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Shriram Pistons & Rings Limited manufactures and sells automotive components in India. It offers pistons, piston pins, piston rings, and engine valves. The company also provides cylinder liners, crankshafts, connecting rods, cylinder heads, and lubricating oils; fuel, air, cabin, and hydraulic filters; and cylinder head gaskets. It also exports its products. The company serves OEMs operating in the passenger and commercial vehicles, cars/SUVs, two and three wheelers, tractors, off-highway vehicles, and industrial engines markets. The company was incorporated in 1963 and is headquartered in New Delhi, India.

Shriram Pistons & Rings Dividend Announcement

Shriram Pistons & Rings announced a quarterly dividend of ₹5.00 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-07-16
Shriram Pistons & Rings annual dividend for 2024 was ₹10.00
Shriram Pistons & Rings annual dividend for 2023 was ₹25.00
Shriram Pistons & Rings's trailing twelve-month (TTM) dividend yield is 0.46%
Shriram Pistons & Rings's dividend growth over the last five years (2018-2023) was 20.11% year

Shriram Pistons & Rings Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-16₹5.00quarterly2024-08-23
2024-02-09₹5.00quarterly
2023-06-27₹10.00quarterly
2023-06-23₹5.00quarterly2023-08-05
2023-02-20₹10.00quarterly2023-03-09
2022-06-21₹4.00quarterly2022-07-29
2022-02-08₹6.00quarterly2022-02-26
2021-02-09₹6.00quarterly2021-02-27
2021-02-04₹12.00quarterly
2020-03-19₹3.00quarterly2020-03-30
2020-02-05₹3.00quarterly2020-02-20
2019-07-01₹6.00quarterly2019-07-23
2019-02-12₹4.00quarterly2019-02-28
2018-07-02₹6.00quarterly2018-07-24
2018-02-14₹4.00quarterly2018-02-26
2016-11-17₹3.00quarterly
2016-06-16₹2.00quarterly

Shriram Pistons & Rings Dividend per year

Shriram Pistons & Rings Dividend growth

Shriram Pistons & Rings Dividend Yield

Shriram Pistons & Rings current trailing twelve-month (TTM) dividend yield is 0.46%. Interested in purchasing Shriram Pistons & Rings stock? Use our calculator to estimate your expected dividend yield:

Shriram Pistons & Rings Financial Ratios

P/E ratio20.59
PEG ratio0.21
P/B ratio4.48
ROE23.84%
Payout ratio0.00%
Current ratio2.62
Quick ratio2.11
Cash Ratio0.05

Shriram Pistons & Rings Dividend FAQ

How much is the next Shriram Pistons & Rings dividend?
Shriram Pistons & Rings's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shriram Pistons & Rings dividend. The next Shriram Pistons & Rings dividend will be released in February, June, or June.
When is Shriram Pistons & Rings dividend paid?
Shriram Pistons & Rings pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, June, and 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 Shriram Pistons & Rings pay?
The specific amount of Shriram Pistons & Rings 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 Shriram Pistons & Rings's dividend history.
Does Shriram Pistons & Rings stock pay dividends?
Yes, Shriram Pistons & Rings 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 Shriram Pistons & Rings's dividend history.
How much dividend does Shriram Pistons & Rings pay?
Shriram Pistons & Rings paid ₹10 in 2024, ₹25 in 2023, ₹10 in 2022, ₹18 in 2021, and ₹6 in 2020.
How often does Shriram Pistons & Rings pay dividends?
Shriram Pistons & Rings 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, June, and June.
What is Shriram Pistons & Rings's dividend yield?
The current dividend yield for Shriram Pistons & Rings is 0.46%. 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 Shriram Pistons & Rings's exact dividend yield.
When does Shriram Pistons & Rings go ex dividend?
Shriram Pistons & Rings's ex-dividend date for the latest dividend was on 2024-07-16. Shriram Pistons & Rings 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 Shriram Pistons & Rings dividend paid?
Shriram Pistons & Rings pays dividends on a quarterly basis, typically around February, June, or June, but the exact dates can vary each year.
Will Shriram Pistons & Rings 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 Shriram Pistons & Rings 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 Shriram Pistons & Rings dividend per share?
Shriram Pistons & Rings paid ₹10 per share in 2024 and ₹25 per share in 2023. The amount of dividend per share that Shriram Pistons & Rings 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 Shriram Pistons & Rings 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 Shriram Pistons & Rings 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 Shriram Pistons & Rings a dividend stock?
Yes, Shriram Pistons & Rings is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shriram Pistons & Rings a good dividend stock?
Whether Shriram Pistons & Rings is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shriram Pistons & Rings has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shriram Pistons & Rings 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 Shriram Pistons & Rings pay dividends monthly?
Shriram Pistons & Rings typically pays dividends on a quarterly basis.
Does Shriram Pistons & Rings pay dividends quarterly?
Shriram Pistons & Rings currently pays dividends on a quarterly basis.
Has Shriram Pistons & Rings ever paid a dividend?
Yes, Shriram Pistons & Rings has a history of paying dividends to its shareholders. Shriram Pistons & Rings is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shriram Pistons & Rings dividend stocks?
To buy Shriram Pistons & Rings 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 Shriram Pistons & Rings 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 Shriram Pistons & Rings pay dividends 2024?
Shriram Pistons & Rings pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-23. 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 Shriram Pistons & Rings increase its dividend in 2024?
Decisions regarding Shriram Pistons & Rings 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 Shriram Pistons & Rings dividend overview you can look into the above table of dividend history.
How Shriram Pistons & Rings dividend works?
The Shriram Pistons & Rings 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 Shriram Pistons & Rings's dividend process works:

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

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

3. Currency: Shriram Pistons & Rings 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 Shriram Pistons & Rings pay dividends?
Shriram Pistons & Rings 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 Shriram Pistons & Rings pay dividends?
The general pattern is that Shriram Pistons & Rings pays dividends around February, June, and 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 Shriram Pistons & Rings dividend safe?
The safety of Shriram Pistons & Rings'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 Shriram Pistons & Rings'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 Shriram Pistons & Rings'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.