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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 dateDividend amountDividend typePay date
2024-09-23₹1.20annually2024-10-30
2023-09-21₹1.00annually2023-10-29

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

P/E ratio14.68
PEG ratio0.15
P/B ratio2.61
ROE21.33%
Payout ratio0.00%
Current ratio1.72
Quick ratio1.72
Cash Ratio0.01

AVG Logistics Dividend FAQ

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