Petronet LNG Limited engages in the import, regasification, and supply of liquefied natural gas (LNG) in India. The company owns and operates a LNG import and regasification terminal with name plate capacity of 17.5 MMTPA located in Dahej, Gujarat; and a LNG terminal with name plate capacity of 5 MMTPA located in Kochi, Kerala. Petronet LNG Limited was incorporated in 1998 and is based in New Delhi, India.
Petronet LNG Dividend Announcement
• Petronet LNG announced a semi annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-10-06. Ex dividend date: 2024-07-12
• Petronet LNG annual dividend for 2024 was ₹3.00
• Petronet LNG annual dividend for 2023 was ₹10.00
• Petronet LNG's trailing twelve-month (TTM) dividend yield is 2.89%
• Petronet LNG's dividend growth over the last ten years (2013-2023) was 14.87% year
Petronet LNG Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-12 | ₹3.00 | semi annually | 2024-10-06 |
| 2023-11-10 | ₹7.00 | semi annually | 2023-11-29 |
| 2023-08-18 | ₹3.00 | semi annually | 2023-10-28 |
| 2022-11-21 | ₹7.00 | semi annually | 2022-12-05 |
| 2022-07-04 | ₹4.50 | semi annually | 2022-10-21 |
| 2021-11-17 | ₹7.00 | semi annually | 2021-12-06 |
| 2021-07-01 | ₹3.50 | semi annually | 2021-10-28 |
| 2020-11-23 | ₹8.00 | semi annually | 2020-12-11 |
| 2020-07-15 | ₹7.00 | semi annually | 2020-10-10 |
| 2019-11-07 | ₹5.50 | semi annually | 2019-11-28 |
| 2019-08-19 | ₹4.50 | semi annually | 2019-09-26 |
| 2018-11-15 | ₹5.50 | semi annually | 2018-12-02 |
| 2018-09-06 | ₹4.50 | semi annually | 2018-10-14 |
| 2017-09-07 | ₹2.50 | semi annually | 2017-10-15 |
| 2016-09-12 | ₹2.50 | semi annually | 2016-10-21 |
| 2015-09-15 | ₹2.00 | semi annually | 2015-10-24 |
| 2014-09-04 | ₹2.00 | semi annually | 2014-10-18 |
| 2013-06-20 | ₹2.50 | semi annually | 2013-08-03 |
Petronet LNG Dividend per year
Petronet LNG Dividend growth
Petronet LNG Dividend Yield
Petronet LNG current trailing twelve-month (TTM) dividend yield is 2.89%. Interested in purchasing Petronet LNG stock? Use our calculator to estimate your expected dividend yield:
Petronet LNG Financial Ratios
P/E ratio13.20
PEG ratio0.78
P/B ratio2.99
ROE23.24%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Petronet LNG Dividend FAQ
How much is the next Petronet LNG dividend?
Petronet LNG's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Petronet LNG dividend. The next Petronet LNG dividend will be released in August, or November.
When is Petronet LNG dividend paid?
Petronet LNG pays dividends on a semi annually basis. The specific dates may vary each year but are generally around August, and November. 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 Petronet LNG pay?
The specific amount of Petronet LNG 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 Petronet LNG's dividend history.
Does Petronet LNG stock pay dividends?
Yes, Petronet LNG 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 Petronet LNG's dividend history.
How much dividend does Petronet LNG pay?
Petronet LNG paid ₹3.0 in 2024, ₹10.0 in 2023, ₹11.5 in 2022, ₹10.5 in 2021, and ₹15.0 in 2020.
How often does Petronet LNG pay dividends?
Petronet LNG typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around August, and November.
What is Petronet LNG's dividend yield?
The current dividend yield for Petronet LNG is 2.89%. 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 Petronet LNG's exact dividend yield.
When does Petronet LNG go ex dividend?
Petronet LNG's ex-dividend date for the latest dividend was on 2024-07-12. Petronet LNG 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 Petronet LNG dividend paid?
Petronet LNG pays dividends on a semi annually basis, typically around August, or November, but the exact dates can vary each year.
Will Petronet LNG 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 Petronet LNG 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 Petronet LNG dividend per share?
Petronet LNG paid ₹3.0 per share in 2024 and ₹10.0 per share in 2023. The amount of dividend per share that Petronet LNG 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 Petronet LNG 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 Petronet LNG 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 Petronet LNG a dividend stock?
Yes, Petronet LNG is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Petronet LNG a good dividend stock?
Whether Petronet LNG is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Petronet LNG has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Petronet LNG 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 Petronet LNG 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 Petronet LNG pay dividends monthly?
Petronet LNG typically pays dividends on a semi annually basis.
Does Petronet LNG pay dividends quarterly?
Petronet LNG currently pays dividends on a semi annually basis.
Has Petronet LNG ever paid a dividend?
Yes, Petronet LNG has a history of paying dividends to its shareholders. Petronet LNG is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Petronet LNG dividend stocks?
To buy Petronet LNG 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 Petronet LNG 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 Petronet LNG 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 Petronet LNG pay dividends 2024?
Petronet LNG pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-06. 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 Petronet LNG increase its dividend in 2024?
Decisions regarding Petronet LNG 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 Petronet LNG dividend overview you can look into the above table of dividend history.
How Petronet LNG dividend works?
The Petronet LNG 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 Petronet LNG's dividend process works:
1. Determination of Dividend: Petronet LNG'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, Petronet LNG 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, Petronet LNG 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 Petronet LNG 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: Petronet LNG'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, Petronet LNG 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, Petronet LNG 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 Petronet LNG 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 Petronet LNG dividends paid?
Petronet LNG dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Petronet LNG 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, Petronet LNG distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Petronet LNG 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: Petronet LNG 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, Petronet LNG distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Petronet LNG 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 Petronet LNG pay dividends?
Petronet LNG typically pays dividends on a semi 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 Petronet LNG pay dividends?
The general pattern is that Petronet LNG pays dividends around August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Petronet LNG dividend safe?
The safety of Petronet LNG'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 Petronet LNG'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 Petronet LNG'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 Petronet LNG'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 Petronet LNG'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.