Pidilite Share: Is Pidilite Giving Dividends?
Are you thinking of investing in Pidilite Ltd ( PIDILITE SHARE PRICE )? If so, then you should be asking yourself if the company pays dividends and if so, how much do they pay? This article will tell you everything you need to know about Pidilite dividend policies and payout ratios, as well as give you some hints on what to look out for when it comes to payout ratios,pidilite share price volatility and more.
About Pidilite
It is a leading player in a fragmented household care market, with presence across segments like healthcare, homecare and personal care. The company has around 400 distributors selling its products across rural areas. These distributors also act as stockists and sell to retailers in these areas. It has six manufacturing facilities located at Bhiwadi (Rajasthan), Karnataka, Maharashtra and Delhi that are spread over 75 acres of land. All its manufacturing facilities comply with world-class quality standards.
Are there enough assets to pay dividends?
When you invest in stocks, you get a slice of ownership in a company, which comes with certain rights. One of those rights is typically receiving regular payments from that company, usually in the form of dividends. If a company has enough money to cover its bills and other expenses, it can use any leftover money to pay out dividends to shareholders. However, if it doesn’t have enough cash for all of its needs, it might skip paying dividends for some time until profits or revenues rise again. This can be an important consideration when deciding whether or not to invest in a stock—you wouldn’t want your pidilite share price going down because management was force to cut back on dividends because they were having trouble generating enough income.
Can the company declare dividends in the future?
Yes, but it can't be certain that they will. There is always a risk that dividends could be cut or even eliminat in times of economic uncertainty. If a company has been paying regular dividends for at least five years, though, investors are more likely to expect that it will continue paying them going forward. Because most companies pay dividends to shareholders only once or twice per year, do not make dividend payments their primary source of income. In fact, you shouldn't even depend on getting dividends at all; instead invest with a longer-term perspective and look to build capital in order to profit when stock prices rise as they often do over time.
What is the conclusion on whether Pidilite pays dividends or not?
Though Pidilite has a great record of increasing dividends year on year, it has not paid a dividend to its shareholders since 2003. As such, investors in Pidilite are not eligible for dividends. It is important to note that due to corporate restructuring and its merger with Sandoz Pharma Ltd., all rights (including rights relating to shares held by existing shareholders) of existing shareholders have been extinguish; as such, they will receive no further cash dividends or bonus shares in respect of their holdings in Pidilite unless and until they redeem their holdings with the company. Moreover, there is no assurance that any dividend on future issue will be declare.