Table of Contents

company-logo

Benara Bearings & Pistons Ltd. manufactures fabricated metal products. It engages in the manufacture of engine bearings, bushes, pistons, piston pin, piston rings, cylinder liners and sleeves, and engine valves. The firm also markets products like ball bearings, spark plugs, rocker arms, timing chains, connecting rods, valve guides, valve seals, and batteries under its own brand. It operates through the following segments: Automobile, Solar, and Trading in Cloth Material. The company was founded by Panna Lal Jain and Vivek Benara on November 26, 1990 and is headquartered in Agra, India.

Benara Bearings and Pistons Li Dividend Announcement

• Benara Bearings and Pistons Li announced a annually dividend of ₹0.25 per ordinary share which will be made payable on 2019-10-27. Ex dividend date: 2019-09-19
• Benara Bearings and Pistons Li's trailing twelve-month (TTM) dividend yield is -%

Benara Bearings and Pistons Li Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-09-19₹0.25annually2019-10-27

Benara Bearings and Pistons Li Dividend per year

Benara Bearings and Pistons Li Dividend Yield

Benara Bearings and Pistons Li current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Benara Bearings and Pistons Li stock? Use our calculator to estimate your expected dividend yield:

Benara Bearings and Pistons Li Financial Ratios

P/E ratio-8.11
PEG ratio-0.08
P/B ratio1.40
ROE-16.52%
Payout ratio0.00%
Current ratio0.67
Quick ratio0.22
Cash Ratio0.01

Benara Bearings and Pistons Li Dividend FAQ

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