Prince Pipes and Fittings Limited

NSEI:PRINCEPIPE Stock Report

Market Cap: ₹60.5b

Prince Pipes and Fittings Dividend

Dividend criteria checks 1/6

Prince Pipes and Fittings is a dividend paying company with a current yield of 0.18% that is well covered by earnings.

Key information

0.2%

Dividend yield

6%

Payout ratio

Industry average yield0.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹1.000
Earnings per share₹16.96
Dividend yield forecast0.6%

Recent dividend updates

Recent updates

Prince Pipes and Fittings Limited's (NSE:PRINCEPIPE) Price Is Out Of Tune With Earnings

Jun 12
Prince Pipes and Fittings Limited's (NSE:PRINCEPIPE) Price Is Out Of Tune With Earnings

We Think You Should Be Aware Of Some Concerning Factors In Prince Pipes and Fittings' (NSE:PRINCEPIPE) Earnings

May 24
We Think You Should Be Aware Of Some Concerning Factors In Prince Pipes and Fittings' (NSE:PRINCEPIPE) Earnings

Here's Why Prince Pipes and Fittings (NSE:PRINCEPIPE) Can Manage Its Debt Responsibly

Mar 26
Here's Why Prince Pipes and Fittings (NSE:PRINCEPIPE) Can Manage Its Debt Responsibly

Be Wary Of Prince Pipes and Fittings (NSE:PRINCEPIPE) And Its Returns On Capital

Dec 05
Be Wary Of Prince Pipes and Fittings (NSE:PRINCEPIPE) And Its Returns On Capital

When Should You Buy Prince Pipes and Fittings Limited (NSE:PRINCEPIPE)?

Sep 21
When Should You Buy Prince Pipes and Fittings Limited (NSE:PRINCEPIPE)?

Is Prince Pipes and Fittings (NSE:PRINCEPIPE) Using Too Much Debt?

Aug 11
Is Prince Pipes and Fittings (NSE:PRINCEPIPE) Using Too Much Debt?

Is It Too Late To Consider Buying Prince Pipes and Fittings Limited (NSE:PRINCEPIPE)?

May 27
Is It Too Late To Consider Buying Prince Pipes and Fittings Limited (NSE:PRINCEPIPE)?

Prince Pipes and Fittings (NSE:PRINCEPIPE) Has A Somewhat Strained Balance Sheet

Mar 29
Prince Pipes and Fittings (NSE:PRINCEPIPE) Has A Somewhat Strained Balance Sheet

Is Prince Pipes and Fittings (NSE:PRINCEPIPE) Using Too Much Debt?

Dec 22
Is Prince Pipes and Fittings (NSE:PRINCEPIPE) Using Too Much Debt?

Should You Think About Buying Prince Pipes and Fittings Limited (NSE:PRINCEPIPE) Now?

Oct 28
Should You Think About Buying Prince Pipes and Fittings Limited (NSE:PRINCEPIPE) Now?

Prince Pipes and Fittings (NSE:PRINCEPIPE) Has Affirmed Its Dividend Of ₹2.00

Aug 28
Prince Pipes and Fittings (NSE:PRINCEPIPE) Has Affirmed Its Dividend Of ₹2.00

Prince Pipes and Fittings' (NSE:PRINCEPIPE) Dividend Will Be ₹2.00

Aug 12
Prince Pipes and Fittings' (NSE:PRINCEPIPE) Dividend Will Be ₹2.00

Prince Pipes and Fittings (NSE:PRINCEPIPE) Has A Pretty Healthy Balance Sheet

Jun 07
Prince Pipes and Fittings (NSE:PRINCEPIPE) Has A Pretty Healthy Balance Sheet

Prince Pipes and Fittings Limited (NSE:PRINCEPIPE) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

May 22
Prince Pipes and Fittings Limited (NSE:PRINCEPIPE) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Should You Think About Buying Prince Pipes and Fittings Limited (NSE:PRINCEPIPE) Now?

Mar 29
Should You Think About Buying Prince Pipes and Fittings Limited (NSE:PRINCEPIPE) Now?

Investors Shouldn't Overlook The Favourable Returns On Capital At Prince Pipes and Fittings (NSE:PRINCEPIPE)

Feb 15
Investors Shouldn't Overlook The Favourable Returns On Capital At Prince Pipes and Fittings (NSE:PRINCEPIPE)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PRINCEPIPE has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PRINCEPIPE has only been paying a dividend for 5 years, and since then payments have not increased.


Dividend Yield vs Market

Prince Pipes and Fittings Dividend Yield vs Market
How does PRINCEPIPE dividend yield compare to the market?
SegmentDividend Yield
Company (PRINCEPIPE)0.2%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Building)0.5%
Analyst forecast (PRINCEPIPE) (up to 3 years)0.6%

Notable Dividend: PRINCEPIPE's dividend (0.18%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).

High Dividend: PRINCEPIPE's dividend (0.18%) is low compared to the top 25% of dividend payers in the Indian market (1.07%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (6.1%), PRINCEPIPE's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: PRINCEPIPE is paying a dividend but the company has no free cash flows.


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