PPAP Automotive Limited manufactures and sells automotive sealing systems, and interior and exterior automotive parts in India. Its extrusion products include weather strip inner molding roofs, molding windshields, air spoilers, trim door openings, sun roof drain hoses, back door openings, door seals, hood seals, roof moldings, door partitions, CTR uppers, glass run channels, slide rails, door sub seals, DAM windshields, and waist seal outers. The company's injection products comprise cover under, fender inners, foot board, leg shield, fender rear, body side moldings, door moldings, rear pillars, trunk linings, LNG rear panels, CTR pillar lower, grille lowers, front bumpers, and front pillars. It also exports its products. The company primarily serves automotive manufacturers. The company was formerly known as Precision Pipes and Profiles Co. Ltd. and changed its name to PPAP Automotive Limited in May 2014. PPAP Automotive Limited was founded in 1978 and is based in Noida, India.
PPAP Automotive Dividend Announcement
• PPAP Automotive announced a semi annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-12-08. Ex dividend date: 2024-11-19
• PPAP Automotive annual dividend for 2024 was ₹2.25
• PPAP Automotive annual dividend for 2023 was ₹0.50
• PPAP Automotive's trailing twelve-month (TTM) dividend yield is 1.13%
• PPAP Automotive's dividend growth over the last five years (2018-2023) was -35.56% year
PPAP Automotive Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-19 | ₹1.00 | semi annually | 2024-12-08 |
2024-09-06 | ₹1.25 | semi annually | 2024-10-13 |
2023-09-08 | ₹0.50 | semi annually | 2023-10-15 |
2022-11-18 | ₹1.00 | semi annually | 2022-12-12 |
2022-09-08 | ₹1.50 | semi annually | 2022-10-16 |
2021-08-26 | ₹1.00 | semi annually | 2021-10-03 |
2020-03-24 | ₹2.00 | semi annually | 2020-04-17 |
2019-11-04 | ₹1.00 | semi annually | 2019-11-21 |
2019-08-26 | ₹2.50 | semi annually | 2019-10-03 |
2018-11-01 | ₹2.00 | semi annually | 2018-11-22 |
2018-08-14 | ₹2.50 | semi annually | 2018-09-22 |
2017-11-10 | ₹2.00 | semi annually | 2017-12-01 |
2017-08-14 | ₹1.75 | semi annually | 2017-09-22 |
2016-11-10 | ₹1.25 | semi annually | 2016-11-26 |
2016-08-30 | ₹1.00 | semi annually | 2016-10-07 |
2015-11-17 | ₹1.00 | semi annually | 2015-12-04 |
2015-09-18 | ₹1.00 | semi annually | 2015-10-26 |
2011-09-20 | ₹2.00 | semi annually | 2011-10-17 |
2011-02-28 | ₹2.00 | semi annually | 2011-03-10 |
2010-09-16 | ₹3.00 | semi annually | 2010-10-25 |
PPAP Automotive Dividend per year
PPAP Automotive Dividend growth
PPAP Automotive Dividend Yield
PPAP Automotive current trailing twelve-month (TTM) dividend yield is 1.13%. Interested in purchasing PPAP Automotive stock? Use our calculator to estimate your expected dividend yield:
PPAP Automotive Financial Ratios
PPAP Automotive Dividend FAQ
Other factors to consider when evaluating PPAP Automotive 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: PPAP Automotive'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, PPAP Automotive 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, PPAP Automotive 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 PPAP Automotive 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: PPAP Automotive 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, PPAP Automotive distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PPAP Automotive 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 PPAP Automotive'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 PPAP Automotive'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.