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Precision Wires India Limited manufactures and sells insulated enameled wires and other insulated electric conductors in India and internationally. It offers enameled round winding wires for use in electrical machines, such as motors, generators, transformers, household appliances, auto-electricals, electrical hand tools, refrigeration motors, fans, switchgears, coils and relays, ballasts, etc.; enameled rectangular copper wires; and continuously transposed conductors for use in power, furnace, and traction locomotive transformers, as well as in chokes and inductance coils. The company also provides paper, Nomex, and mica tape insulated rectangular copper conductors, as well as special conductors for various applications in oil filled power and distribution transformers, dry type transformers, high tension motors/generators, and traction equipment. It serves electrical and electronic industries. Precision Wires India Limited was incorporated in 1989 and is based in Mumbai, India.

Precision Wires India Dividend Announcement

Precision Wires India announced a quarterly dividend of ₹0.45 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-13
Precision Wires India annual dividend for 2024 was ₹0.75
Precision Wires India annual dividend for 2023 was ₹0.96
Precision Wires India's trailing twelve-month (TTM) dividend yield is 0.55%
Precision Wires India's dividend growth over the last five years (2018-2023) was -19.78% year
Precision Wires India's dividend growth over the last ten years (2013-2023) was -12.27% year

Precision Wires India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13₹0.45quarterly2024-10-20
2024-02-20₹0.30quarterly
2023-11-17₹0.30quarterly2023-12-07
2023-08-28₹0.36quarterly2023-10-04
2023-02-24₹0.30quarterly2023-03-12
2022-08-25₹0.36quarterly2022-09-09
2022-08-19₹0.20quarterly
2022-02-14₹0.20quarterly2022-03-09
2021-11-11₹0.78quarterly2021-12-03
2021-08-24₹0.89quarterly2021-09-30
2021-02-23₹0.89quarterly2021-03-12
2020-11-23₹0.44quarterly2020-11-30
2020-02-18₹0.44quarterly2020-03-10
2019-11-21₹0.67quarterly2019-12-12
2019-09-09₹1.11quarterly2019-10-18
2018-11-16₹0.89quarterly2018-12-05
2018-08-30₹1.11quarterly2018-09-09
2018-02-22₹0.89quarterly2018-03-13
2017-08-10₹1.00quarterly2017-09-18
2016-11-24₹0.56quarterly2016-12-08
2016-09-15₹0.56quarterly2016-10-28
2016-02-17₹0.67quarterly2016-03-09
2015-11-18₹1.11quarterly2015-12-04
2015-08-18₹1.25quarterly
2015-02-26₹0.44quarterly2015-03-12
2014-11-27₹0.89quarterly2014-12-12
2014-09-18₹0.89quarterly2014-10-28
2014-02-26₹1.78quarterly2014-03-13
2013-11-07₹1.78quarterly2013-11-27
2013-07-30₹0.67quarterly2013-09-06
2013-02-21₹1.11quarterly2013-03-12

Precision Wires India Dividend per year

Precision Wires India Dividend growth

Precision Wires India Dividend Yield

Precision Wires India current trailing twelve-month (TTM) dividend yield is 0.55%. Interested in purchasing Precision Wires India stock? Use our calculator to estimate your expected dividend yield:

Precision Wires India Financial Ratios

P/E ratio43.10
PEG ratio9.31
P/B ratio6.68
ROE16.45%
Payout ratio0.00%
Current ratio1.71
Quick ratio1.16
Cash Ratio0.14

Precision Wires India Dividend FAQ

How much is the next Precision Wires India dividend?
Precision Wires India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Precision Wires India dividend. The next Precision Wires India dividend will be released in February, August, or November.
When is Precision Wires India dividend paid?
Precision Wires India pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, August, and November. 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 Precision Wires India pay?
The specific amount of Precision Wires India 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 Precision Wires India's dividend history.
Does Precision Wires India stock pay dividends?
Yes, Precision Wires India 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 Precision Wires India's dividend history.
How much dividend does Precision Wires India pay?
Precision Wires India paid ₹0.75 in 2024, ₹0.96 in 2023, ₹0.756 in 2022, ₹2.556 in 2021, and ₹0.889 in 2020.
How often does Precision Wires India pay dividends?
Precision Wires India typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, August, and November.
What is Precision Wires India's dividend yield?
The current dividend yield for Precision Wires India is 0.55%. 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 Precision Wires India's exact dividend yield.
When does Precision Wires India go ex dividend?
Precision Wires India's ex-dividend date for the latest dividend was on 2024-09-13. Precision Wires India 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 Precision Wires India dividend paid?
Precision Wires India pays dividends on a quarterly basis, typically around February, August, or November, but the exact dates can vary each year.
Will Precision Wires India 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 Precision Wires India 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 Precision Wires India dividend per share?
Precision Wires India paid ₹0.75 per share in 2024 and ₹0.96 per share in 2023. The amount of dividend per share that Precision Wires India 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 Precision Wires India 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 Precision Wires India 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 Precision Wires India a dividend stock?
Yes, Precision Wires India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Precision Wires India a good dividend stock?
Whether Precision Wires India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Precision Wires India has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Precision Wires India 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 Precision Wires India pay dividends monthly?
Precision Wires India typically pays dividends on a quarterly basis.
Does Precision Wires India pay dividends quarterly?
Precision Wires India currently pays dividends on a quarterly basis.
Has Precision Wires India ever paid a dividend?
Yes, Precision Wires India has a history of paying dividends to its shareholders. Precision Wires India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Precision Wires India dividend stocks?
To buy Precision Wires India 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 Precision Wires India 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 Precision Wires India pay dividends 2024?
Precision Wires India pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-20. 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 Precision Wires India increase its dividend in 2024?
Decisions regarding Precision Wires India 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 Precision Wires India dividend overview you can look into the above table of dividend history.
How Precision Wires India dividend works?
The Precision Wires India 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 Precision Wires India's dividend process works:

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

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

3. Currency: Precision Wires India 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 Precision Wires India pay dividends?
Precision Wires India typically pays dividends on a quarterly 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 Precision Wires India pay dividends?
The general pattern is that Precision Wires India pays dividends around February, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Precision Wires India dividend safe?
The safety of Precision Wires India'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 Precision Wires India'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 Precision Wires India'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.