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Pitti Engineering Limited manufactures and sells manufactures electrical sheet metal products in India. It manufactures engineering products of iron and steel, including electrical steel laminations, stator and rotor core assemblies, subassemblies, pole assemblies, die-cast rotors, press tools, and high precision machining of various metal components. The company's products are used in hydro and thermal generation, windmill, mining, cement, steel, sugar, construction, lift irrigation, freight rail, passenger rail, mass urban transport, e-mobility, appliances, medical equipment, oil and gas, and other industrial applications. It also exports its products. The company was formerly known as Pitti Laminations Limited and changed its name to Pitti Engineering Limited in May 2018. Pitti Engineering Limited was incorporated in 1983 and is based in Hyderabad, India.

Pitti Engineering Dividend Announcement

Pitti Engineering announced a semi annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-13
Pitti Engineering annual dividend for 2024 was ₹1.50
Pitti Engineering annual dividend for 2023 was ₹2.70
Pitti Engineering's trailing twelve-month (TTM) dividend yield is 0.11%

Pitti Engineering Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13₹1.50semi annually2024-10-20
2023-08-11₹1.20semi annually2023-09-17
2023-02-24₹1.50semi annually2023-03-14
2022-09-15₹0.85semi annually2022-10-23
2022-02-18₹0.40semi annually2022-03-11
2021-11-17₹0.40semi annually2021-12-06
2021-08-13₹0.38semi annually2021-09-03
2015-09-18₹0.62semi annually2015-10-28
2015-02-09₹0.75semi annually2015-02-27
2014-09-12₹1.00semi annually2014-10-22
2013-09-05₹1.00semi annually2013-10-16
2012-07-27₹3.00semi annually2012-08-28
2011-08-08₹1.00semi annually2011-09-05
2009-09-15₹1.00semi annually2009-10-08
2008-08-22₹2.00semi annually2008-09-22
2007-08-21₹2.00semi annually

Pitti Engineering Dividend per year

Pitti Engineering Dividend growth

Pitti Engineering Dividend Yield

Pitti Engineering current trailing twelve-month (TTM) dividend yield is 0.11%. Interested in purchasing Pitti Engineering stock? Use our calculator to estimate your expected dividend yield:

Pitti Engineering Financial Ratios

P/E ratio43.72
PEG ratio1.63
P/B ratio10.17
ROE24.84%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Pitti Engineering Dividend FAQ

How much is the next Pitti Engineering dividend?
Pitti Engineering's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Pitti Engineering dividend. The next Pitti Engineering dividend will be released in February, or August.
When is Pitti Engineering dividend paid?
Pitti Engineering pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and August. 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 Pitti Engineering pay?
The specific amount of Pitti Engineering 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 Pitti Engineering's dividend history.
Does Pitti Engineering stock pay dividends?
Yes, Pitti Engineering 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 Pitti Engineering's dividend history.
How much dividend does Pitti Engineering pay?
Pitti Engineering paid ₹1.5 in 2024, ₹2.7 in 2023, ₹1.25 in 2022, ₹0.775 in 2021, and ₹0.0 in 2020.
How often does Pitti Engineering pay dividends?
Pitti Engineering 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 February, and August.
What is Pitti Engineering's dividend yield?
The current dividend yield for Pitti Engineering is 0.11%. 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 Pitti Engineering's exact dividend yield.
When does Pitti Engineering go ex dividend?
Pitti Engineering's ex-dividend date for the latest dividend was on 2024-09-13. Pitti Engineering 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 Pitti Engineering dividend paid?
Pitti Engineering pays dividends on a semi annually basis, typically around February, or August, but the exact dates can vary each year.
Will Pitti Engineering 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 Pitti Engineering 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 Pitti Engineering dividend per share?
Pitti Engineering paid ₹1.5 per share in 2024 and ₹2.7 per share in 2023. The amount of dividend per share that Pitti Engineering 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 Pitti Engineering 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 Pitti Engineering 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 Pitti Engineering a dividend stock?
Yes, Pitti Engineering is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Pitti Engineering a good dividend stock?
Whether Pitti Engineering is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Pitti Engineering has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Pitti Engineering 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 Pitti Engineering pay dividends monthly?
Pitti Engineering typically pays dividends on a semi annually basis.
Does Pitti Engineering pay dividends quarterly?
Pitti Engineering currently pays dividends on a semi annually basis.
Has Pitti Engineering ever paid a dividend?
Yes, Pitti Engineering has a history of paying dividends to its shareholders. Pitti Engineering is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Pitti Engineering dividend stocks?
To buy Pitti Engineering 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 Pitti Engineering 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 Pitti Engineering pay dividends 2024?
Pitti Engineering pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-20. 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 Pitti Engineering increase its dividend in 2024?
Decisions regarding Pitti Engineering 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 Pitti Engineering dividend overview you can look into the above table of dividend history.
How Pitti Engineering dividend works?
The Pitti Engineering 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 Pitti Engineering's dividend process works:

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

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

3. Currency: Pitti Engineering 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 Pitti Engineering pay dividends?
Pitti Engineering 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 Pitti Engineering pay dividends?
The general pattern is that Pitti Engineering pays dividends around February, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Pitti Engineering dividend safe?
The safety of Pitti Engineering'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 Pitti Engineering'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 Pitti Engineering'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.