AVG Logistics Limited offers logistics services in India, Bangladesh, Nepal, and Bhutan. The company provides full truckload and less than truckload, dedicated/secondary solution, express delivery, parcel/door to door/household, multimodal, rail, freight forwarding, reverse logistics, and cold chain/refrigerated transportation services; and export services to Nepal, Bhutan, and Bangladesh. It also offers manpower handling, storage space, multiuser, and bonded warehousing services; and value added services comprising end to end, customized, ODC, custom clearing and port logistics, container on rent, and forklift/cranes on rent services. In addition, the company is involved in the trading business. AVG Logistics Limited was incorporated in 2010 and is headquartered in Delhi, India.
AVG Logistics Dividend Announcement
• AVG Logistics announced a annually dividend of ₹1.20 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• AVG Logistics annual dividend for 2024 was ₹1.20
• AVG Logistics annual dividend for 2023 was ₹1.00
• AVG Logistics's trailing twelve-month (TTM) dividend yield is 0.29%
AVG Logistics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ₹1.20 | annually | 2024-10-30 |
2023-09-21 | ₹1.00 | annually | 2023-10-29 |
AVG Logistics Dividend per year
AVG Logistics Dividend Yield
AVG Logistics current trailing twelve-month (TTM) dividend yield is 0.29%. Interested in purchasing AVG Logistics stock? Use our calculator to estimate your expected dividend yield:
AVG Logistics Financial Ratios
AVG Logistics 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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