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Prakash Steelage Limited manufactures, trades, and sells stainless steel welded pipes, tubes, and U-tubes in India. It serves chemical and fertilizer, pharmaceutical, railway coaches, refrigeration, desalination, decorative, dairy, breweries, pipelines, furniture, pulp and paper, food, petrochemical and refinery, oil and gas, sugar, automobile, power, synthetic fiber, pesticide, and ornamental industries. The company also exports its products to customers in North America, South East Asia, Africa, the Middle East, and Europe. Prakash Steelage Limited was incorporated in 1991 and is based in Mumbai, India.

Prakash Steelage Dividend Announcement

Prakash Steelage announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2015-10-03. Ex dividend date: 2015-09-21
Prakash Steelage's trailing twelve-month (TTM) dividend yield is -%

Prakash Steelage Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-09-21₹0.50annually2015-10-03
2014-09-11₹1.00annually2014-10-26
2013-08-07₹1.00annually2013-09-13
2012-08-07₹1.00annually2012-09-13
2011-08-08₹1.00annually2011-09-11

Prakash Steelage Dividend per year

Prakash Steelage Dividend growth

Prakash Steelage Dividend Yield

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

Prakash Steelage Financial Ratios

P/E ratio3.96
PEG ratio0.09
P/B ratio18.96
ROE-149.10%
Payout ratio0.00%
Current ratio1.04
Quick ratio0.48
Cash Ratio0.02

Prakash Steelage Dividend FAQ

How much is the next Prakash Steelage dividend?
Prakash Steelage'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 Steelage dividend. The next Prakash Steelage dividend will be released in September.
When is Prakash Steelage dividend paid?
Prakash Steelage pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Steelage pay?
The specific amount of Prakash Steelage 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 Steelage's dividend history.
Does Prakash Steelage stock pay dividends?
Yes, Prakash Steelage 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 Steelage's dividend history.
How much dividend does Prakash Steelage pay?
Prakash Steelage paid ₹0.0 in 2024, ₹0.0 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Prakash Steelage pay dividends?
Prakash Steelage 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 September.
What is Prakash Steelage's dividend yield?
The current dividend yield for Prakash Steelage is -%. 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 Steelage's exact dividend yield.
When does Prakash Steelage go ex dividend?
Prakash Steelage's ex-dividend date for the latest dividend was on 2015-09-21. Prakash Steelage 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 Steelage dividend paid?
Prakash Steelage pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Prakash Steelage 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 Steelage 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 Steelage dividend per share?
Prakash Steelage paid ₹0.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Prakash Steelage 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 Steelage 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 Steelage 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 Steelage a dividend stock?
Yes, Prakash Steelage is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Prakash Steelage a good dividend stock?
Whether Prakash Steelage 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 Steelage has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Prakash Steelage 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 Steelage pay dividends monthly?
Prakash Steelage typically pays dividends on a annually basis.
Does Prakash Steelage pay dividends quarterly?
Prakash Steelage currently pays dividends on a annually basis.
Has Prakash Steelage ever paid a dividend?
Yes, Prakash Steelage has a history of paying dividends to its shareholders. Prakash Steelage is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Prakash Steelage dividend stocks?
To buy Prakash Steelage 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 Steelage 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 Steelage pay dividends 2024?
Prakash Steelage pays dividends on a annually basis. 2024 dividend payments are in 2015-10-03. 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 Steelage increase its dividend in 2024?
Decisions regarding Prakash Steelage 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 Steelage dividend overview you can look into the above table of dividend history.
How Prakash Steelage dividend works?
The Prakash Steelage 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 Steelage's dividend process works:

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

1. Record Date: Prakash Steelage 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 Steelage 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 Steelage 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 Steelage pay dividends?
Prakash Steelage 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 Steelage pay dividends?
The general pattern is that Prakash Steelage pays dividends around September. 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 Steelage dividend safe?
The safety of Prakash Steelage'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 Steelage'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 Steelage'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.