Athena Global Technologies Ltd. engages in software application development, testing and digital transformation solutions and services to enterprises. It specializes in Artificial Intelligence, Blockchain Technology, Data Science, IoT, Robotics Process Automation, Chatbots and Voicebots, Application Development, Product Engineering, QA and Testing. The company was founded by Jalagam Venkat Rao and Satyendra Manchala on May 6, 1992 and is headquartered in Hyderabad, India.
Athena Global Technologies Dividend Announcement
• Athena Global Technologies announced a annually dividend of ₹1.00 per ordinary share which will be made payable on . Ex dividend date: 2000-09-05
• Athena Global Technologies's trailing twelve-month (TTM) dividend yield is -%
Athena Global Technologies Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2000-09-05 | ₹1.00 | annually |
Athena Global Technologies Dividend per year
Athena Global Technologies Dividend Yield
Athena Global Technologies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Athena Global Technologies stock? Use our calculator to estimate your expected dividend yield:
Athena Global Technologies Financial Ratios
P/E ratio0.67
PEG ratio0.02
P/B ratio0.71
ROE236.76%
Payout ratio0.00%
Current ratio0.33
Quick ratio0.33
Cash Ratio0.00
Athena Global Technologies Dividend FAQ
Does Athena Global Technologies stock pay dividends?
Athena Global Technologies does not currently pay dividends to its shareholders.
Has Athena Global Technologies ever paid a dividend?
No, Athena Global Technologies has no a history of paying dividends to its shareholders. Athena Global Technologies is not known for its dividend payments.
Why doesn't Athena Global Technologies pay dividends?
There are several potential reasons why Athena Global Technologies 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 Athena Global Technologies 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 Athena Global Technologies 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 Athena Global Technologies a dividend aristocrat?
Athena Global Technologies 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 Athena Global Technologies a dividend king?
Athena Global Technologies 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 Athena Global Technologies a dividend stock?
No, Athena Global Technologies 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 Athena Global Technologies stocks?
To buy Athena Global Technologies 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 Athena Global Technologies 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 Athena Global Technologies 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.