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Balaxi Ventures Ltd. engages in the wholesale trading of pharmaceuticals, food products, and hardware. The company is headquartered in Hyderabad, Telangana. The Company’s products include pharmaceuticals products, food products and builders’ hardware products. The company operates through the operating segment international wholesale trading. Its pharmaceutical formulations and builders’ hardware products are contract manufactured from manufacturing plants in India. The firm offers a range of food and biscuit products under the brand name YAP. Its subsidiaries include Balaxi Global DMCC.

Balaxi Pharmaceuticals Dividend Announcement

Balaxi Pharmaceuticals announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2022-08-10. Ex dividend date: 2022-07-01
Balaxi Pharmaceuticals's trailing twelve-month (TTM) dividend yield is -%

Balaxi Pharmaceuticals Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-07-01₹0.50annually2022-08-10

Balaxi Pharmaceuticals Dividend per year

Balaxi Pharmaceuticals Dividend Yield

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

Balaxi Pharmaceuticals Financial Ratios

P/E ratio12.58
PEG ratio-0.35
P/B ratio2.07
ROE18.39%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Balaxi Pharmaceuticals Dividend FAQ

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