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Prime Securities Limited provides corporate advisory and investment banking services in India. It offers corporate advisory services that include financial advisory for debt and capital structuring; strategic, business, and value enhancement; mergers and acquisitions, and stake sales; and structured debt placement/loan syndications. The company also engages in the debt/equity/capital restructurings/loan re-organization activities; and provision of listed equity services, such as initial public offerings (IPO), qualified institutions placements, and rights issues/buybacks/open offers/preferential allotments, as well as local advisory to overseas offerings/foreign entrants. In addition, it offers unlisted equity services that include pre-IPO placements/PIPEs, private equity, and exits/strategic alliances/JVs. Prime Securities Limited was incorporated in 1982 and is headquartered in Mumbai, India.

Prime Securities Dividend Announcement

Prime Securities announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-07-27. Ex dividend date: 2024-06-20
Prime Securities annual dividend for 2024 was ₹1.00
Prime Securities annual dividend for 2023 was ₹0.50
Prime Securities's trailing twelve-month (TTM) dividend yield is 0.31%

Prime Securities Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-20₹1.00annually2024-07-27
2023-06-06₹0.50annually2023-07-13
2022-09-19₹2.25annually2022-09-30
2021-08-06₹4.50annually2021-09-16
2008-09-23₹0.75annually2008-11-01
2007-11-22₹1.50annually2007-11-26
2007-08-22₹1.50annually2007-10-01
2006-11-09₹0.75annually2006-12-01
2006-08-21₹1.25annually2006-09-07

Prime Securities Dividend per year

Prime Securities Dividend growth

Prime Securities Dividend Yield

Prime Securities current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Prime Securities stock? Use our calculator to estimate your expected dividend yield:

Prime Securities Financial Ratios

P/E ratio28.04
PEG ratio9.49
P/B ratio5.78
ROE24.32%
Payout ratio0.00%
Current ratio14.70
Quick ratio17.87
Cash Ratio0.89

Prime Securities Dividend FAQ

How much is the next Prime Securities dividend?
Prime Securities's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Prime Securities dividend. The next Prime Securities dividend will be released in June.
When is Prime Securities dividend paid?
Prime Securities pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Prime Securities pay?
The specific amount of Prime Securities 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 Prime Securities's dividend history.
Does Prime Securities stock pay dividends?
Yes, Prime Securities 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 Prime Securities's dividend history.
How much dividend does Prime Securities pay?
Prime Securities paid ₹1.0 in 2024, ₹0.5 in 2023, ₹2.25 in 2022, ₹4.5 in 2021, and ₹0.0 in 2020.
How often does Prime Securities pay dividends?
Prime Securities 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 June.
What is Prime Securities's dividend yield?
The current dividend yield for Prime Securities is 0.31%. 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 Prime Securities's exact dividend yield.
When does Prime Securities go ex dividend?
Prime Securities's ex-dividend date for the latest dividend was on 2024-06-20. Prime Securities 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 Prime Securities dividend paid?
Prime Securities pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Prime Securities 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 Prime Securities 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 Prime Securities dividend per share?
Prime Securities paid ₹1.0 per share in 2024 and ₹0.5 per share in 2023. The amount of dividend per share that Prime Securities 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 Prime Securities 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 Prime Securities 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 Prime Securities a dividend stock?
Yes, Prime Securities is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Prime Securities a good dividend stock?
Whether Prime Securities is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Prime Securities has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Prime Securities 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 Prime Securities pay dividends monthly?
Prime Securities typically pays dividends on a annually basis.
Does Prime Securities pay dividends quarterly?
Prime Securities currently pays dividends on a annually basis.
Has Prime Securities ever paid a dividend?
Yes, Prime Securities has a history of paying dividends to its shareholders. Prime Securities is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Prime Securities dividend stocks?
To buy Prime Securities 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 Prime Securities 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 Prime Securities pay dividends 2024?
Prime Securities pays dividends on a annually basis. 2024 dividend payments are in 2024-07-27. 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 Prime Securities increase its dividend in 2024?
Decisions regarding Prime Securities 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 Prime Securities dividend overview you can look into the above table of dividend history.
How Prime Securities dividend works?
The Prime Securities 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 Prime Securities's dividend process works:

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

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

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