Alfavision Overseas (India) Ltd. engages in trading and cultivation of cotton. It also involves in herbal plantation, real estate, and mining and textile. The company was founded by Vishnu Prasad Goyal on June 2, 1994 and is headquartered in Indore, India.
Alfavision Overseas Dividend Announcement
• Alfavision Overseas announced a annually dividend of ₹0.05 per ordinary share which will be made payable on 2022-10-30. Ex dividend date: 2022-09-29
• Alfavision Overseas's trailing twelve-month (TTM) dividend yield is -%
Alfavision Overseas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-09-29 | ₹0.05 | annually | 2022-10-30 |
2021-09-22 | ₹0.20 | annually | 2021-10-30 |
Alfavision Overseas Dividend per year
Alfavision Overseas Dividend Yield
Alfavision Overseas current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Alfavision Overseas stock? Use our calculator to estimate your expected dividend yield:
Alfavision Overseas Financial Ratios
P/E ratio-115.78
PEG ratio-4.17
P/B ratio1.07
ROE-1.84%
Payout ratio0.00%
Current ratio31.07
Quick ratio31.07
Cash Ratio0.19
Alfavision Overseas Dividend FAQ
Does Alfavision Overseas stock pay dividends?
Alfavision Overseas does not currently pay dividends to its shareholders.
Has Alfavision Overseas ever paid a dividend?
No, Alfavision Overseas has no a history of paying dividends to its shareholders. Alfavision Overseas is not known for its dividend payments.
Why doesn't Alfavision Overseas pay dividends?
There are several potential reasons why Alfavision Overseas 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 Alfavision Overseas 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 Alfavision Overseas 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 Alfavision Overseas a dividend aristocrat?
Alfavision Overseas 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 Alfavision Overseas a dividend king?
Alfavision Overseas 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 Alfavision Overseas a dividend stock?
No, Alfavision Overseas 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 Alfavision Overseas stocks?
To buy Alfavision Overseas 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 Alfavision Overseas 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 Alfavision Overseas 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.