Praj Industries Limited Stock Dividends
Praj Industries Limited Stock Dividends Overview
PRAJIND.NS pays dividends yearly. Last paid amount was ₹4.50 at Jul 19, 2023. As of today, dividend yield (TTM) is 1.06%.
Dividend Yield Range
AI Analysis of PRAJIND.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.06% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹4.50 |
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Praj Industries Limited has not yet announced its next dividend date. Last payment date was: Jul 19, 2023.
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PRAJIND Dividend Payout History
To ensure a understanding of PRAJIND's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 19, 2023 | Jul 19, 2023 | Jul 19, 2023 | ₹4.50 | 1.06% |
| 2 | Jul 27, 2022 | Jul 27, 2022 | Jul 27, 2022 | ₹1.50 | 0.384% |
| 3 | Aug 03, 2021 | Aug 03, 2021 | Aug 03, 2021 | ₹2.16 | 0.565% |
| 4 | Feb 26, 2020 | Mar 13, 2020 | Mar 24, 2020 | ₹2.70 | 6.03% |
| 5 | May 16, 2019 | Jul 15, 2019 | Aug 22, 2019 | ₹1.62 | 1.69% |
| 6 | Jan 28, 2019 | Feb 07, 2019 | Feb 27, 2019 | ₹0.500 | 0.359% |
| 7 | May 16, 2018 | Jul 27, 2018 | Sep 05, 2018 | ₹1.62 | 1.90% |
| 8 | May 24, 2017 | Aug 02, 2017 | Sep 11, 2017 | ₹1.62 | 2.26% |
| 9 | Mar 04, 2016 | Mar 17, 2016 | Jun 01, 2016 | ₹1.62 | 1.91% |
| 10 | May 28, 2015 | Jul 29, 2015 | Sep 05, 2015 | ₹1.62 | 2.01% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
PRAJIND Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from PRAJIND dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PRAJIND stock here.
Comparing PRAJIND to Sector and Country
PRAJIND.NS pays a solid dividend yield of 1.06%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.163%). PRAJIND.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the IN market (2.56%), which means that there are more attractive dividend stocks to consider.
