ASK Automotive Limited, through its subsidiary, manufactures and sells auto components for the automobiles industry in India. The company offers advanced braking systems, such as brake panel assemblies, brake shoes, disc brake pads, clutch plates and shoes, and brake liners; and aluminum lightweighting precision solutions for two and four-wheeler, and electric vehicles. It also provides safety control cables comprising front and brake cable, clutch cable, throttle cable, speedometer cable, and starter cable/choke cable assemblies. The company serves original equipment manufacturers. ASK Automotive Limited was incorporated in 1988 and is based in Gurugram, India.
ASK Automotive Dividend Announcement
• ASK Automotive announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-09
• ASK Automotive annual dividend for 2024 was ₹1.00
• ASK Automotive's trailing twelve-month (TTM) dividend yield is 0.22%
ASK Automotive Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-09 | ₹1.00 | annually | 2024-09-20 |
ASK Automotive Dividend per year
ASK Automotive Dividend Yield
ASK Automotive current trailing twelve-month (TTM) dividend yield is 0.22%. Interested in purchasing ASK Automotive stock? Use our calculator to estimate your expected dividend yield:
ASK Automotive Financial Ratios
ASK Automotive 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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