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Birla Precision Technologies Ltd. engages in the manufacture of precision cutting tools. The firm operates through the Auto Components and Tooling segments. It products includes work holding products, collet chucks, side lock adapters, twist drillers, center drills, reamers, bearing housing, braking system, hydraulic parts, rotating tool holders, machined castings and precision machined components. The company was founded in 1937 and is headquartered in Mumbai, India.

Birla Precision Technologies Dividend Announcement

Birla Precision Technologies announced a semi annually dividend of ₹0.05 per ordinary share which will be made payable on 2024-10-05. Ex dividend date: 2024-08-30
Birla Precision Technologies annual dividend for 2024 was ₹0.10
Birla Precision Technologies's trailing twelve-month (TTM) dividend yield is 0.16%

Birla Precision Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30₹0.05semi annually2024-10-05
2024-02-29₹0.05semi annually
2009-09-23₹0.10semi annually
2008-09-11₹0.30semi annually
2007-09-14₹1.50semi annually
2006-07-10₹1.20semi annually
2005-09-08₹1.00semi annually

Birla Precision Technologies Dividend per year

Birla Precision Technologies Dividend growth

Birla Precision Technologies Dividend Yield

Birla Precision Technologies current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing Birla Precision Technologies stock? Use our calculator to estimate your expected dividend yield:

Birla Precision Technologies Financial Ratios

P/E ratio49.64
PEG ratio6.92
P/B ratio2.79
ROE5.93%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Birla Precision Technologies Dividend FAQ

Does Birla Precision Technologies stock pay dividends?
Birla Precision Technologies does not currently pay dividends to its shareholders.
Has Birla Precision Technologies ever paid a dividend?
No, Birla Precision Technologies has no a history of paying dividends to its shareholders. Birla Precision Technologies is not known for its dividend payments.
Why doesn't Birla Precision Technologies pay dividends?
There are several potential reasons why Birla Precision Technologies would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Birla Precision Technologies ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Birla Precision Technologies has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Birla Precision Technologies a dividend aristocrat?
Birla Precision Technologies is not considered a Dividend Aristocrat. 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 Precision Technologies a dividend king?
Birla Precision Technologies is not classified as a "Dividend King". 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 Precision Technologies a dividend stock?
No, Birla Precision Technologies is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Birla Precision Technologies stocks?
To buy Birla Precision Technologies 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Birla Precision Technologies 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.