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 yield | 0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Earnings per share | ₹16.96 |
| Dividend yield forecast | 0.6% |
Recent dividend updates
Prince Pipes and Fittings (NSE:PRINCEPIPE) Has Affirmed Its Dividend Of ₹2.00
Aug 28
Prince Pipes and Fittings' (NSE:PRINCEPIPE) Dividend Will Be ₹2.00
Aug 12Recent updates
Prince Pipes and Fittings Limited's (NSE:PRINCEPIPE) Price Is Out Of Tune With Earnings
Jun 12We Think You Should Be Aware Of Some Concerning Factors In Prince Pipes and Fittings' (NSE:PRINCEPIPE) Earnings
May 24Here's Why Prince Pipes and Fittings (NSE:PRINCEPIPE) Can Manage Its Debt Responsibly
Mar 26Be Wary Of Prince Pipes and Fittings (NSE:PRINCEPIPE) And Its Returns On Capital
Dec 05When Should You Buy Prince Pipes and Fittings Limited (NSE:PRINCEPIPE)?
Sep 21Is Prince Pipes and Fittings (NSE:PRINCEPIPE) Using Too Much Debt?
Aug 11Is It Too Late To Consider Buying Prince Pipes and Fittings Limited (NSE:PRINCEPIPE)?
May 27Prince Pipes and Fittings (NSE:PRINCEPIPE) Has A Somewhat Strained Balance Sheet
Mar 29Is Prince Pipes and Fittings (NSE:PRINCEPIPE) Using Too Much Debt?
Dec 22Should You Think About Buying Prince Pipes and Fittings Limited (NSE:PRINCEPIPE) Now?
Oct 28Prince Pipes and Fittings (NSE:PRINCEPIPE) Has Affirmed Its Dividend Of ₹2.00
Aug 28Prince Pipes and Fittings' (NSE:PRINCEPIPE) Dividend Will Be ₹2.00
Aug 12Prince Pipes and Fittings (NSE:PRINCEPIPE) Has A Pretty Healthy Balance Sheet
Jun 07Prince Pipes and Fittings Limited (NSE:PRINCEPIPE) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?
May 22Should You Think About Buying Prince Pipes and Fittings Limited (NSE:PRINCEPIPE) Now?
Mar 29Investors Shouldn't Overlook The Favourable Returns On Capital At Prince Pipes and Fittings (NSE:PRINCEPIPE)
Feb 15Stability 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 |
|---|
| Segment | Dividend 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.