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Piramal Enterprises (BOM:500302) Dividend Yield % : 3.73% (As of May. 16, 2024)


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What is Piramal Enterprises Dividend Yield %?

As of today (2024-05-16), the Trailing Annual Dividend Yield of Piramal Enterprises is 3.73%.

The historical rank and industry rank for Piramal Enterprises's Dividend Yield % or its related term are showing as below:

BOM:500302' s Dividend Yield % Range Over the Past 10 Years
Min: 0.99   Med: 3.42   Max: 13.31
Current: 3.73

During the past 13 years, the highest Dividend Yield of Piramal Enterprises was 13.31%. The lowest was 0.99%. And the median was 3.42%.

BOM:500302's Dividend Yield % is ranked better than
57.14% of 42 companies
in the Diversified Financial Services industry
Industry Median: 3.205 vs BOM:500302: 3.73

Piramal Enterprises's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Piramal Enterprises Ltd is 1.34, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Piramal Enterprises was 1.94. The lowest was 0.13. And the median was 0.31.

As of today (2024-05-16), the Forward Dividend Yield % of Piramal Enterprises is 3.73%.

Piramal Enterprises's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Piramal Enterprises's average Dividends Per Share Growth Rate was -6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Piramal Enterprises was 178.40% per year. The lowest was -55.90% per year. And the median was 12.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Piramal Enterprises Dividend Yield % Historical Data

The historical data trend for Piramal Enterprises's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Piramal Enterprises Dividend Yield % Chart

Piramal Enterprises Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 0.80 1.51 4.87 3.65

Piramal Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.87 3.29 2.95 3.33 3.65

Competitive Comparison of Piramal Enterprises's Dividend Yield %

For the Financial Conglomerates subindustry, Piramal Enterprises's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Piramal Enterprises's Dividend Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Piramal Enterprises's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Piramal Enterprises's Dividend Yield % falls into.



Piramal Enterprises Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Piramal Enterprises Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 31.0000002023-06-162023-06-162023-07-04Cash DividendannuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Piramal Enterprises's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=31/825.05
=3.76 %

Current Share Price is ₹825.05.
Piramal Enterprises's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹31.

Piramal Enterprises's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=31/825.05
=3.76 %

Current Share Price is ₹825.05.
Piramal Enterprises's Dividends per Share for the forward twelve months is calculated as ₹31 * 1 = ₹31.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Piramal Enterprises  (BOM:500302) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Piramal Enterprises Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Piramal Enterprises's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Piramal Enterprises (BOM:500302) Business Description

Traded in Other Exchanges
Address
LBS Marg, Kamani Junction, Opposite Fire Brigade, Agastya Corporate Park, Piramal Ananta, Kurla (West), Mumbai, MH, IND, 400 070
Piramal Enterprises Ltd is a global business conglomerate with an interest in financial services and real estate. The company offers a wide range of financial products and solutions, with exposure across both Retail and Wholesale lending.

Piramal Enterprises (BOM:500302) Headlines

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