Piramal Enterprises Limited operates in financial services and pharmaceuticals businesses in India, North America, Europe, Japan, and internationally. It operates through Pharmaceuticals Manufacturing and Services, and Financial Services segments. The company provides housing finance and other financing solutions, such as private equity, structured debt, senior secured debt, construction finance, and flexi lease rental discounting to real estate sector; and funding solutions to infrastructure, renewable energy, roads, industrials, auto components, and other sectors. It also operates distressed asset investing platform that invests in equity and/or debt in assets. In addition, the company offers contract development and manufacturing solutions, including drug discovery, production, and manufacturing of active pharmaceutical ingredients and formulations; and inhalation and injectable anaesthesia, injectable pain, antibiotics, and other medications, as well as intrathecal spasticity management drugs. Further, it provides over-the-counter products comprising analgesics, skin care, kids' wellness, digestives, women's health, disinfectant, Covifind, and hygiene and protection products, as well as vitamins, minerals, and supplements primarily under the Saridon, Lacto Calamine, Little's, I-Pill, Supradyn, Polycrol, Triactiv, Ourdaily, Pulse Oximeters, and Tetmosol brands. The company was formerly known as Piramal Healthcare Limited and changed its name to Piramal Enterprises Limited in July 2012. Piramal Enterprises Limited was incorporated in 1947 and is based in Mumbai, India.
Piramal Enterprises Dividend Announcement
• Piramal Enterprises announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-08-07. Ex dividend date: 2024-07-05
• Piramal Enterprises annual dividend for 2024 was ₹10.00
• Piramal Enterprises annual dividend for 2023 was ₹31.00
• Piramal Enterprises's trailing twelve-month (TTM) dividend yield is 0.9%
• Piramal Enterprises's dividend growth over the last five years (2018-2023) was 4.40% year
• Piramal Enterprises's dividend growth over the last ten years (2013-2023) was 5.88% year
Piramal Enterprises Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-05 | ₹10.00 | annually | 2024-08-07 |
| 2023-06-16 | ₹31.00 | annually | 2023-07-30 |
| 2022-07-14 | ₹33.00 | annually | 2022-08-28 |
| 2021-07-06 | ₹33.00 | annually | 2021-08-15 |
| 2020-07-16 | ₹14.00 | annually | 2020-08-29 |
| 2019-07-18 | ₹28.00 | annually | 2019-08-29 |
| 2018-07-19 | ₹25.00 | annually | 2018-08-29 |
| 2017-07-21 | ₹21.00 | annually | 2017-08-31 |
| 2016-03-17 | ₹17.50 | annually | 2016-03-23 |
| 2015-07-28 | ₹20.00 | annually | 2015-08-11 |
| 2014-07-15 | ₹52.50 | annually | |
| 2013-07-15 | ₹17.50 | annually | 2013-08-01 |
Piramal Enterprises Dividend per year
Piramal Enterprises Dividend growth
Piramal Enterprises Dividend Yield
Piramal Enterprises current trailing twelve-month (TTM) dividend yield is 0.9%. Interested in purchasing Piramal Enterprises stock? Use our calculator to estimate your expected dividend yield:
Piramal Enterprises Financial Ratios
P/E ratio-13.17
PEG ratio1.10
P/B ratio0.93
ROE-6.97%
Payout ratio0.00%
Current ratio87.52
Quick ratio87.52
Cash Ratio2.63
Piramal Enterprises Dividend FAQ
How much is the next Piramal Enterprises dividend?
Piramal Enterprises's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Piramal Enterprises dividend. The next Piramal Enterprises dividend will be released in June.
When is Piramal Enterprises dividend paid?
Piramal Enterprises pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Piramal Enterprises pay?
The specific amount of Piramal Enterprises 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 Piramal Enterprises's dividend history.
Does Piramal Enterprises stock pay dividends?
Yes, Piramal Enterprises 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 Piramal Enterprises's dividend history.
How much dividend does Piramal Enterprises pay?
Piramal Enterprises paid ₹10.0 in 2024, ₹31.0 in 2023, ₹33.0 in 2022, ₹33.0 in 2021, and ₹14.0 in 2020.
How often does Piramal Enterprises pay dividends?
Piramal Enterprises 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 June.
What is Piramal Enterprises's dividend yield?
The current dividend yield for Piramal Enterprises is 0.9%. 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 Piramal Enterprises's exact dividend yield.
When does Piramal Enterprises go ex dividend?
Piramal Enterprises's ex-dividend date for the latest dividend was on 2024-07-05. Piramal Enterprises 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 Piramal Enterprises dividend paid?
Piramal Enterprises pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Piramal Enterprises 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 Piramal Enterprises 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 Piramal Enterprises dividend per share?
Piramal Enterprises paid ₹10.0 per share in 2024 and ₹31.0 per share in 2023. The amount of dividend per share that Piramal Enterprises 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 Piramal Enterprises 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 Piramal Enterprises 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 Piramal Enterprises a dividend stock?
Yes, Piramal Enterprises is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Piramal Enterprises a good dividend stock?
Whether Piramal Enterprises is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Piramal Enterprises has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Piramal Enterprises 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 Piramal Enterprises 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 Piramal Enterprises pay dividends monthly?
Piramal Enterprises typically pays dividends on a annually basis.
Does Piramal Enterprises pay dividends quarterly?
Piramal Enterprises currently pays dividends on a annually basis.
Has Piramal Enterprises ever paid a dividend?
Yes, Piramal Enterprises has a history of paying dividends to its shareholders. Piramal Enterprises is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Piramal Enterprises dividend stocks?
To buy Piramal Enterprises 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 Piramal Enterprises 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 Piramal Enterprises 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 Piramal Enterprises pay dividends 2024?
Piramal Enterprises pays dividends on a annually basis. 2024 dividend payments are in 2024-08-07. 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 Piramal Enterprises increase its dividend in 2024?
Decisions regarding Piramal Enterprises 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 Piramal Enterprises dividend overview you can look into the above table of dividend history.
How Piramal Enterprises dividend works?
The Piramal Enterprises 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 Piramal Enterprises's dividend process works:
1. Determination of Dividend: Piramal Enterprises'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, Piramal Enterprises 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, Piramal Enterprises 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 Piramal Enterprises 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: Piramal Enterprises'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, Piramal Enterprises 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, Piramal Enterprises 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 Piramal Enterprises 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 Piramal Enterprises dividends paid?
Piramal Enterprises dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Piramal Enterprises 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, Piramal Enterprises distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Piramal Enterprises 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: Piramal Enterprises 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, Piramal Enterprises distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Piramal Enterprises 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 Piramal Enterprises pay dividends?
Piramal Enterprises 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 Piramal Enterprises pay dividends?
The general pattern is that Piramal Enterprises pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Piramal Enterprises dividend safe?
The safety of Piramal Enterprises'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 Piramal Enterprises'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 Piramal Enterprises'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 Piramal Enterprises'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 Piramal Enterprises'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.