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Blue Jet Healthcare Limited engages in the manufacturing and sale of pharmaceutical intermediates and active pharmaceutical ingredients (APIs) for applications in pharmaceutical and healthcare products. It provides integrated contrast media intermediates, saccharin and related salts, and niche pharmaceutical intermediates and APIs, as well as CDMO/CMO and development services. Blue Jet Healthcare Limited has operations in India, Norway, the United States, Sweden, Italy, Spain, and internationally. The company was incorporated in 1968 and is headquartered in Thane, India.

Blue Jet Healthcare Dividend Announcement

Blue Jet Healthcare announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-17
Blue Jet Healthcare annual dividend for 2024 was ₹1.00
Blue Jet Healthcare's trailing twelve-month (TTM) dividend yield is 0.19%

Blue Jet Healthcare Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-17₹1.00annually2024-10-24

Blue Jet Healthcare Dividend per year

Blue Jet Healthcare Dividend Yield

Blue Jet Healthcare current trailing twelve-month (TTM) dividend yield is 0.19%. Interested in purchasing Blue Jet Healthcare stock? Use our calculator to estimate your expected dividend yield:

Blue Jet Healthcare Financial Ratios

P/E ratio54.99
PEG ratio0.55
P/B ratio9.99
ROE19.82%
Payout ratio0.00%
Current ratio3.24
Quick ratio2.51
Cash Ratio0.12

Blue Jet Healthcare Dividend FAQ

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