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Paradeep Phosphates Limited engages in manufacturing, trading, distribution, and sale of complex fertilizers in India. The company offers Di-ammonium phosphate, NPK complex fertilizers, muriate of potash, zypmite, gypsum, industrial products, city compost, hydroflorosilicic acid, ammonia, micronutrient, and other materials. It also markets its by-products and phospho-gypsum for soil conditioners. The company's products are sold through dealers and retailers. Its formulated fertilizers are marketed under the Navratna and Jai Kisaan – Navratna brand names. The company was incorporated in 1981 and is based in Bengaluru, India. Paradeep Phosphates Limited is a subsidiary of Zuari Maroc Phosphates Limited.

Paradeep Phosphates Dividend Announcement

• Paradeep Phosphates announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-17
• Paradeep Phosphates annual dividend for 2024 was ₹0.50
• Paradeep Phosphates annual dividend for 2023 was ₹0.50
• Paradeep Phosphates's trailing twelve-month (TTM) dividend yield is 0.48%

Paradeep Phosphates Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-17₹0.50annually2024-10-25
2023-09-18₹0.50annually2023-10-26

Paradeep Phosphates Dividend per year

Paradeep Phosphates Dividend Yield

Paradeep Phosphates current trailing twelve-month (TTM) dividend yield is 0.48%. Interested in purchasing Paradeep Phosphates stock? Use our calculator to estimate your expected dividend yield:

Paradeep Phosphates Financial Ratios

P/E ratio23.29
PEG ratio0.19
P/B ratio2.25
ROE10.15%
Payout ratio0.00%
Current ratio1.11
Quick ratio0.72
Cash Ratio0.03

Paradeep Phosphates Dividend FAQ

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