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Asian Paints Limited, together with its subsidiaries, manufactures, sells, and distributes paints and coatings for decorative and industrial use in India and internationally. It operates in Paints and Home Improvement segments. The company offers decorative coatings for interior and exterior walls, metal finishes, and wood finishes; paints; wall coverings; textures painting aid; waterproofing; wall stickers; mechanised tools; adhesives; modular kitchens; wardrobes; bath fittings and sanitaryware; home décor products; sanitizers and surface disinfectants; furniture, furnishings; and lightings, as well as enamels and thinners. The company offers its products under the Asian Paints, Apco Coatings, Asian Paints Berger, Asian Paints Causeway, SCIB Paints, Taubmans, and Kadisco Asian Paints through a network of dealers and retail stores, as well as operates asianpaints.com, an online shop. Asian Paints Limited was founded in 1942 and is headquartered in Mumbai, India.
Asian Paints Dividend Announcement
• Asian Paints announced a semi annually dividend of ₹4.25 per ordinary share which will be made payable on 2024-12-09. Ex dividend date: 2024-11-19
• Asian Paints annual dividend for 2024 was ₹32.40
• Asian Paints annual dividend for 2023 was ₹26.40
• Asian Paints's trailing twelve-month (TTM) dividend yield is 1.35%
• Asian Paints's dividend growth over the last five years (2018-2023) was 24.29% year
• Asian Paints's dividend growth over the last ten years (2013-2023) was -3.47% year
Asian Paints Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-19 | ₹4.25 | semi annually | 2024-12-09 |
2024-06-11 | ₹28.15 | semi annually | 2024-07-25 |
2023-11-03 | ₹5.15 | semi annually | 2023-11-25 |
2023-06-09 | ₹21.25 | semi annually | 2023-07-27 |
2022-10-31 | ₹4.40 | semi annually | 2022-11-19 |
2022-06-09 | ₹15.50 | semi annually | 2022-07-29 |
2021-10-28 | ₹3.65 | semi annually | 2021-11-20 |
2021-06-10 | ₹14.50 | semi annually | 2021-07-02 |
2020-10-28 | ₹3.35 | semi annually | 2020-11-21 |
2020-07-23 | ₹1.50 | semi annually | 2020-09-04 |
2020-03-03 | ₹7.15 | semi annually | 2020-03-26 |
2019-10-30 | ₹3.35 | semi annually | 2019-11-21 |
2019-06-13 | ₹7.65 | semi annually | 2019-06-28 |
2018-10-29 | ₹2.85 | semi annually | 2018-11-01 |
2018-06-14 | ₹6.05 | semi annually | 2018-07-26 |
2017-10-31 | ₹2.65 | semi annually | 2017-11-03 |
2017-06-15 | ₹5.65 | semi annually | 2017-07-27 |
2016-11-01 | ₹2.65 | semi annually | |
2016-06-16 | ₹5.30 | semi annually | 2016-07-28 |
2015-10-28 | ₹2.20 | semi annually | 2015-11-22 |
2015-06-24 | ₹4.30 | semi annually | 2015-08-03 |
2014-09-22 | ₹1.80 | semi annually | 2014-10-17 |
2014-06-16 | ₹4.20 | semi annually | 2014-07-26 |
2013-10-24 | ₹1.10 | semi annually | 2013-11-20 |
2013-06-06 | ₹36.50 | semi annually | 2013-06-25 |
Asian Paints Dividend per year
Asian Paints Dividend growth
Asian Paints Dividend Yield
Asian Paints current trailing twelve-month (TTM) dividend yield is 1.35%. Interested in purchasing Asian Paints stock? Use our calculator to estimate your expected dividend yield:
Asian Paints Financial Ratios
Asian Paints Dividend FAQ
Other factors to consider when evaluating Asian Paints 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.
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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.
1. Determination of Dividend: Asian Paints'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, Asian Paints 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, Asian Paints 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 Asian Paints 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.
1. Record Date: Asian Paints 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, Asian Paints distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Asian Paints 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.
To assess the safety of Asian Paints'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 Asian Paints'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.