Birla Corporation Limited manufactures and sells cement in India. The company operates through three segments: Cement, Jute, and Others. It offers ordinary Portland, Portland Pozzolana, and Portland slag cement under the MP Birla Cement Perfect Plus, MP Birla Cement Samrat Advanced, MP Birla Cement Ultimate Ultra, MP Birla Cement Unique, MP Birla Cement Samrat, MP Birla Cement Ultimate, MP Birla Cement Chetak, MP Birla Cement PSC, MP Birla Cement MULTICEM, and MP Birla Cement CONCRECEM brands used in bridges, dams, railway sleepers, reservoirs, industrial buildings, marine structures, cooling towers, metro lines, and airport runways. The company also manufactures various jute products, such as jute yarn, floor and wall coverings, lino hessian products, decorative fabrics, nursery cloths, scrims, jute carpets, non-woven jute felts, hydrocarbon-free bags/cloths, D.W. canvas products, carpet backing cloths, hessian cloths/bags, and sacking bags/cloths, which are used in mats, yarns, ropes, bags, carpets, and panama. In addition, it offers iron and steel castings. The company also exports its products. The company was formerly known as Birla Jute Manufacturing Company Limited and changed its name to Birla Corporation Limited in 1998. Birla Corporation Limited was incorporated in 1919 and is based in Kolkata, India.
Birla Dividend Announcement
• Birla announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-07-29
• Birla annual dividend for 2024 was ₹10.00
• Birla annual dividend for 2023 was ₹2.50
• Birla's trailing twelve-month (TTM) dividend yield is 0.78%
• Birla's dividend growth over the last five years (2018-2023) was -17.40% year
• Birla's dividend growth over the last ten years (2013-2023) was -5.71% year
Birla Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-29 | ₹10.00 | annually | 2024-09-05 |
| 2023-08-29 | ₹2.50 | annually | 2023-10-05 |
| 2022-09-19 | ₹10.00 | annually | 2022-10-27 |
| 2021-09-21 | ₹10.00 | annually | 2021-10-29 |
| 2020-08-14 | ₹7.50 | annually | 2020-09-24 |
| 2019-08-05 | ₹7.50 | annually | 2019-08-21 |
| 2018-07-12 | ₹6.50 | annually | 2018-08-19 |
| 2017-07-21 | ₹6.50 | annually | 2017-08-30 |
| 2016-06-30 | ₹6.00 | annually | 2016-08-07 |
| 2015-06-19 | ₹6.00 | annually | 2015-08-01 |
| 2014-08-08 | ₹6.00 | annually | 2014-09-20 |
| 2013-06-25 | ₹4.50 | annually | 2013-08-09 |
Birla Dividend per year
Birla Dividend growth
Birla Dividend Yield
Birla current trailing twelve-month (TTM) dividend yield is 0.78%. Interested in purchasing Birla stock? Use our calculator to estimate your expected dividend yield:
Birla Financial Ratios
P/E ratio31.86
PEG ratio1.21
P/B ratio1.42
ROE4.67%
Payout ratio0.00%
Current ratio1.10
Quick ratio0.72
Cash Ratio0.11
Birla Dividend FAQ
How much is the next Birla dividend?
Birla's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Birla dividend. The next Birla dividend will be released in August.
When is Birla dividend paid?
Birla pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Birla pay?
The specific amount of Birla 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 Birla's dividend history.
Does Birla stock pay dividends?
Yes, Birla 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 Birla's dividend history.
How much dividend does Birla pay?
Birla paid ₹10.0 in 2024, ₹2.5 in 2023, ₹10.0 in 2022, ₹10.0 in 2021, and ₹7.5 in 2020.
How often does Birla pay dividends?
Birla 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 August.
What is Birla's dividend yield?
The current dividend yield for Birla is 0.78%. 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 Birla's exact dividend yield.
When does Birla go ex dividend?
Birla's ex-dividend date for the latest dividend was on 2024-07-29. Birla 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 Birla dividend paid?
Birla pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Birla 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 Birla 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 Birla dividend per share?
Birla paid ₹10.0 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that Birla 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 Birla 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 Birla 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 Birla a dividend stock?
Yes, Birla is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Birla a good dividend stock?
Whether Birla is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Birla has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Birla 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.
Other factors to consider when evaluating Birla 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 Birla pay dividends monthly?
Birla typically pays dividends on a annually basis.
Does Birla pay dividends quarterly?
Birla currently pays dividends on a annually basis.
Has Birla ever paid a dividend?
Yes, Birla has a history of paying dividends to its shareholders. Birla is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Birla dividend stocks?
To buy Birla 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 Birla 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.
Place an order: Use the brokerage's trading platform to place an order to buy Birla 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 Birla pay dividends 2024?
Birla pays dividends on a annually basis. 2024 dividend payments are in 2024-09-05. 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 Birla increase its dividend in 2024?
Decisions regarding Birla 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 Birla dividend overview you can look into the above table of dividend history.
How Birla dividend works?
The Birla 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 Birla's dividend process works:
1. Determination of Dividend: Birla'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, Birla 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, Birla 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 Birla 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. Determination of Dividend: Birla'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, Birla 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, Birla 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 Birla 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 Birla dividends paid?
Birla dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Birla 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, Birla distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Birla 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.
1. Record Date: Birla 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, Birla distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Birla 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 Birla pay dividends?
Birla 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 Birla pay dividends?
The general pattern is that Birla pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Birla dividend safe?
The safety of Birla'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 Birla'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 Birla'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.
To assess the safety of Birla'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 Birla'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.