Asit C. Mehta Financial Services Ltd. engages in the provision of financial services on fund mobilization and restructuring of companies and renting vacant properties. The firm operates through the following segments: Investment Activities, Advisory and Consultancy Services, Information Technology Enabled Services, and Stock Broking and Allied Services. It offers retail, institutional, investment, ITeS and digital marketing services. The company was founded on January 25, 1984 and is headquartered in Mumbai, India.
Asit C. Mehta Financial Services Dividend Announcement
• Asit C. Mehta Financial Services announced a annually dividend of ₹0.43 per ordinary share which will be made payable on . Ex dividend date: 2010-08-20
• Asit C. Mehta Financial Services's trailing twelve-month (TTM) dividend yield is -%
Asit C. Mehta Financial Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2010-08-20 | ₹0.43 | annually | |
| 2009-09-14 | ₹0.64 | annually | |
| 2008-07-30 | ₹0.86 | annually | |
| 2007-03-23 | ₹2.15 | annually | |
| 2006-03-22 | ₹1.72 | annually | |
| 2001-07-23 | ₹0.43 | annually | |
| 2000-05-23 | ₹0.43 | annually |
Asit C. Mehta Financial Services Dividend per year
Asit C. Mehta Financial Services Dividend growth
Asit C. Mehta Financial Services Dividend Yield
Asit C. Mehta Financial Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Asit C. Mehta Financial Services stock? Use our calculator to estimate your expected dividend yield:
Asit C. Mehta Financial Services Financial Ratios
P/E ratio-15.76
PEG ratio-0.16
P/B ratio4.58
ROE-180.73%
Payout ratio0.00%
Current ratio1.05
Quick ratio1.05
Cash Ratio0.43
Asit C. Mehta Financial Services Dividend FAQ
Does Asit C. Mehta Financial Services stock pay dividends?
Asit C. Mehta Financial Services does not currently pay dividends to its shareholders.
Has Asit C. Mehta Financial Services ever paid a dividend?
No, Asit C. Mehta Financial Services has no a history of paying dividends to its shareholders. Asit C. Mehta Financial Services is not known for its dividend payments.
Why doesn't Asit C. Mehta Financial Services pay dividends?
There are several potential reasons why Asit C. Mehta Financial Services 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 Asit C. Mehta Financial Services 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 Asit C. Mehta Financial Services 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 Asit C. Mehta Financial Services a dividend aristocrat?
Asit C. Mehta Financial Services 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 Asit C. Mehta Financial Services a dividend king?
Asit C. Mehta Financial Services 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 Asit C. Mehta Financial Services a dividend stock?
No, Asit C. Mehta Financial Services 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 Asit C. Mehta Financial Services stocks?
To buy Asit C. Mehta Financial Services 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 Asit C. Mehta Financial Services 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 Asit C. Mehta Financial Services 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.