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 ₹2.50 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 ₹2.50
• Arvind SmartSpaces annual dividend for 2023 was ₹1.65
• Arvind SmartSpaces's trailing twelve-month (TTM) dividend yield is 0.26%
Arvind SmartSpaces Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ₹2.50 | annually | 2024-08-24 |
2023-07-21 | ₹1.65 | annually | 2023-09-01 |
2019-07-26 | ₹1.50 | annually | 2019-09-04 |
Arvind SmartSpaces Dividend per year
Arvind SmartSpaces Dividend Yield
Arvind SmartSpaces current trailing twelve-month (TTM) dividend yield is 0.26%. Interested in purchasing Arvind SmartSpaces stock? Use our calculator to estimate your expected dividend yield:
Arvind SmartSpaces Financial Ratios
Arvind SmartSpaces Dividend FAQ
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.
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