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The Phoenix Mills Limited engages in the operation and management of malls, construction of commercial and residential properties, and hotel business in India. The company operates in two segments, Property and Related Services, and Hospitality. Its real estate asset portfolio consists of retail mall, commercial office, residential, and hospitality projects located in Mumbai, Chennai, Bengaluru, Pune, Kolkata, Lucknow, Bareilly, Agra, Ahmedabad, and Indore. The company owns and operates hotels under The St. Regis name with 395 keys and ten restaurants in Mumbai; and Courtyard by Marriott brand name with 193 keys and four restaurants in Agra. It operates malls primarily under the Phoenix MarketCity, Phoenix Palladium, Phoenix United, and Phoenix Palassio brand names. The Phoenix Mills Limited was incorporated in 1905 and is based in Mumbai, India.

Phoenix Mills Dividend Announcement

Phoenix Mills announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-10-13. Ex dividend date: 2024-08-20
Phoenix Mills annual dividend for 2024 was ₹5.00
Phoenix Mills annual dividend for 2023 was ₹10.00
Phoenix Mills's trailing twelve-month (TTM) dividend yield is 0.15%
Phoenix Mills's payout ratio for the trailing twelve months (TTM) is 8.52%

Phoenix Mills Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-20₹5.00annually2024-10-13
2023-09-15₹10.00annually2023-10-22
2022-09-12₹4.80annually2022-10-20
2021-09-16₹1.00annually2021-10-24
2019-09-17₹3.00annually2019-10-24
2018-09-11₹5.20annually2018-09-30
2017-09-18₹2.40annually2017-10-25
2016-08-31₹0.45annually2016-10-08
2016-03-17₹1.75annually2016-04-07
2015-09-02₹4.40annually2015-10-09
2014-08-13₹4.40annually2014-09-25
2013-08-12₹2.20annually2013-09-20
2012-08-10₹2.00annually2012-09-20

Phoenix Mills Dividend per year

Phoenix Mills Dividend growth

Phoenix Mills Dividend Yield

Phoenix Mills current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Phoenix Mills stock? Use our calculator to estimate your expected dividend yield:

Phoenix Mills Financial Ratios

P/E ratio42.21
PEG ratio-2.75
P/B ratio4.46
ROE9.72%
Payout ratio8.52%
Current ratio1.33
Quick ratio0.98
Cash Ratio0.09

Phoenix Mills Dividend FAQ

How much is the next Phoenix Mills dividend?
Phoenix Mills's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Phoenix Mills dividend. The next Phoenix Mills dividend will be released in September.
When is Phoenix Mills dividend paid?
Phoenix Mills 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 Phoenix Mills pay?
The specific amount of Phoenix Mills 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 Phoenix Mills's dividend history.
Does Phoenix Mills stock pay dividends?
Yes, Phoenix Mills 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 Phoenix Mills's dividend history.
How much dividend does Phoenix Mills pay?
Phoenix Mills paid ₹5.0 in 2024, ₹10.0 in 2023, ₹4.8 in 2022, ₹1.0 in 2021, and ₹0.0 in 2020.
How often does Phoenix Mills pay dividends?
Phoenix Mills 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 Phoenix Mills's dividend yield?
The current dividend yield for Phoenix Mills is 0.15%. 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 Phoenix Mills's exact dividend yield.
When does Phoenix Mills go ex dividend?
Phoenix Mills's ex-dividend date for the latest dividend was on 2024-08-20. Phoenix Mills 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 Phoenix Mills dividend paid?
Phoenix Mills pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Phoenix Mills 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 Phoenix Mills 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 Phoenix Mills dividend per share?
Phoenix Mills paid ₹5.0 per share in 2024 and ₹10.0 per share in 2023. The amount of dividend per share that Phoenix Mills 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 Phoenix Mills 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 Phoenix Mills 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 Phoenix Mills a dividend stock?
Yes, Phoenix Mills is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Phoenix Mills a good dividend stock?
Whether Phoenix Mills is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Phoenix Mills has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Phoenix Mills 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 Phoenix Mills pay dividends monthly?
Phoenix Mills typically pays dividends on a annually basis.
Does Phoenix Mills pay dividends quarterly?
Phoenix Mills currently pays dividends on a annually basis.
Has Phoenix Mills ever paid a dividend?
Yes, Phoenix Mills has a history of paying dividends to its shareholders. Phoenix Mills is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Phoenix Mills dividend stocks?
To buy Phoenix Mills 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 Phoenix Mills 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 Phoenix Mills pay dividends 2024?
Phoenix Mills pays dividends on a annually basis. 2024 dividend payments are in 2024-10-13. 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 Phoenix Mills increase its dividend in 2024?
Decisions regarding Phoenix Mills 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 Phoenix Mills dividend overview you can look into the above table of dividend history.
How Phoenix Mills dividend works?
The Phoenix Mills 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 Phoenix Mills's dividend process works:

1. Determination of Dividend: Phoenix Mills'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, Phoenix Mills 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, Phoenix Mills 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 Phoenix Mills 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 Phoenix Mills dividends paid?
Phoenix Mills dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Phoenix Mills 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, Phoenix Mills distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Phoenix Mills 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 Phoenix Mills pay dividends?
Phoenix Mills 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 Phoenix Mills pay dividends?
The general pattern is that Phoenix Mills 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 Phoenix Mills dividend safe?
The safety of Phoenix Mills'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 Phoenix Mills'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 Phoenix Mills'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.