Parag Milk Foods Limited processes, manufactures, and sells milk and milk related products in India. It offers ghee, milk, paneer, curd, butter, dairy whitener, and gulab jamun mix products under the Gowardhan brand; and flavored cheese wedges, spreads, slices, and angles, as well as flavored yoghurt, slim milk, cream, whey, and other products under the Go brand. The company also provides whole milk under the Pride of Cows brand name; flavored milk under the Topp up brand; and sports and nutrition products under the Avvatar brand name, as well as offers lactose products. It also exports its products to the United Arab Emirates, Singapore, Mauritius, Oman, Kuwait, Saudi Arabia, Congo, Hong Kong, the Philippines, Sri Lanka, Bangladesh, Maldives, the United States, Thailand, Nepal, Bhutan, Ghana, Malaysia, Qatar, etc. Parag Milk Foods Limited was founded in 1992 and is headquartered in Mumbai, India.
Parag Milk Foods Dividend Announcement
• Parag Milk Foods announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-04
• Parag Milk Foods annual dividend for 2024 was ₹0.50
• Parag Milk Foods's trailing twelve-month (TTM) dividend yield is 0.25%
Parag Milk Foods Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-04 | ₹0.50 | annually | 2024-10-11 |
| 2021-09-07 | ₹0.50 | annually | 2021-10-15 |
| 2020-09-21 | ₹0.50 | annually | 2020-10-29 |
| 2019-09-20 | ₹1.00 | annually | 2019-10-26 |
| 2018-09-11 | ₹0.75 | annually | 2018-10-18 |
| 2017-08-01 | ₹0.50 | annually | 2017-09-08 |
Parag Milk Foods Dividend per year
Parag Milk Foods Dividend growth
Parag Milk Foods Dividend Yield
Parag Milk Foods current trailing twelve-month (TTM) dividend yield is 0.25%. Interested in purchasing Parag Milk Foods stock? Use our calculator to estimate your expected dividend yield:
Parag Milk Foods Financial Ratios
P/E ratio23.97
PEG ratio0.55
P/B ratio2.50
ROE11.04%
Payout ratio0.00%
Current ratio1.86
Quick ratio1.06
Cash Ratio0.01
Parag Milk Foods Dividend FAQ
How much is the next Parag Milk Foods dividend?
Parag Milk Foods's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Parag Milk Foods dividend. The next Parag Milk Foods dividend will be released in .
When is Parag Milk Foods dividend paid?
Parag Milk Foods pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Parag Milk Foods pay?
The specific amount of Parag Milk Foods 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 Parag Milk Foods's dividend history.
Does Parag Milk Foods stock pay dividends?
Yes, Parag Milk Foods 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 Parag Milk Foods's dividend history.
How much dividend does Parag Milk Foods pay?
Parag Milk Foods paid ₹0.5 in 2024, ₹0.0 in 2023, ₹0.0 in 2022, ₹0.5 in 2021, and ₹0.5 in 2020.
How often does Parag Milk Foods pay dividends?
Parag Milk Foods 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 .
What is Parag Milk Foods's dividend yield?
The current dividend yield for Parag Milk Foods is 0.25%. 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 Parag Milk Foods's exact dividend yield.
When does Parag Milk Foods go ex dividend?
Parag Milk Foods's ex-dividend date for the latest dividend was on 2024-09-04. Parag Milk Foods 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 Parag Milk Foods dividend paid?
Parag Milk Foods pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Parag Milk Foods 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 Parag Milk Foods 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 Parag Milk Foods dividend per share?
Parag Milk Foods paid ₹0.5 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Parag Milk Foods 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 Parag Milk Foods 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 Parag Milk Foods 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 Parag Milk Foods a dividend stock?
Yes, Parag Milk Foods is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Parag Milk Foods a good dividend stock?
Whether Parag Milk Foods is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Parag Milk Foods has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Parag Milk Foods 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.
Other factors to consider when evaluating Parag Milk Foods 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 Parag Milk Foods pay dividends monthly?
Parag Milk Foods typically pays dividends on a annually basis.
Does Parag Milk Foods pay dividends quarterly?
Parag Milk Foods currently pays dividends on a annually basis.
Has Parag Milk Foods ever paid a dividend?
Yes, Parag Milk Foods has a history of paying dividends to its shareholders. Parag Milk Foods is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Parag Milk Foods dividend stocks?
To buy Parag Milk Foods 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 Parag Milk Foods 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.
Place an order: Use the brokerage's trading platform to place an order to buy Parag Milk Foods 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 Parag Milk Foods pay dividends 2024?
Parag Milk Foods pays dividends on a annually basis. 2024 dividend payments are in 2024-10-11. 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 Parag Milk Foods increase its dividend in 2024?
Decisions regarding Parag Milk Foods 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 Parag Milk Foods dividend overview you can look into the above table of dividend history.
How Parag Milk Foods dividend works?
The Parag Milk Foods 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 Parag Milk Foods's dividend process works:
1. Determination of Dividend: Parag Milk Foods'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, Parag Milk Foods 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, Parag Milk Foods 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 Parag Milk Foods 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.
1. Determination of Dividend: Parag Milk Foods'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, Parag Milk Foods 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, Parag Milk Foods 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 Parag Milk Foods 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 Parag Milk Foods dividends paid?
Parag Milk Foods dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Parag Milk Foods 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, Parag Milk Foods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Parag Milk Foods 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.
1. Record Date: Parag Milk Foods 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, Parag Milk Foods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Parag Milk Foods 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 Parag Milk Foods pay dividends?
Parag Milk Foods 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 Parag Milk Foods pay dividends?
The general pattern is that Parag Milk Foods pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Parag Milk Foods dividend safe?
The safety of Parag Milk Foods'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 Parag Milk Foods'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 Parag Milk Foods'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.
To assess the safety of Parag Milk Foods'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 Parag Milk Foods'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.