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Aeroflex Industries Limited manufactures and sells stainless-steel corrugated flexible hoses and hose assemblies in India. The company offers corrugated stainless-steel hoses, corrugated stainless steel hoses with braids, gas hoses, fitting end connections, double interlock flexible metal hoses, high pressure hoses, and composite hoses. It also provides stainless steel hose assemblies, such as industrial, jacketed, and vacuum flexible metal hose assemblies; assemblies with standard end fitting, internal liners, and external guards; solar and lancing hoses; and flanged pump, seismic, vibration, and threaded pump connectors, as well as PTFE hoses. The company's products are used in aerospace and defense, semiconductors, robotics and automation, hydrogen, electric mobility, natural gas, steel and metal, petrochemicals and oil refineries, solar, bulk terminal handling, chemicals, food and pharmaceuticals, and paper and pulp, as well as heating, ventilation, and air conditioning industries. It also exports its products. The company was incorporated in 1993 and is based in Navi Mumbai, India. Aeroflex Industries Limited operates as a subsidiary of Sat Industries Limited.

Aeroflex Industries Dividend Announcement

• Aeroflex Industries announced a annually dividend of ₹0.25 per ordinary share which will be made payable on 2024-08-03. Ex dividend date: 2024-06-28
• Aeroflex Industries annual dividend for 2024 was ₹0.25
• Aeroflex Industries's trailing twelve-month (TTM) dividend yield is 0.13%

Aeroflex Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-28₹0.25annually2024-08-03

Aeroflex Industries Dividend per year

Aeroflex Industries Dividend Yield

Aeroflex Industries current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing Aeroflex Industries stock? Use our calculator to estimate your expected dividend yield:

Aeroflex Industries Financial Ratios

P/E ratio54.48
PEG ratio0.74
P/B ratio7.78
ROE15.35%
Payout ratio0.00%
Current ratio2.93
Quick ratio2.24
Cash Ratio0.57

Aeroflex Industries Dividend FAQ

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