Ashish Polyplast Ltd. engages in the manufacture and sale of poly vinyl chloride pipes. Its product portfolio includes water hose-pipe, welding hose-pipe, and thermoplast welding hose-pipe. The company was founded on February 25, 1994 and is headquartered in Ahmedabad, India.
Ashish Polyplast Dividend Announcement
• Ashish Polyplast announced a annually dividend of ₹0.16 per ordinary share which will be made payable on . Ex dividend date: 2013-08-29
• Ashish Polyplast's trailing twelve-month (TTM) dividend yield is -%
Ashish Polyplast Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-08-29 | ₹0.16 | annually | |
| 2012-08-17 | ₹0.16 | annually | |
| 2011-08-25 | ₹0.16 | annually | |
| 2010-08-26 | ₹0.16 | annually |
Ashish Polyplast Dividend per year
Ashish Polyplast Dividend growth
Ashish Polyplast Dividend Yield
Ashish Polyplast current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ashish Polyplast stock? Use our calculator to estimate your expected dividend yield:
Ashish Polyplast Financial Ratios
P/E ratio18.51
PEG ratio-1.03
P/B ratio2.86
ROE16.87%
Payout ratio0.00%
Current ratio1.68
Quick ratio1.08
Cash Ratio0.62
Ashish Polyplast Dividend FAQ
Does Ashish Polyplast stock pay dividends?
Ashish Polyplast does not currently pay dividends to its shareholders.
Has Ashish Polyplast ever paid a dividend?
No, Ashish Polyplast has no a history of paying dividends to its shareholders. Ashish Polyplast is not known for its dividend payments.
Why doesn't Ashish Polyplast pay dividends?
There are several potential reasons why Ashish Polyplast 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 Ashish Polyplast 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 Ashish Polyplast 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 Ashish Polyplast a dividend aristocrat?
Ashish Polyplast 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 Ashish Polyplast a dividend king?
Ashish Polyplast 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 Ashish Polyplast a dividend stock?
No, Ashish Polyplast 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 Ashish Polyplast stocks?
To buy Ashish Polyplast 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 Ashish Polyplast 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 Ashish Polyplast 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.