Asian Paints Dividend 2023 :- CMP, Dates, Fundamentals

Asian Paints Dividend: Asian Paints produces a variety of paints for both ornamental and industrial purposes, in addition to wall coverings, water proofing, adhesives, and services. The company deals in home remodeling and decor products in addition to kitchen and bathroom supplies. The business increased its selection by including accessories, furniture, and lighting.

Recent negotiations between the company and Weatherseal Fenestration for the purchase of a 51% interest were finalized. When Weatherseal becomes established in March 2022, it will be in the business of producing uPVC windows and door systems as well as other interior décor and furnishing. Additionally, Asian Paints agreed into a firm agreement to buy a 49% ownership in Obgenix Software, previously known as White Teak, which manufactures fans and decorative lights.

Asian Paints Dividend 2023 Complete Details

Company Asian Paints Limited
Sector Diversified Consumer Services
Industry Furnishing-Paints
Company Listed On NSE, BSE
Dividend Announced Date 15 September, 2023
Dividend Ex-Date 03 November, 2023
Dividend Record Date 03 November, 2023
Dividend Type Interim Type Dividend
Dividend Percentage 500%
Dividend Amount 5.15
More Upcoming Dividends Check Here


Asian Paints Past Dividend History

Date Amount
09 June, 2023 21.25₹
31 October, 2022 4.40₹
09 June, 2022 15.50₹
28 October, 2021 3.65₹
10 June, 2021 14.50₹


Asian Paints Company Fundamental

Company Name Asian Paints Ltd.
Market Capitalization 303,207.2 Cr
PE Ratio 65.3
PB Ratio 18.4
ROA 18.19%
ROE 26.30%
Face Value 1.00₹ Per Share


Is Asian Paints share a good buy?

Asian Paints Ltd.’s price is projected to rise-somewhat in the short run, according to study of price trends, which shows that the trend is semi-strong. However, before making an investment, please review the Quality and Valuation ratings.


What is the future of Asian Paints stock?

With a market capitalization of Rs. 3,05,538 billion and a turnover of 34,489 crore in the fiscal year 2023, Asian Paints is the largest paint company located in Asia and It is the world’s second-largest paint manufacturer.

With its corporate headquarters in Mumbai, Maharashtra, it was established in 1942. Asian Paints manufactures a range of paints for both decorative and industrial uses.

  • Interior and outdoor wall paints.
  • Wood coatings.
  • Varnishes.
  • Enamels.
  • Distempers, and other goods are among its offerings.

Additionally, a variety of services are provided, including design solutions, painting services, and color consulting.

Disclaimer :- We ( Do not recommend any kind of financial advice, if you do any kind of investment or buy and sell any thing then consult your financial advisor.

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