Piramal Pharma Limited operates as a pharmaceutical company. It sells a portfolio of pharma products, as well as provides various pharma services, including injection, HPAPI, etc. The company was incorporated in 2020 and is based in Mumbai, India. Piramal Pharma Limited operates as a subsidiary of Piramal Enterprises Limited.
Piramal Pharma Dividend Announcement
• Piramal Pharma announced a annually dividend of ₹0.11 per ordinary share which will be made payable on 2024-08-25. Ex dividend date: 2024-07-12
• Piramal Pharma annual dividend for 2024 was ₹0.11
• Piramal Pharma's trailing twelve-month (TTM) dividend yield is 0.04%
Piramal Pharma Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-12 | ₹0.11 | annually | 2024-08-25 |
Piramal Pharma Dividend per year
Piramal Pharma Dividend Yield
Piramal Pharma current trailing twelve-month (TTM) dividend yield is 0.04%. Interested in purchasing Piramal Pharma stock? Use our calculator to estimate your expected dividend yield:
Piramal Pharma Financial Ratios
P/E ratio733.74
PEG ratio-25.86
P/B ratio4.21
ROE0.58%
Payout ratio0.00%
Current ratio1.03
Quick ratio0.56
Cash Ratio0.05
Piramal Pharma Dividend FAQ
Does Piramal Pharma stock pay dividends?
Piramal Pharma does not currently pay dividends to its shareholders.
Has Piramal Pharma ever paid a dividend?
No, Piramal Pharma has no a history of paying dividends to its shareholders. Piramal Pharma is not known for its dividend payments.
Why doesn't Piramal Pharma pay dividends?
There are several potential reasons why Piramal Pharma would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Piramal Pharma ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Piramal Pharma has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Piramal Pharma a dividend aristocrat?
Piramal Pharma is not considered a Dividend Aristocrat. 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 Pharma a dividend king?
Piramal Pharma is not classified as a "Dividend King". 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 Pharma a dividend stock?
No, Piramal Pharma is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Piramal Pharma stocks?
To buy Piramal Pharma 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Piramal Pharma 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 Pharma 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.