Patanjali Foods Share: Baba Ramdev’s Company Giving Out Highest Dividend EverBaba Ramdev company Patanjali foods have chest announced their highest dividend payout ever, and these are the Things you Must Know if You are Thinking to Avail the DividendsÂ
Why Baba Ramdev is Important For This Dividend?
Because Baba Ramdev is popular spiritual leader and yoga instructor it was share to imagine him as a guy in market, but he has manage to out done himself, and surpass the expectation of every individual and manage to set up a successful company called Patanjali.
Moreover, Patanjali food share have been more successful than most of the corporate in the market. With the market capitalisation of 64549 crores, Patanjali is one of the largest groups in FMCG industry of India. Â
Performance of Baba Ramdev’s Promoted Patanjali in Market
As of now the stocks of Patanjali is treated around the price of 1800, the company have ensured at 29.57% return in just 1 year while sunset itself have delivered result of 22%, given a decent performance from Patanjali Foods.
As of now Patanjali is having a decreasing debt to equity, 5 times premium to book value, and rising book value which have been portraying a positive indicators and technicals in Patanjali. However, decreasing ROE and ROCE with decreasing promoters holding is somewhat check for concern.
Why Highest Dividend Ever in Patanjali is a Checkpoint for Attention?
Because of Patanjali declaration of 400% interim dividend for FY 2024-25, investors have suddenly spike their attention towards Patanjali causing increase in their prices, and the trend and follow up in next week also.
The interim dividend of Rs. 8 share of Rs. 2 face value each fully paid up for financial year 2024-25. The Patanjali shares mil trade ex dividend excluding new buyers from this pay out.
Why Baba Ramdev Remain a Concern for Patanjali shareholders?
Since Baba Ramdev doesn’t refrain himself from political statements along with controversial claims for their products have negative impacted the Patanjali image as a corporate.
Most prominent example of it would be claim of curing covid-19 with a energy booster pin from Patanjali.
All of this have contributed to a negative connotation attached to Patanjali and investors aren’t happy about it. If this remain continues then even the announcement of highest dividend ever will not impact much of the investor as well as to the company itself because they have already lost much more than what they would be earning through this dividend.
All in all, Patanjali has announced its highest dividend ever of 400% with the face value of 2 rupees making a dividend amount of 8 rupees per share, however, it is only applicable for old investors but with the negative marketing specifically from Baba Ramdev have made value of this dividend somewhat expensive in long.Â
Disclaimer: Demat Dive is not giving any buying advice on any stock. Consult a SEBI registered advisor before investing anywhere.
Patanjali Foods Share
Baba Ramdev Company
