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Mahindra EPC Irrigation Limited manufactures and sells micro irrigation systems in India. The company's drip irrigation products include online drip irrigation products, such as drippers and plain lateral products; inline drip irrigation products comprising non PC cylindrical, PC cylindrical, flat, PC flat, and thin wall flat inline products; and drip irrigation components consisting of hydrocylone, sand, screen, and disc filters, as well as header assemblies. Its sprinkler irrigation products comprise sprinkler heads, quick pipe coupling pipes, and rain guns; and bore well, monoblock, and open well submersible pumps. The company also offers HDPE pipes and pipe coils; and landscape and turf irrigation products comprising valves, nozzles, rotors, and spray bodies. In addition, it provides agronomy support, and crop and farm advisory services. Further, it offers specialized pipes for water conveyance and gas distribution. The company also exports its products. The company was formerly known as EPC Industrie Limited and changed its name to Mahindra EPC Irrigation Limited in February 2019. Mahindra EPC Irrigation Limited was incorporated in 1981 and is based in Nashik, India. Mahindra EPC Irrigation Limited is a subsidiary of Mahindra and Mahindra Limited.

Mahindra EPC Irrigation Dividend Announcement

• Mahindra EPC Irrigation announced a annually dividend of ₹1.20 per ordinary share which will be made payable on 2021-08-21. Ex dividend date: 2021-07-14
• Mahindra EPC Irrigation's trailing twelve-month (TTM) dividend yield is -%

Mahindra EPC Irrigation Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-07-14₹1.20annually2021-08-21
2020-07-28₹1.20annually2020-09-02

Mahindra EPC Irrigation Dividend per year

Mahindra EPC Irrigation Dividend Yield

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

Mahindra EPC Irrigation Financial Ratios

P/E ratio-139.82
PEG ratio3.44
P/B ratio1.95
ROE-1.37%
Payout ratio0.00%
Current ratio2.15
Quick ratio1.68
Cash Ratio0.10

Mahindra EPC Irrigation Dividend FAQ

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