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Advait Infratech Ltd. engages in the provision of power transmission, power substation, and telecommunication infrastructure field solutions. It offers optical fiber ground wire and optical fiber cables, insulators for the extra high voltage transmission lines, stringing tools for construction of transmission lines, supply of gas insulators sub stations, and transmission and substation lines. The company was founded in 2009 and is headquartered in Ahmedabad, India.

Advait Infratech Dividend Announcement

Advait Infratech announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
Advait Infratech annual dividend for 2024 was ₹1.50
Advait Infratech's trailing twelve-month (TTM) dividend yield is 0.1%

Advait Infratech Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-23₹1.50annually2024-10-30
2022-06-20₹1.00annually2022-07-28
2021-09-13₹1.00annually2021-10-21

Advait Infratech Dividend per year

Advait Infratech Dividend Yield

Advait Infratech current trailing twelve-month (TTM) dividend yield is 0.1%. Interested in purchasing Advait Infratech stock? Use our calculator to estimate your expected dividend yield:

Advait Infratech Financial Ratios

P/E ratio69.73
PEG ratio-0.70
P/B ratio9.48
ROE25.52%
Payout ratio0.00%
Current ratio1.92
Quick ratio1.79
Cash Ratio0.20

Advait Infratech Dividend FAQ

Does Advait Infratech stock pay dividends?
Advait Infratech does not currently pay dividends to its shareholders.
Has Advait Infratech ever paid a dividend?
No, Advait Infratech has no a history of paying dividends to its shareholders. Advait Infratech is not known for its dividend payments.
Why doesn't Advait Infratech pay dividends?
There are several potential reasons why Advait Infratech 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.
Will Advait Infratech 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 Advait Infratech 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 Advait Infratech a dividend aristocrat?
Advait Infratech 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 Advait Infratech a dividend king?
Advait Infratech 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 Advait Infratech a dividend stock?
No, Advait Infratech 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 Advait Infratech stocks?
To buy Advait Infratech 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 Advait Infratech 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.