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Arvind SmartSpaces Limited engages in the development of real estate projects in India. It develops residential, commercial, and industrial projects located in Ahmedabad, Gandhinagar, Bengaluru, and Pune. The company was formerly known as Arvind Infrastructure Limited and changed its name to Arvind SmartSpaces Limited in November 2016. Arvind SmartSpaces Limited was incorporated in 2008 and is headquartered in Ahmedabad, India.

Arvind SmartSpaces Dividend Announcement

Arvind SmartSpaces announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-08-24. Ex dividend date: 2024-07-18
Arvind SmartSpaces annual dividend for 2024 was ₹1.00
Arvind SmartSpaces annual dividend for 2023 was ₹1.65
Arvind SmartSpaces's trailing twelve-month (TTM) dividend yield is 0.11%

Arvind SmartSpaces Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-18₹1.00annually2024-08-24
2023-07-21₹1.65annually2023-09-01
2019-07-26₹1.50annually2019-09-04

Arvind SmartSpaces Dividend per year

Arvind SmartSpaces Dividend Yield

Arvind SmartSpaces current trailing twelve-month (TTM) dividend yield is 0.11%. Interested in purchasing Arvind SmartSpaces stock? Use our calculator to estimate your expected dividend yield:

Arvind SmartSpaces Financial Ratios

P/E ratio60.61
PEG ratio0.30
P/B ratio7.89
ROE12.66%
Payout ratio0.00%
Current ratio1.29
Quick ratio0.36
Cash Ratio0.07

Arvind SmartSpaces Dividend FAQ

Does Arvind SmartSpaces stock pay dividends?
Arvind SmartSpaces does not currently pay dividends to its shareholders.
Has Arvind SmartSpaces ever paid a dividend?
No, Arvind SmartSpaces has no a history of paying dividends to its shareholders. Arvind SmartSpaces is not known for its dividend payments.
Why doesn't Arvind SmartSpaces pay dividends?
There are several potential reasons why Arvind SmartSpaces 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.
Will Arvind SmartSpaces 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 Arvind SmartSpaces 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 Arvind SmartSpaces a dividend aristocrat?
Arvind SmartSpaces 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 Arvind SmartSpaces a dividend king?
Arvind SmartSpaces 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 Arvind SmartSpaces a dividend stock?
No, Arvind SmartSpaces 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 Arvind SmartSpaces stocks?
To buy Arvind SmartSpaces 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 Arvind SmartSpaces 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.