Bangalore Fort Farms Ltd. engages in the manufacture and export of jute products. Its products include hand spun jute yarn and braid yarn. It also engages in the procurement, storage, and sale of different agro products. The company was founded on October 24, 1966 and is headquartered in Kolkata, India.
Bangalore Fort Farms Dividend Announcement
• Bangalore Fort Farms announced a annually dividend of ₹0.20 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• Bangalore Fort Farms annual dividend for 2024 was ₹0.20
• Bangalore Fort Farms's trailing twelve-month (TTM) dividend yield is 0.4%
Bangalore Fort Farms Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-23 | ₹0.20 | annually | 2024-10-30 |
| 2020-12-21 | ₹0.16 | annually | 2020-12-31 |
Bangalore Fort Farms Dividend per year
Bangalore Fort Farms Dividend Yield
Bangalore Fort Farms current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing Bangalore Fort Farms stock? Use our calculator to estimate your expected dividend yield:
Bangalore Fort Farms Financial Ratios
P/E ratio66.39
PEG ratio0.44
P/B ratio2.70
ROE4.09%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Bangalore Fort Farms Dividend FAQ
Does Bangalore Fort Farms stock pay dividends?
Bangalore Fort Farms does not currently pay dividends to its shareholders.
Has Bangalore Fort Farms ever paid a dividend?
No, Bangalore Fort Farms has no a history of paying dividends to its shareholders. Bangalore Fort Farms is not known for its dividend payments.
Why doesn't Bangalore Fort Farms pay dividends?
There are several potential reasons why Bangalore Fort Farms 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 Bangalore Fort Farms 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 Bangalore Fort Farms 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 Bangalore Fort Farms a dividend aristocrat?
Bangalore Fort Farms 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 Bangalore Fort Farms a dividend king?
Bangalore Fort Farms 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 Bangalore Fort Farms a dividend stock?
No, Bangalore Fort Farms 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 Bangalore Fort Farms stocks?
To buy Bangalore Fort Farms 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 Bangalore Fort Farms 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 Bangalore Fort Farms 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.