Aurum PropTech Limited operates as a real estate company in India. The company engages in leasing of immovable and movable properties. The company was formerly known as Majesco Limited and changed its name to Aurum PropTech Limited in October 2021. Aurum PropTech Limited was incorporated in 2013 and is headquartered in Navi Mumbai, India.
Aurum PropTech Dividend Announcement
• Aurum PropTech announced a semi annually dividend of ₹708.73 per ordinary share which will be made payable on 2021-01-14. Ex dividend date: 2020-12-23
• Aurum PropTech's trailing twelve-month (TTM) dividend yield is -%
Aurum PropTech Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-12-23 | ₹708.73 | semi annually | 2021-01-14 |
| 2020-03-23 | ₹1.46 | semi annually | 2020-04-15 |
| 2019-07-30 | ₹1.09 | semi annually | 2019-09-05 |
| 2017-08-16 | ₹0.73 | semi annually | 2017-08-31 |
Aurum PropTech Dividend per year
Aurum PropTech Dividend Yield
Aurum PropTech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Aurum PropTech stock? Use our calculator to estimate your expected dividend yield:
Aurum PropTech Financial Ratios
P/E ratio-43.07
PEG ratio-0.11
P/B ratio6.46
ROE-19.83%
Payout ratio0.00%
Current ratio0.81
Quick ratio0.81
Cash Ratio0.08
Aurum PropTech Dividend FAQ
Does Aurum PropTech stock pay dividends?
Aurum PropTech does not currently pay dividends to its shareholders.
Has Aurum PropTech ever paid a dividend?
No, Aurum PropTech has no a history of paying dividends to its shareholders. Aurum PropTech is not known for its dividend payments.
Why doesn't Aurum PropTech pay dividends?
There are several potential reasons why Aurum PropTech 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 Aurum PropTech 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 Aurum PropTech 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 Aurum PropTech a dividend aristocrat?
Aurum PropTech 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 Aurum PropTech a dividend king?
Aurum PropTech 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 Aurum PropTech a dividend stock?
No, Aurum PropTech 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 Aurum PropTech stocks?
To buy Aurum PropTech 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 Aurum PropTech 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 Aurum PropTech 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.