Ajanta Soya Ltd. engages in the manufacture of vanaspati and cooking oil with shortening products for bakery like biscuits, puffs, pastries and other applications. Its brands include Dhruv, Anchal and Parv. The company was founded on January 13, 1992 and is headquartered in New Delhi, India.
Ajanta Soya Dividend Announcement
• Ajanta Soya does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Ajanta Soya dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Ajanta Soya Dividend History
Ajanta Soya Dividend Yield
Ajanta Soya current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ajanta Soya stock? Use our calculator to estimate your expected dividend yield:
Ajanta Soya Financial Ratios
P/E ratio37.14
PEG ratio0.37
P/B ratio2.94
ROE16.18%
Payout ratio0.00%
Current ratio2.03
Quick ratio0.80
Cash Ratio0.05
Ajanta Soya Dividend FAQ
Does Ajanta Soya stock pay dividends?
Ajanta Soya does not currently pay dividends to its shareholders.
Has Ajanta Soya ever paid a dividend?
No, Ajanta Soya has no a history of paying dividends to its shareholders. Ajanta Soya is not known for its dividend payments.
Why doesn't Ajanta Soya pay dividends?
There are several potential reasons why Ajanta Soya 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 Ajanta Soya 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 Ajanta Soya 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 Ajanta Soya a dividend aristocrat?
Ajanta Soya 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 Ajanta Soya a dividend king?
Ajanta Soya 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 Ajanta Soya a dividend stock?
No, Ajanta Soya 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 Ajanta Soya stocks?
To buy Ajanta Soya 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 Ajanta Soya 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 Ajanta Soya 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.