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Pradeep Metals Ltd. is a holding company, which engages in the manufacture of precision closed die steel forgings and processing. The firm operates through the Closed Die Forging and Processing; and Power Generation segments. The company was founded by Pradeep Ved Prakash Goyal on January 22, 1982 and is headquartered in Mumbai, India.

Pradeep Metals Dividend Announcement

Pradeep Metals announced a semi annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-09-01. Ex dividend date: 2024-07-25
Pradeep Metals annual dividend for 2024 was ₹2.00
Pradeep Metals annual dividend for 2023 was ₹2.00
Pradeep Metals's trailing twelve-month (TTM) dividend yield is 0.72%

Pradeep Metals Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-25₹2.00semi annually2024-09-01
2023-07-27₹1.00semi annually2023-09-03
2023-02-15₹1.00semi annually2023-03-05
2022-07-21₹1.50semi annually2022-08-29
2021-08-04₹1.00semi annually2021-09-12
2020-03-09₹1.00semi annually2020-03-29
2019-08-01₹1.00semi annually2019-09-09
2016-03-28₹0.60semi annually
2015-09-02₹1.20semi annually
2014-08-26₹1.20semi annually
2013-07-30₹1.00semi annually
2012-08-28₹1.00semi annually
2011-06-27₹1.00semi annually

Pradeep Metals Dividend per year

Pradeep Metals Dividend growth

Pradeep Metals Dividend Yield

Pradeep Metals current trailing twelve-month (TTM) dividend yield is 0.72%. Interested in purchasing Pradeep Metals stock? Use our calculator to estimate your expected dividend yield:

Pradeep Metals Financial Ratios

P/E ratio17.14
PEG ratio0.17
P/B ratio3.91
ROE33.42%
Payout ratio0.00%
Current ratio1.34
Quick ratio0.70
Cash Ratio0.02

Pradeep Metals Dividend FAQ

How much is the next Pradeep Metals dividend?
Pradeep Metals's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Pradeep Metals dividend. The next Pradeep Metals dividend will be released in February, or July.
When is Pradeep Metals dividend paid?
Pradeep Metals pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and 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 Pradeep Metals pay?
The specific amount of Pradeep Metals 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 Pradeep Metals's dividend history.
Does Pradeep Metals stock pay dividends?
Yes, Pradeep Metals 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 Pradeep Metals's dividend history.
How much dividend does Pradeep Metals pay?
Pradeep Metals paid ₹2.0 in 2024, ₹2.0 in 2023, ₹1.5 in 2022, ₹1.0 in 2021, and ₹1.0 in 2020.
How often does Pradeep Metals pay dividends?
Pradeep Metals 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 July.
What is Pradeep Metals's dividend yield?
The current dividend yield for Pradeep Metals is 0.72%. 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 Pradeep Metals's exact dividend yield.
When does Pradeep Metals go ex dividend?
Pradeep Metals's ex-dividend date for the latest dividend was on 2024-07-25. Pradeep Metals 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 Pradeep Metals dividend paid?
Pradeep Metals pays dividends on a semi annually basis, typically around February, or July, but the exact dates can vary each year.
Will Pradeep Metals 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 Pradeep Metals 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 Pradeep Metals dividend per share?
Pradeep Metals paid ₹2.0 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Pradeep Metals 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 Pradeep Metals 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 Pradeep Metals 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 Pradeep Metals a dividend stock?
Yes, Pradeep Metals is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Pradeep Metals a good dividend stock?
Whether Pradeep Metals is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Pradeep Metals has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Pradeep Metals 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 Pradeep Metals pay dividends monthly?
Pradeep Metals typically pays dividends on a semi annually basis.
Does Pradeep Metals pay dividends quarterly?
Pradeep Metals currently pays dividends on a semi annually basis.
Has Pradeep Metals ever paid a dividend?
Yes, Pradeep Metals has a history of paying dividends to its shareholders. Pradeep Metals is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Pradeep Metals dividend stocks?
To buy Pradeep Metals 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 Pradeep Metals 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 Pradeep Metals pay dividends 2024?
Pradeep Metals pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-01. 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 Pradeep Metals increase its dividend in 2024?
Decisions regarding Pradeep Metals 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 Pradeep Metals dividend overview you can look into the above table of dividend history.
How Pradeep Metals dividend works?
The Pradeep Metals 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 Pradeep Metals's dividend process works:

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

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

3. Currency: Pradeep Metals 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 Pradeep Metals pay dividends?
Pradeep Metals 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 Pradeep Metals pay dividends?
The general pattern is that Pradeep Metals pays dividends around February, and 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 Pradeep Metals dividend safe?
The safety of Pradeep Metals'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 Pradeep Metals'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 Pradeep Metals'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.