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Atam Valves Limited manufactures and sells valves, fittings, steam traps, and strainers in India. The company provides cocks, boiler mountings, pipe and sanitary fittings, and bushings; and sells, deals in, or fabricates steel and iron, or non-ferrous metal and by products. Its products are used in various industrial sectors, such as oil and gas refineries, petrochemical industries, power generation plants, boiler manufacturers, marine and ship building, infrastructure, plumbing, sugar, rubber and paper, and other industries. The company provides its products under the ATAM and FEBI brands. It offers its products in Nepal, Indonesia, Malaysia, England, South Arabia, Khuwair, and Oman. Atam Valves Limited was founded in 1972 and is headquartered in Jalandhar, India.

Atam Valves Dividend Announcement

• Atam Valves announced a annually dividend of ₹0.75 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• Atam Valves annual dividend for 2024 was ₹0.75
• Atam Valves annual dividend for 2023 was ₹1.50
• Atam Valves's trailing twelve-month (TTM) dividend yield is 0.59%

Atam Valves Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-23₹0.75annually2024-10-30
2023-09-22₹1.50annually2023-10-30

Atam Valves Dividend per year

Atam Valves Dividend Yield

Atam Valves current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing Atam Valves stock? Use our calculator to estimate your expected dividend yield:

Atam Valves Financial Ratios

P/E ratio24.76
PEG ratio0.54
P/B ratio4.72
ROE20.90%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Atam Valves Dividend FAQ

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