Pidilite Industries Limited, together with its subsidiaries, manufactures and sells consumer and specialty chemicals in India and internationally. The company operates in two segments Branded Consumer & Bazaar, and Business to Business. The Branded Consumer & Bazaar segment offers adhesives, sealants, art and craft materials; and construction and paint chemicals for use by carpenters, painters, plumbers, mechanics, households, students, offices, etc. The Business to Business segment provides industrial adhesives and resins, construction chemicals, organic pigments, pigment preparations, etc. for use in various industries, including packaging, joineries, textiles, paints, printing inks, paper, leather, etc. The company offers adhesives technologies, wood finishes, and paint; waterproofing services, automotive, technical textiles, and tile grouts; and mechanical, electrical, and plumbing solutions. Further, it sells its products primarily under the Fevicol, Fevicol MR, Dr. Fixit, Fevikwik, M-Seal, Fevistick, Fevicryl, Hobby Ideas, and other brands. The company was founded in 1959 and is headquartered in Mumbai, India.
Pidilite Industries Dividend Announcement
• Pidilite Industries announced a annually dividend of ₹16.00 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-07-24
• Pidilite Industries annual dividend for 2024 was ₹16.00
• Pidilite Industries annual dividend for 2023 was ₹11.00
• Pidilite Industries's trailing twelve-month (TTM) dividend yield is 0.5%
• Pidilite Industries's dividend growth over the last five years (2018-2023) was 12.89% year
• Pidilite Industries's dividend growth over the last ten years (2013-2023) was 15.52% year
Pidilite Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-24 | ₹16.00 | annually | 2024-09-06 |
2023-07-27 | ₹11.00 | annually | 2023-09-09 |
2022-07-26 | ₹10.00 | annually | 2022-09-09 |
2021-07-27 | ₹8.50 | annually | 2021-09-10 |
2020-03-13 | ₹7.00 | annually | 2020-03-31 |
2019-07-29 | ₹6.50 | annually | 2019-09-05 |
2018-08-21 | ₹6.00 | annually | 2018-09-29 |
2017-08-23 | ₹4.75 | annually | 2017-09-30 |
2016-08-24 | ₹0.50 | annually | |
2016-03-18 | ₹3.65 | annually | 2016-03-28 |
2015-08-14 | ₹2.90 | annually | 2015-10-01 |
2014-09-09 | ₹2.70 | annually | 2014-10-25 |
2013-07-05 | ₹2.60 | annually | 2013-08-22 |
Pidilite Industries Dividend per year
Pidilite Industries Dividend growth
Pidilite Industries Dividend Yield
Pidilite Industries current trailing twelve-month (TTM) dividend yield is 0.5%. Interested in purchasing Pidilite Industries stock? Use our calculator to estimate your expected dividend yield:
Pidilite Industries Financial Ratios
Pidilite Industries Dividend FAQ
Other factors to consider when evaluating Pidilite Industries 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.
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1. Determination of Dividend: Pidilite Industries'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, Pidilite Industries 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, Pidilite Industries 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 Pidilite Industries 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. Record Date: Pidilite Industries 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, Pidilite Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pidilite Industries 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.
To assess the safety of Pidilite Industries'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 Pidilite Industries'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.