company-logo

HP Adhesives Limited manufactures and markets consumer adhesives and sealants products in India. Its products include PVC, cPVC and uPVC, solvent cement, synthetic rubber adhesive, PVA adhesives, silicone sealant, acrylic sealant, gasket shellac, other sealants, and PVC pipe lubricant. The company also offer ancillary products, such as ball valves, thread seal, and other tapes and FRP products for drainage and architectural solutions. It sells its products through a network of distributors in India; and exports its products through a network of distributors and direct customers. The company was founded in 1987 and is based in Mumbai, India.

HP Adhesives Dividend Announcement

HP Adhesives announced a annually dividend of ₹0.30 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-13
HP Adhesives annual dividend for 2024 was ₹0.30
HP Adhesives's trailing twelve-month (TTM) dividend yield is 0.36%

HP Adhesives Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13₹0.30annually2024-10-18

HP Adhesives Dividend per year

HP Adhesives Dividend Yield

HP Adhesives current trailing twelve-month (TTM) dividend yield is 0.36%. Interested in purchasing HP Adhesives stock? Use our calculator to estimate your expected dividend yield:

HP Adhesives Financial Ratios

P/E ratio38.48
PEG ratio-1.35
P/B ratio4.54
ROE12.19%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

HP Adhesives Dividend FAQ

Does HP Adhesives stock pay dividends?
HP Adhesives does not currently pay dividends to its shareholders.
Has HP Adhesives ever paid a dividend?
No, HP Adhesives has no a history of paying dividends to its shareholders. HP Adhesives is not known for its dividend payments.
Why doesn't HP Adhesives pay dividends?
There are several potential reasons why HP Adhesives 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 HP Adhesives 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 HP Adhesives 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 HP Adhesives a dividend aristocrat?
HP Adhesives 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 HP Adhesives a dividend king?
HP Adhesives 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 HP Adhesives a dividend stock?
No, HP Adhesives 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 HP Adhesives stocks?
To buy HP Adhesives 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 HP Adhesives 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.