Arihant Foundations & Housing Ltd. engages in the business of constructions of residential, commercial complexes, and IT parks. The company was founded by Navratan Lunawath on March 6, 1992, and is headquartered in Chennai, India.
Arihant Foundations & Housing Dividend Announcement
• Arihant Foundations & Housing announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-20
• Arihant Foundations & Housing annual dividend for 2024 was ₹1.00
• Arihant Foundations & Housing's trailing twelve-month (TTM) dividend yield is 0.11%
Arihant Foundations & Housing Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-20 | ₹1.00 | annually | 2024-10-30 |
| 2012-03-21 | ₹1.00 | annually | |
| 2011-03-23 | ₹1.00 | annually | |
| 2010-03-17 | ₹1.00 | annually | |
| 2009-03-09 | ₹1.00 | annually | |
| 2008-03-18 | ₹4.00 | annually | |
| 2007-03-14 | ₹2.00 | annually | |
| 2006-03-16 | ₹1.50 | annually | |
| 2004-03-11 | ₹1.00 | annually | |
| 2002-02-28 | ₹1.50 | annually |
Arihant Foundations & Housing Dividend per year
Arihant Foundations & Housing Dividend growth
Arihant Foundations & Housing Dividend Yield
Arihant Foundations & Housing current trailing twelve-month (TTM) dividend yield is 0.11%. Interested in purchasing Arihant Foundations & Housing stock? Use our calculator to estimate your expected dividend yield:
Arihant Foundations & Housing Financial Ratios
P/E ratio25.17
PEG ratio0.25
P/B ratio3.59
ROE15.50%
Payout ratio0.00%
Current ratio1.86
Quick ratio1.07
Cash Ratio0.01
Arihant Foundations & Housing Dividend FAQ
Does Arihant Foundations & Housing stock pay dividends?
Arihant Foundations & Housing does not currently pay dividends to its shareholders.
Has Arihant Foundations & Housing ever paid a dividend?
No, Arihant Foundations & Housing has no a history of paying dividends to its shareholders. Arihant Foundations & Housing is not known for its dividend payments.
Why doesn't Arihant Foundations & Housing pay dividends?
There are several potential reasons why Arihant Foundations & Housing 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 Arihant Foundations & Housing 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 Arihant Foundations & Housing 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 Arihant Foundations & Housing a dividend aristocrat?
Arihant Foundations & Housing 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 Arihant Foundations & Housing a dividend king?
Arihant Foundations & Housing 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 Arihant Foundations & Housing a dividend stock?
No, Arihant Foundations & Housing 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 Arihant Foundations & Housing stocks?
To buy Arihant Foundations & Housing 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 Arihant Foundations & Housing 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 Arihant Foundations & Housing 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.