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Borosil Limited operates as a glassware company in India and internationally. It operates through Scientificware and Consumerware segments. The company provides science and industrial products, including laboratory glassware, laboratory equipment, liquid handling equipment, sample processing equipment, and other laboratory equipment under the LabQuest brand name that are used in pharmaceutical, research and development, education, and healthcare sectors. It also offers primary packaging glass vials and ampoules under the Klass Pack name for pharmaceutical industry. In addition, the company provides consumer glassware products, including microwaveable kitchenware, opalware dinner sets, kitchen appliances, storage products, lunch boxes, and stainless-steel flasks and bottles under the Borosil brand name. It sells its products through distributors and online platform. The company also exports its products to approximately 50 countries. The company was formerly known as Hopewell Tableware Limited. Borosil Limited was founded in 1962 and is based in Mumbai, India.

Borosil Dividend Announcement

• Borosil announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2021-09-25. Ex dividend date: 2021-08-17
• Borosil's trailing twelve-month (TTM) dividend yield is -%

Borosil Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-08-17₹1.00annually2021-09-25

Borosil Dividend per year

Borosil Dividend Yield

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

Borosil Financial Ratios

P/E ratio72.88
PEG ratio-11.75
P/B ratio6.73
ROE9.89%
Payout ratio0.00%
Current ratio1.54
Quick ratio0.58
Cash Ratio0.02

Borosil Dividend FAQ

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