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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | ₹0.05 | semi annually | 2024-10-05 |
2024-02-29 | ₹0.05 | semi annually | |
2009-09-23 | ₹0.10 | semi annually | |
2008-09-11 | ₹0.30 | semi annually | |
2007-09-14 | ₹1.50 | semi annually | |
2006-07-10 | ₹1.20 | semi annually | |
2005-09-08 | ₹1.00 | semi 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
Birla Precision Technologies Dividend FAQ
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.
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