Piramal Enterprises Dividend
Dividend criteria checks 5/6
Piramal Enterprises is a dividend paying company with a current yield of 3.41% that is well covered by earnings.
Key information
3.4%
Dividend yield
7%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -₹89.76 |
| Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Piramal Enterprises (NSE:PEL) Will Pay A Dividend Of ₹33.00
Jul 03
Piramal Enterprises (NSE:PEL) Will Pay A Dividend Of ₹33.00
Jun 19Recent updates
Why Investors Shouldn't Be Surprised By Piramal Enterprises Limited's (NSE:PEL) Low P/E
Jan 24Does Piramal Enterprises (NSE:PEL) Deserve A Spot On Your Watchlist?
Sep 27Piramal Enterprises (NSE:PEL) Will Pay A Dividend Of ₹33.00
Jul 03Piramal Enterprises (NSE:PEL) Will Pay A Dividend Of ₹33.00
Jun 19Piramal Enterprises Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Aug 09This Insider Has Just Sold Shares In Piramal Enterprises Limited (NSE:PEL)
Mar 12Should You Buy Piramal Enterprises Limited (NSE:PEL) For Its 0.7% Dividend?
Mar 07Piramal Enterprises (NSE:PEL) Shareholders Have Enjoyed A 61% Share Price Gain
Feb 09Are Insiders Selling Piramal Enterprises Limited (NSE:PEL) Stock?
Jan 14Here's What Piramal Enterprises Limited's (NSE:PEL) Shareholder Ownership Structure Looks Like
Dec 18Investors In Piramal Enterprises Limited (NSE:PEL) Should Consider This, First
Nov 22
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: PEL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Piramal Enterprises Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PEL) | 3.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Diversified Financial) | 1.2% |
| Analyst forecast in 3 Years (PEL) | 4.2% |
Notable Dividend: PEL's dividend (3.41%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: PEL's dividend (3.41%) is in the top 25% of dividend payers in the Indian market (1.19%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.4%), PEL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.1%), PEL's dividend payments are covered by cash flows.