Alfa Transformers Ltd. is engaged in the design, manufacture, repair, and sale of electrical transformers. It develops transformer such as furnace transformer, stabilized output transformer, and single phase transformers. The company was founded on December 28, 1982 and is headquartered in Bhubaneswar, India.
Alfa Transformers Dividend Announcement
• Alfa Transformers announced a annually dividend of ₹1.00 per ordinary share which will be made payable on . Ex dividend date: 2010-07-26
• Alfa Transformers's trailing twelve-month (TTM) dividend yield is -%
Alfa Transformers Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2010-07-26 | ₹1.00 | annually | |
| 2009-07-22 | ₹1.00 | annually |
Alfa Transformers Dividend per year
Alfa Transformers Dividend Yield
Alfa Transformers current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Alfa Transformers stock? Use our calculator to estimate your expected dividend yield:
Alfa Transformers Financial Ratios
P/E ratio114.74
PEG ratio1.02
P/B ratio5.40
ROE4.84%
Payout ratio0.00%
Current ratio1.60
Quick ratio1.05
Cash Ratio0.00
Alfa Transformers Dividend FAQ
Does Alfa Transformers stock pay dividends?
Alfa Transformers does not currently pay dividends to its shareholders.
Has Alfa Transformers ever paid a dividend?
No, Alfa Transformers has no a history of paying dividends to its shareholders. Alfa Transformers is not known for its dividend payments.
Why doesn't Alfa Transformers pay dividends?
There are several potential reasons why Alfa Transformers 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 Alfa Transformers 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 Alfa Transformers 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 Alfa Transformers a dividend aristocrat?
Alfa Transformers 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 Alfa Transformers a dividend king?
Alfa Transformers 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 Alfa Transformers a dividend stock?
No, Alfa Transformers 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 Alfa Transformers stocks?
To buy Alfa Transformers 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 Alfa Transformers 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 Alfa Transformers 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.