Alstone Textiles (India) Ltd. engages in trading in fabric and investment activities. The firm offers Cotton, Woollen, Art Silk, Natural Silk, Readymade Garments, Hosiery, Synthetics Fiber and Fabric and Mixed Fabrics. The company was founded on May 25, 1985 and is headquartered in New Delhi, India.
Alstone Textiles Dividend Announcement
• Alstone Textiles does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Alstone Textiles dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Alstone Textiles Dividend History
Alstone Textiles Dividend Yield
Alstone Textiles current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Alstone Textiles stock? Use our calculator to estimate your expected dividend yield:
Alstone Textiles Financial Ratios
P/E ratio22.85
PEG ratio1.60
P/B ratio0.67
ROE2.99%
Payout ratio0.00%
Current ratio72.12
Quick ratio72.12
Cash Ratio0.00
Alstone Textiles Dividend FAQ
Does Alstone Textiles stock pay dividends?
Alstone Textiles does not currently pay dividends to its shareholders.
Has Alstone Textiles ever paid a dividend?
No, Alstone Textiles has no a history of paying dividends to its shareholders. Alstone Textiles is not known for its dividend payments.
Why doesn't Alstone Textiles pay dividends?
There are several potential reasons why Alstone Textiles 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 Alstone Textiles 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 Alstone Textiles 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 Alstone Textiles a dividend aristocrat?
Alstone Textiles 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 Alstone Textiles a dividend king?
Alstone Textiles 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 Alstone Textiles a dividend stock?
No, Alstone Textiles 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 Alstone Textiles stocks?
To buy Alstone Textiles 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 Alstone Textiles 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 Alstone Textiles 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.