3P Land Holdings Limited, formerly Pudumjee Industries Limited, is a Mumbai-based company engaged in investment, lending, and real estate leasing businesses in India. Established in 1965, the company changed its name in April 2018.
3P Land Dividend Announcement
• 3P Land announced a annually dividend of ₹0.20 per ordinary share which will be made payable on . Ex dividend date: 2010-08-18
• 3P Land's trailing twelve-month (TTM) dividend yield is -%
3P Land Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2010-08-18 | ₹0.20 | annually | |
| 2000-04-10 | ₹5.00 | annually |
3P Land Dividend per year
3P Land Dividend Yield
3P Land current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing 3P Land stock? Use our calculator to estimate your expected dividend yield:
3P Land Financial Ratios
P/E ratio52.45
PEG ratio0.52
P/B ratio0.68
ROE1.88%
Payout ratio0.00%
Current ratio66.30
Quick ratio66.30
Cash Ratio0.86
3P Land Dividend FAQ
Does 3P Land stock pay dividends?
3P Land does not currently pay dividends to its shareholders.
Has 3P Land ever paid a dividend?
No, 3P Land has no a history of paying dividends to its shareholders. 3P Land is not known for its dividend payments.
Why doesn't 3P Land pay dividends?
There are several potential reasons why 3P Land would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will 3P Land ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While 3P Land has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is 3P Land a dividend aristocrat?
3P Land is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is 3P Land a dividend king?
3P Land is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is 3P Land a dividend stock?
No, 3P Land is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy 3P Land stocks?
To buy 3P Land you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy 3P Land stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy 3P Land stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.