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AYM Syntex Limited manufactures and sells synthetic yarns in India. It offers bulk continuous filament yarns used in residential wall to wall, contract/hospitality, outdoor, handmade, and automotive carpets, as well as rugs, bath mats, and carpet tiles; and sewing threads and industrial yarns. The company also provides textile yarn and packaged dyed yarns for various applications, such as apparel and fashion, sarees and dress materials, hosiery and socks, automotive, home textiles, medical textiles, narrow fabrics, and sportswear. The company sells its products under the Comfeel, Elior, Polycycle, Articool, Spinovate, Silque, Ultraflex, Assura, Novacore, 100% Ployster Textile, Sorenyl, Rezilia, Ecose, Sparkle, IDY, SDN, Polymagic, Polywonder, Wonderfeel, greenova, and Silkenza brand names. AYM Syntex Limited also exports its products. The company was formerly known as Welspun Syntex Limited and changed its name to AYM Syntex Limited in December 2015. The company was incorporated in 1983 and is headquartered in Mumbai, India. AYM Syntex Limited is a subsidiary of Mandawewala Enterprises Limited.

AYM Syntex Dividend Announcement

• AYM Syntex does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on AYM Syntex dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

AYM Syntex Dividend History

AYM Syntex Dividend Yield

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

AYM Syntex Financial Ratios

P/E ratio51.39
PEG ratio-9.44
P/B ratio2.94
ROE5.86%
Payout ratio0.00%
Current ratio1.01
Quick ratio0.52
Cash Ratio0.01

AYM Syntex Dividend FAQ

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