Pipes paid ₹1.0 in 2024, ₹0.6 in 2023, ₹1.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Apollo Pipes pay dividends?
Apollo Pipes typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Apollo Pipes's dividend yield?
The current dividend yield for Apollo Pipes is 0.2%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Apollo Pipes's exact dividend yield.
When does Apollo Pipes go ex dividend?
Apollo Pipes's ex-dividend date for the latest dividend was on 2024-09-17. Apollo Pipes typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Apollo Pipes dividend paid?
Apollo Pipes pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Apollo Pipes increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Apollo Pipes will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Apollo Pipes dividend per share?
Apollo Pipes paid ₹1.0 per share in 2024 and ₹0.6 per share in 2023. The amount of dividend per share that Apollo Pipes pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Apollo Pipes a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Apollo Pipes a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Apollo Pipes a dividend stock?
Yes, Apollo Pipes is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Apollo Pipes a good dividend stock?
Whether Apollo Pipes is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Apollo Pipes has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Apollo Pipes as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Apollo Pipes pay dividends monthly?
Apollo Pipes typically pays dividends on a annually basis.
Does Apollo Pipes pay dividends quarterly?
Apollo Pipes currently pays dividends on a annually basis.
Has Apollo Pipes ever paid a dividend?
Yes, Apollo Pipes has a history of paying dividends to its shareholders. Apollo Pipes is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Apollo Pipes dividend stocks?
To buy Apollo Pipes you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Apollo Pipes stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Apollo Pipes pay dividends 2024?
Apollo Pipes pays dividends on a annually basis. 2024 dividend payments are in 2024-10-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Apollo Pipes increase its dividend in 2024?
Decisions regarding Apollo Pipes dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Apollo Pipes dividend overview you can look into the above table of dividend history.
How Apollo Pipes dividend works?
The Apollo Pipes dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Apollo Pipes's dividend process works:
1. Determination of Dividend: Apollo Pipes's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Apollo Pipes publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Apollo Pipes distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Apollo Pipes are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Apollo Pipes dividends paid?
Apollo Pipes dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Apollo Pipes sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Apollo Pipes distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Apollo Pipes declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Apollo Pipes pay dividends?
Apollo Pipes typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Apollo Pipes pay dividends?
The general pattern is that Apollo Pipes pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Apollo Pipes dividend safe?
The safety of Apollo Pipes's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Apollo Pipes's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Apollo Pipes's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.