company-logo

Menon Pistons Ltd. engages in the manufacture of automobile components. It includes pistons, gudgeon pins, rings, and auto shafts. The company was founded by Ram Menon in 1969 and is headquartered in Kolhapur, India.

Menon Pistons Dividend Announcement

Menon Pistons announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-05
Menon Pistons annual dividend for 2024 was ₹1.00
Menon Pistons annual dividend for 2023 was ₹1.00
Menon Pistons's trailing twelve-month (TTM) dividend yield is 1.28%
Menon Pistons's dividend growth over the last five years (2018-2023) was 10.76% year
Menon Pistons's dividend growth over the last ten years (2013-2023) was -6.70% year

Menon Pistons Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-05₹1.00annually2024-09-12
2023-08-02₹1.00annually2023-09-09
2022-08-01₹0.75annually2022-09-08
2021-07-20₹1.00annually
2020-03-18₹0.45annually2020-04-10
2019-07-18₹0.75annually2019-08-26
2018-07-11₹0.60annually2018-08-23
2017-07-13₹0.50annually2017-08-21
2016-03-18₹4.00annually
2015-07-22₹4.00annually
2014-07-16₹1.50annually
2013-08-22₹2.00annually

Menon Pistons Dividend per year

Menon Pistons Dividend growth

Menon Pistons Dividend Yield

Menon Pistons current trailing twelve-month (TTM) dividend yield is 1.28%. Interested in purchasing Menon Pistons stock? Use our calculator to estimate your expected dividend yield:

Menon Pistons Financial Ratios

P/E ratio15.70
PEG ratio0.23
P/B ratio2.70
ROE18.36%
Payout ratio0.00%
Current ratio2.48
Quick ratio1.84
Cash Ratio0.15

Menon Pistons Dividend FAQ

How much is the next Menon Pistons dividend?
Menon Pistons's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Menon Pistons dividend. The next Menon Pistons dividend will be released in August.
When is Menon Pistons dividend paid?
Menon Pistons pays dividends on a annually basis. The specific dates may vary each year but are generally around August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Menon Pistons pay?
The specific amount of Menon Pistons dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Menon Pistons's dividend history.
Does Menon Pistons stock pay dividends?
Yes, Menon Pistons does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Menon Pistons's dividend history.
How much dividend does Menon Pistons pay?
Menon Pistons paid ₹1.0 in 2024, ₹1.0 in 2023, ₹0.75 in 2022, ₹1.0 in 2021, and ₹0.45 in 2020.
How often does Menon Pistons pay dividends?
Menon Pistons typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is Menon Pistons's dividend yield?
The current dividend yield for Menon Pistons is 1.28%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Menon Pistons's exact dividend yield.
When does Menon Pistons go ex dividend?
Menon Pistons's ex-dividend date for the latest dividend was on 2024-08-05. Menon Pistons typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Menon Pistons dividend paid?
Menon Pistons pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Menon Pistons increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Menon Pistons will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Menon Pistons dividend per share?
Menon Pistons paid ₹1.0 per share in 2024 and ₹1.0 per share in 2023. The amount of dividend per share that Menon Pistons pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Menon Pistons a dividend aristocrat?
No, 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 Menon Pistons a dividend king?
No, 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 Menon Pistons a dividend stock?
Yes, Menon Pistons is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Menon Pistons a good dividend stock?
Whether Menon Pistons is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Menon Pistons has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Menon Pistons as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Menon Pistons pay dividends monthly?
Menon Pistons typically pays dividends on a annually basis.
Does Menon Pistons pay dividends quarterly?
Menon Pistons currently pays dividends on a annually basis.
Has Menon Pistons ever paid a dividend?
Yes, Menon Pistons has a history of paying dividends to its shareholders. Menon Pistons is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Menon Pistons dividend stocks?
To buy Menon Pistons 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Menon Pistons 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.
When does Menon Pistons pay dividends 2024?
Menon Pistons pays dividends on a annually basis. 2024 dividend payments are in 2024-09-12. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Menon Pistons increase its dividend in 2024?
Decisions regarding Menon Pistons dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Menon Pistons dividend overview you can look into the above table of dividend history.
How Menon Pistons dividend works?
The Menon Pistons dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Menon Pistons's dividend process works:

1. Determination of Dividend: Menon Pistons's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Menon Pistons publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Menon Pistons distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Menon Pistons are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Menon Pistons dividends paid?
Menon Pistons dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Menon Pistons sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Menon Pistons distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Menon Pistons declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Menon Pistons pay dividends?
Menon Pistons typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Menon Pistons pay dividends?
The general pattern is that Menon Pistons pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Menon Pistons dividend safe?
The safety of Menon Pistons's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Menon Pistons's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Menon Pistons's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.