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PIX Transmissions Limited manufactures and sells belts and related mechanical power transmissions products in India. It offers ribbed/poly-V, timing/synchronous, banded, automotive, industrial, special, agriculture, lawn and garden, and V-belts; and PowerWare products, such as pulleys, couplings, bespokes, and tensioners and idler pulleys, as well as accessories, including service kits, pulley and profile gauges, laser guided pulley alignment tools, belt length measurers, tension meters and testers, poly-v belt wear gauges, timing belt gauges, and X'slit belt cutting tools. The company's products are used in industrial, automotive, agriculture, lawn and garden, ceramic, cold storage, food processing, domestic appliance, cement, leisure and sport, machine tools, mineral ore mining, oil and gas, packaging, paper and pulp, pharmaceutical, power plant, rice/flour mills, steel, textile, wood, and building and construction industries. It also exports its products. The company was incorporated in 1981 and is based in Mumbai, India.

PIX Transmissions Dividend Announcement

PIX Transmissions announced a annually dividend of ₹7.00 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-07-16
PIX Transmissions annual dividend for 2024 was ₹7.00
PIX Transmissions annual dividend for 2023 was ₹6.00
PIX Transmissions's trailing twelve-month (TTM) dividend yield is 0.31%
PIX Transmissions's dividend growth over the last five years (2018-2023) was 19.14% year

PIX Transmissions Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-16₹7.00annually2024-08-23
2023-07-11₹6.00annually2023-08-18
2022-07-11₹6.00annually2022-08-19
2021-08-09₹5.00annually2021-09-17
2020-09-21₹2.00annually2020-10-30
2019-07-15₹2.75annually2019-08-23
2018-09-10₹2.50annually2018-10-18
2017-09-18₹2.00annually2017-10-26

PIX Transmissions Dividend per year

PIX Transmissions Dividend growth

PIX Transmissions Dividend Yield

PIX Transmissions current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing PIX Transmissions stock? Use our calculator to estimate your expected dividend yield:

PIX Transmissions Financial Ratios

P/E ratio27.29
PEG ratio0.48
P/B ratio5.66
ROE23.69%
Payout ratio0.00%
Current ratio4.98
Quick ratio3.67
Cash Ratio0.73

PIX Transmissions Dividend FAQ

How much is the next PIX Transmissions dividend?
PIX Transmissions's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next PIX Transmissions dividend. The next PIX Transmissions dividend will be released in July.
When is PIX Transmissions dividend paid?
PIX Transmissions pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 PIX Transmissions pay?
The specific amount of PIX Transmissions 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 PIX Transmissions's dividend history.
Does PIX Transmissions stock pay dividends?
Yes, PIX Transmissions 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 PIX Transmissions's dividend history.
How much dividend does PIX Transmissions pay?
PIX Transmissions paid ₹7.0 in 2024, ₹6.0 in 2023, ₹6.0 in 2022, ₹5.0 in 2021, and ₹2.0 in 2020.
How often does PIX Transmissions pay dividends?
PIX Transmissions 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 July.
What is PIX Transmissions's dividend yield?
The current dividend yield for PIX Transmissions is 0.31%. 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 PIX Transmissions's exact dividend yield.
When does PIX Transmissions go ex dividend?
PIX Transmissions's ex-dividend date for the latest dividend was on 2024-07-16. PIX Transmissions 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 PIX Transmissions dividend paid?
PIX Transmissions pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will PIX Transmissions 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 PIX Transmissions 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 PIX Transmissions dividend per share?
PIX Transmissions paid ₹7.0 per share in 2024 and ₹6.0 per share in 2023. The amount of dividend per share that PIX Transmissions 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 PIX Transmissions 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 PIX Transmissions 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 PIX Transmissions a dividend stock?
Yes, PIX Transmissions is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is PIX Transmissions a good dividend stock?
Whether PIX Transmissions is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. PIX Transmissions has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating PIX Transmissions 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 PIX Transmissions pay dividends monthly?
PIX Transmissions typically pays dividends on a annually basis.
Does PIX Transmissions pay dividends quarterly?
PIX Transmissions currently pays dividends on a annually basis.
Has PIX Transmissions ever paid a dividend?
Yes, PIX Transmissions has a history of paying dividends to its shareholders. PIX Transmissions is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy PIX Transmissions dividend stocks?
To buy PIX Transmissions 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 PIX Transmissions 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 PIX Transmissions pay dividends 2024?
PIX Transmissions pays dividends on a annually basis. 2024 dividend payments are in 2024-08-23. 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 PIX Transmissions increase its dividend in 2024?
Decisions regarding PIX Transmissions 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 PIX Transmissions dividend overview you can look into the above table of dividend history.
How PIX Transmissions dividend works?
The PIX Transmissions 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 PIX Transmissions's dividend process works:

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

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

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