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Shriram Pistons & Rings Limited Stock Dividends Overview

SHRIPISTON.NS pays dividends biannually. Last paid amount was ₹5.00 at Feb 28, 2024. As of today, dividend yield (TTM) is 0.309%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 0.309%
Frequency Biannually
1Y Growth 0%
Payout Ratio 0
Amount Per Share ₹5.00
Next Ex-Dividend Date Jul 16, 2024
Next Payment Date Aug 23, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from SHRIPISTON the purchase should be done within the next 16 days.
Here's a simple guide on how to buy SHRIPISTON stock.

SHRIPISTON Dividend Payout History

To ensure a understanding of SHRIPISTON'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.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 16, 2024 Jul 16, 2024 Aug 23, 2024 ₹10.00 0.523%
2 Feb 09, 2024 Feb 09, 2024 Feb 28, 2024 ₹5.00 0.309%
3 Jun 27, 2023 Jun 27, 2023 Jun 27, 2023 ₹5.00 0.479%
4 Jun 23, 2023 Jun 23, 2023 Jun 23, 2023 ₹2.50 0.264%
5 Feb 20, 2023 Feb 20, 2023 Feb 20, 2023 ₹10.00 1.66%
6 Jun 21, 2022 Jun 21, 2022 Jun 21, 2022 ₹4.00 1.20%
7 Feb 08, 2022 Feb 08, 2022 Feb 08, 2022 ₹6.00 1.53%
8 Feb 09, 2021 Feb 09, 2021 Feb 09, 2021 ₹6.00 1.42%
9 Feb 04, 2021 Feb 04, 2021 Feb 04, 2021 ₹6.00 1.51%
10 Mar 06, 2020 Mar 19, 2020 Mar 30, 2020 ₹3.00 1.44%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

good (88.26%)

Growth potential

Stable (35.97%)

SHRIPISTON Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from SHRIPISTON 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 SHRIPISTON stock here.

Comparing SHRIPISTON to Sector and Country

SHRIPISTON.NS pays a solid dividend yield of 0.309%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.200%). SHRIPISTON.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the IN market (3.28%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of SHRIPISTON.NS's dividend payments?
The amount of SHRIPISTON.NS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in SHRIPISTON.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from SHRIPISTON.NS stock be automatically reinvested?
If SHRIPISTON.NS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy SHRIPISTON.NS stock.

How often does SHRIPISTON.NS pay dividend?
Shriram Pistons & Rings Limited (SHRIPISTON.NS) pays dividends biannually. The most recent payout was on Feb 28, 2024. The upcoming dividend Ex Date is Jul 16, 2024, with an amount of ₹10.00.

How much does SHRIPISTON.NS pays per share?
The last recorder (Feb 09, 2024) dividend per share was ₹5.00.

What is SHRIPISTON.NS dividend growth rate?
Over the last year, Shriram Pistons & Rings Limited has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been -5.90%. Furthermore, examining the past 5 years, Shriram Pistons & Rings Limited has maintained an average Dividends Per Share Growth Rate of -3.58%.
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About Shriram Pistons & Rings Limited

Shriram Pistons & Rings Limited 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, tw... SHRIPISTON.NS Profile

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