Patels Airtemp India Ltd. manufactures industrial process plant equipment. It is engaged in the manufacturing and selling of heat exchangers, such as shell and tube type, finned tube type and air cooled heat exchangers, pressure vessels, air-conditioning, and refrigeration equipment. The company was founded in 1973 and is headquartered in Ahmedabad, India.
Patels Airtemp Dividend Announcement
• Patels Airtemp announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-09-12 • Patels Airtemp annual dividend for 2024 was ₹3.00 • Patels Airtemp annual dividend for 2023 was ₹3.00 • Patels Airtemp's trailing twelve-month (TTM) dividend yield is 0.43% • Patels Airtemp's dividend growth over the last five years (2018-2023) was 3.71% year • Patels Airtemp's dividend growth over the last ten years (2013-2023) was 4.14% year
Patels Airtemp current trailing twelve-month (TTM) dividend yield is 0.43%. Interested in purchasing Patels Airtemp stock? Use our calculator to estimate your expected dividend yield:
Patels Airtemp Financial Ratios
P/E ratio26.07
PEG ratio45.50
P/B ratio2.57
ROE10.49%
Payout ratio0.00%
Current ratio1.57
Quick ratio0.71
Cash Ratio0.03
Patels Airtemp Dividend FAQ
How much is the next Patels Airtemp dividend?
Patels Airtemp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Patels Airtemp dividend. The next Patels Airtemp dividend will be released in September.
When is Patels Airtemp dividend paid?
Patels Airtemp pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Patels Airtemp pay?
The specific amount of Patels Airtemp 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 Patels Airtemp's dividend history.
Does Patels Airtemp stock pay dividends?
Yes, Patels Airtemp 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 Patels Airtemp's dividend history.
How much dividend does Patels Airtemp pay?
Patels Airtemp paid ₹3.0 in 2024, ₹3.0 in 2023, ₹2.8 in 2022, ₹2.5 in 2021, and ₹2.5 in 2020.
How often does Patels Airtemp pay dividends?
Patels Airtemp 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 September.
What is Patels Airtemp's dividend yield?
The current dividend yield for Patels Airtemp is 0.43%. 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 Patels Airtemp's exact dividend yield.
When does Patels Airtemp go ex dividend?
Patels Airtemp's ex-dividend date for the latest dividend was on 2024-09-12. Patels Airtemp 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 Patels Airtemp dividend paid?
Patels Airtemp pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Patels Airtemp 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 Patels Airtemp 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 Patels Airtemp dividend per share?
Patels Airtemp paid ₹3.0 per share in 2024 and ₹3.0 per share in 2023. The amount of dividend per share that Patels Airtemp 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 Patels Airtemp 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 Patels Airtemp 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 Patels Airtemp a dividend stock?
Yes, Patels Airtemp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Patels Airtemp a good dividend stock?
Whether Patels Airtemp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Patels Airtemp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Patels Airtemp 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 Patels Airtemp pay dividends monthly?
Patels Airtemp typically pays dividends on a annually basis.
Does Patels Airtemp pay dividends quarterly?
Patels Airtemp currently pays dividends on a annually basis.
Has Patels Airtemp ever paid a dividend?
Yes, Patels Airtemp has a history of paying dividends to its shareholders. Patels Airtemp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Patels Airtemp dividend stocks?
To buy Patels Airtemp 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 Patels Airtemp 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 Patels Airtemp pay dividends 2024?
Patels Airtemp pays dividends on a annually basis. 2024 dividend payments are in 2024-10-21. 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 Patels Airtemp increase its dividend in 2024?
Decisions regarding Patels Airtemp 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 Patels Airtemp dividend overview you can look into the above table of dividend history.
How Patels Airtemp dividend works?
The Patels Airtemp 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 Patels Airtemp's dividend process works:
1. Determination of Dividend: Patels Airtemp'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, Patels Airtemp 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, Patels Airtemp 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 Patels Airtemp 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 Patels Airtemp dividends paid?
Patels Airtemp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Patels Airtemp 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, Patels Airtemp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Patels Airtemp 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 Patels Airtemp pay dividends?
Patels Airtemp 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 Patels Airtemp pay dividends?
The general pattern is that Patels Airtemp pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Patels Airtemp dividend safe?
The safety of Patels Airtemp'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 Patels Airtemp'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 Patels Airtemp'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.