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Kirloskar Pneumatic Co. Ltd. engages in the manufacture and sale of air compressors and pneumatic tools. It operates through the Compression Systems segment. The Compression Systems segment designs and supplies air, gas, and refrigeration compressors, as well as packages and systems. The company was founded by Shantanurao L. Kirloskar on March 26, 1958 and is headquartered in Pune, India.

Kirloskar Pneumatic Co Dividend Announcement

Kirloskar Pneumatic Co announced a semi annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-08-19. Ex dividend date: 2024-07-12
Kirloskar Pneumatic Co annual dividend for 2024 was ₹6.50
Kirloskar Pneumatic Co annual dividend for 2023 was ₹3.00
Kirloskar Pneumatic Co's trailing twelve-month (TTM) dividend yield is 0.4%

Kirloskar Pneumatic Co Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-12₹4.00semi annually2024-08-19
2024-02-06₹2.50semi annually
2023-07-12₹3.00semi annually2023-08-19

Kirloskar Pneumatic Co Dividend per year

Kirloskar Pneumatic Co Dividend Yield

Kirloskar Pneumatic Co current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing Kirloskar Pneumatic Co stock? Use our calculator to estimate your expected dividend yield:

Kirloskar Pneumatic Co Financial Ratios

P/E ratio55.23
PEG ratio0.55
P/B ratio10.25
ROE26.42%
Payout ratio0.00%
Current ratio2.37
Quick ratio1.78
Cash Ratio0.14

Kirloskar Pneumatic Co Dividend FAQ

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