Aarvee Denims and Exports Limited manufactures and sells fabrics in India and internationally. It operates in two segments, Textile and Windmill. The company offers cotton fibers; cotton and texturized yarns; ring, shirting, printed, stretch, satin, flat finish, special blend, LYCRA, and other denims; and non-denim fabrics. It is also involved in the wind power generation business. The company was incorporated in 1988 and is headquartered in Ahmedabad, India.
Aarvee Denims and Exports Dividend Announcement
• Aarvee Denims and Exports announced a semi annually dividend of ₹0.50 per ordinary share which will be made payable on 2012-10-29. Ex dividend date: 2012-08-30
• Aarvee Denims and Exports's trailing twelve-month (TTM) dividend yield is -%
Aarvee Denims and Exports Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2012-08-30 | ₹0.50 | semi annually | 2012-10-29 |
| 2010-09-23 | ₹0.50 | semi annually | 2010-10-30 |
| 2010-08-25 | ₹0.50 | semi annually | 2010-09-10 |
| 2009-10-30 | ₹0.50 | semi annually | 2009-12-01 |
| 2007-09-20 | ₹0.50 | semi annually |
Aarvee Denims and Exports Dividend per year
Aarvee Denims and Exports Dividend Yield
Aarvee Denims and Exports current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Aarvee Denims and Exports stock? Use our calculator to estimate your expected dividend yield:
Aarvee Denims and Exports Financial Ratios
P/E ratio11.43
PEG ratio-0.36
P/B ratio4.23
ROE74.86%
Payout ratio0.00%
Current ratio1.19
Quick ratio0.81
Cash Ratio0.02
Aarvee Denims and Exports Dividend FAQ
Does Aarvee Denims and Exports stock pay dividends?
Aarvee Denims and Exports does not currently pay dividends to its shareholders.
Has Aarvee Denims and Exports ever paid a dividend?
No, Aarvee Denims and Exports has no a history of paying dividends to its shareholders. Aarvee Denims and Exports is not known for its dividend payments.
Why doesn't Aarvee Denims and Exports pay dividends?
There are several potential reasons why Aarvee Denims and Exports 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 Aarvee Denims and Exports 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 Aarvee Denims and Exports 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 Aarvee Denims and Exports a dividend aristocrat?
Aarvee Denims and Exports 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 Aarvee Denims and Exports a dividend king?
Aarvee Denims and Exports 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 Aarvee Denims and Exports a dividend stock?
No, Aarvee Denims and Exports 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 Aarvee Denims and Exports stocks?
To buy Aarvee Denims and Exports 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 Aarvee Denims and Exports 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 Aarvee Denims and Exports 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.