Archidply Industries Limited manufactures and sells wood and paper based products in India. The company offers decorative laminates; archidply, monarchply, silvi, and ojus plywoods; and PVC boards, WPC board, and hybrid WPC board. Its products are used in hospitality, residential, commercial, hospital, and educational sectors. The company also exports its products to 20 countries. Archidply Industries Limited was founded in 1976 and is based in New Delhi, India.
Archidply Industries Dividend Announcement
• Archidply Industries announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2009-10-01. Ex dividend date: 2009-08-25
• Archidply Industries's trailing twelve-month (TTM) dividend yield is -%
Archidply Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2009-08-25 | ₹1.00 | annually | 2009-10-01 |
| 2008-11-04 | ₹2.00 | annually | 2008-12-01 |
Archidply Industries Dividend per year
Archidply Industries Dividend Yield
Archidply Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Archidply Industries stock? Use our calculator to estimate your expected dividend yield:
Archidply Industries Financial Ratios
P/E ratio-63.64
PEG ratio-210.01
P/B ratio2.16
ROE-3.29%
Payout ratio0.00%
Current ratio1.09
Quick ratio0.64
Cash Ratio0.00
Archidply Industries Dividend FAQ
Does Archidply Industries stock pay dividends?
Archidply Industries does not currently pay dividends to its shareholders.
Has Archidply Industries ever paid a dividend?
No, Archidply Industries has no a history of paying dividends to its shareholders. Archidply Industries is not known for its dividend payments.
Why doesn't Archidply Industries pay dividends?
There are several potential reasons why Archidply Industries 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 Archidply Industries 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 Archidply Industries 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 Archidply Industries a dividend aristocrat?
Archidply Industries 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 Archidply Industries a dividend king?
Archidply Industries 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 Archidply Industries a dividend stock?
No, Archidply Industries 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 Archidply Industries stocks?
To buy Archidply Industries 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 Archidply Industries 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 Archidply Industries 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.