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Best Agrolife Limited manufactures and trades in agrochemical and pesticide products in India. It offers insecticides, herbicides, fungicides, and plant growth regulator (PGR) products in various technicals and formulations. The company's PGR products include various activators and soil conditioners. It offers its products through a network of distributors. The company was formerly known as Sahyog Multibase Limited and changed its name to Best Agrolife Limited in October 2019. Best Agrolife Limited was incorporated in 1992 and is based in New Delhi, India.

Bestrolife Dividend Announcement

Bestrolife announced a annually dividend of ₹3.00 per ordinary share which will be made payable on . Ex dividend date: 2024-09-23
Bestrolife annual dividend for 2024 was ₹3.00
Bestrolife's trailing twelve-month (TTM) dividend yield is 0.56%

Bestrolife Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-23₹3.00annually
2022-09-20₹2.00annually
2021-09-20₹2.00annually

Bestrolife Dividend per year

Bestrolife Dividend Yield

Bestrolife current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing Bestrolife stock? Use our calculator to estimate your expected dividend yield:

Bestrolife Financial Ratios

P/E ratio34.39
PEG ratio0.17
P/B ratio1.68
ROE5.35%
Payout ratio0.00%
Current ratio1.26
Quick ratio0.71
Cash Ratio0.04

Bestrolife Dividend FAQ

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