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Bright Solar Ltd is engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems. It is also engaged in Engineering, Procurement, and Construction (EPC) contracts for Solar Photovoltaic Water pumps which include supplying, installing, and commissioning the pump system along with a comprehensive maintenance contract. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, bright solar marts, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Installation of Systems and Consulting of Project Tendering and Infrastructure, and FMCG Sales. The company generates the majority of its revenue from Solar Water Pumping and other system sales.

Bright Outdoor Media Dividend Announcement

Bright Outdoor Media announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-19
Bright Outdoor Media annual dividend for 2024 was ₹0.50
Bright Outdoor Media's trailing twelve-month (TTM) dividend yield is 0.11%

Bright Outdoor Media Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-19₹0.50annually2024-10-26

Bright Outdoor Media Dividend per year

Bright Outdoor Media Dividend Yield

Bright Outdoor Media current trailing twelve-month (TTM) dividend yield is 0.11%. Interested in purchasing Bright Outdoor Media stock? Use our calculator to estimate your expected dividend yield:

Bright Outdoor Media Financial Ratios

P/E ratio40.57
PEG ratio0.41
P/B ratio4.45
ROE12.86%
Payout ratio0.00%
Current ratio3.99
Quick ratio3.16
Cash Ratio0.83

Bright Outdoor Media Dividend FAQ

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