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Prakash Industries Limited operates as an integrated steel and power company in India. The company produces sponge iron; steel billets and blooms; ferro alloys; wire rods and HB wire products for use in binding wires, GL wires, fencing barbed wires, armored sealed wires for heavy electrical cables, nut bolts, nails, screws, alpine products, wire ropes, wire mesh products, etc.; and TMT bars for construction and infrastructure projects. It also engages in the generation of wind power with an installed capacity of 25 MW. The company was incorporated in 1980 and is based in New Delhi, India.

Prakash Industries Dividend Announcement

Prakash Industries announced a annually dividend of ₹1.20 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-17
Prakash Industries annual dividend for 2024 was ₹1.20
Prakash Industries's trailing twelve-month (TTM) dividend yield is 0.73%

Prakash Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-17₹1.20annually2024-10-30
2019-09-20₹1.20annually2019-10-28
2014-08-22₹1.00annually2014-10-24
2013-09-20₹1.00annually2013-10-28
2012-09-21₹1.00annually2012-10-29
2011-09-23₹1.00annually2011-10-29

Prakash Industries Dividend per year

Prakash Industries Dividend growth

Prakash Industries Dividend Yield

Prakash Industries current trailing twelve-month (TTM) dividend yield is 0.73%. Interested in purchasing Prakash Industries stock? Use our calculator to estimate your expected dividend yield:

Prakash Industries Financial Ratios

P/E ratio9.20
PEG ratio2.05
P/B ratio0.97
ROE10.44%
Payout ratio0.00%
Current ratio1.01
Quick ratio0.62
Cash Ratio0.35

Prakash Industries Dividend FAQ

How much is the next Prakash Industries dividend?
Prakash Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Prakash Industries dividend. The next Prakash Industries dividend will be released in .
When is Prakash Industries dividend paid?
Prakash Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Prakash Industries pay?
The specific amount of Prakash Industries 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 Prakash Industries's dividend history.
Does Prakash Industries stock pay dividends?
Yes, Prakash Industries 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 Prakash Industries's dividend history.
How much dividend does Prakash Industries pay?
Prakash Industries paid ₹1.2 in 2024, ₹0.0 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Prakash Industries pay dividends?
Prakash Industries 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 .
What is Prakash Industries's dividend yield?
The current dividend yield for Prakash Industries is 0.73%. 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 Prakash Industries's exact dividend yield.
When does Prakash Industries go ex dividend?
Prakash Industries's ex-dividend date for the latest dividend was on 2024-09-17. Prakash Industries 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 Prakash Industries dividend paid?
Prakash Industries pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Prakash Industries 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 Prakash Industries 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 Prakash Industries dividend per share?
Prakash Industries paid ₹1.2 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Prakash Industries 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 Prakash Industries 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 Prakash Industries 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 Prakash Industries a dividend stock?
Yes, Prakash Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Prakash Industries a good dividend stock?
Whether Prakash Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Prakash Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Prakash Industries 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 Prakash Industries pay dividends monthly?
Prakash Industries typically pays dividends on a annually basis.
Does Prakash Industries pay dividends quarterly?
Prakash Industries currently pays dividends on a annually basis.
Has Prakash Industries ever paid a dividend?
Yes, Prakash Industries has a history of paying dividends to its shareholders. Prakash Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Prakash Industries dividend stocks?
To buy Prakash Industries 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 Prakash Industries 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 Prakash Industries pay dividends 2024?
Prakash Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-10-30. 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 Prakash Industries increase its dividend in 2024?
Decisions regarding Prakash Industries 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 Prakash Industries dividend overview you can look into the above table of dividend history.
How Prakash Industries dividend works?
The Prakash Industries 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 Prakash Industries's dividend process works:

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

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

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