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Agarwal Industrial Corporation Limited primarily manufactures and trades in petrochemicals in India. The company operates through Petrochemical Business, Transportation, and Sale of Power segments. Its products include paving grade bitumen, industrial-grade bitumen, viscosity grade bitumen, bitumen emulsions for road construction, crumb rubber modified bitumen, polymer modified bitumen, byproducts/waterproofing materials, bituminous felt, bituminous expansion jointing boards, bitumen coats and paints, bitumen insulation materials, bitubonds, bituplasts, bituminous blacks, bitukotes, bitupremier, and cable compounds. The company also transports bulk bitumen and bulk LPG; and generates power through windmills, as well as imports and stores bitumen. The company was formerly known as Bombay Baroda Roadways (India) Limited and changed its name to Agarwal Industrial Corporation Limited in March 2008. Agarwal Industrial Corporation Limited was incorporated in 1995 and is based in Mumbai, India.

Agarwal Industrial Dividend Announcement

• Agarwal Industrial announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-10-13. Ex dividend date: 2024-09-06
• Agarwal Industrial annual dividend for 2024 was ₹3.00
• Agarwal Industrial's trailing twelve-month (TTM) dividend yield is 0.24%

Agarwal Industrial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-06₹3.00annually2024-10-13
2022-09-22₹2.00annually
2021-09-22₹1.80annually
2020-09-22₹1.50annually
2019-09-20₹1.80annually2019-10-30
2018-09-19₹1.50annually2018-10-29
2017-09-22₹1.50annually2017-10-30
2016-09-14₹1.50annually2016-10-22
2015-09-22₹1.50annually2015-10-30
2014-09-19₹1.40annually2014-10-30

Agarwal Industrial Dividend per year

Agarwal Industrial Dividend growth

Agarwal Industrial Dividend Yield

Agarwal Industrial current trailing twelve-month (TTM) dividend yield is 0.24%. Interested in purchasing Agarwal Industrial stock? Use our calculator to estimate your expected dividend yield:

Agarwal Industrial Financial Ratios

P/E ratio15.09
PEG ratio-3.43
P/B ratio3.29
ROE25.04%
Payout ratio0.00%
Current ratio1.42
Quick ratio1.02
Cash Ratio0.09

Agarwal Industrial Dividend FAQ

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