Brijlaxmi Leasing & Finance Ltd. is a non-banking financial company, which engages in providing leasing and financial services, which includes shares and securities. The company was founded on August 13, 1990 and is headquartered in Vadodara, India.
Brijlaxmi Leasing & Finance Dividend Announcement
• Brijlaxmi Leasing & Finance does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments. • Stay tuned for updates on Brijlaxmi Leasing & Finance dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Brijlaxmi Leasing & Finance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Brijlaxmi Leasing & Finance stock? Use our calculator to estimate your expected dividend yield:
Brijlaxmi Leasing & Finance Financial Ratios
P/E ratio8.59
PEG ratio0.09
P/B ratio1.65
ROE19.15%
Payout ratio0.00%
Current ratio5431.61
Quick ratio5431.61
Cash Ratio154.02
Brijlaxmi Leasing & Finance Dividend FAQ
Does Brijlaxmi Leasing & Finance stock pay dividends?
Brijlaxmi Leasing & Finance does not currently pay dividends to its shareholders.
Has Brijlaxmi Leasing & Finance ever paid a dividend?
No, Brijlaxmi Leasing & Finance has no a history of paying dividends to its shareholders. Brijlaxmi Leasing & Finance is not known for its dividend payments.
There are several potential reasons why Brijlaxmi Leasing & Finance 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 Brijlaxmi Leasing & Finance 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 Brijlaxmi Leasing & Finance 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 Brijlaxmi Leasing & Finance a dividend aristocrat?
Brijlaxmi Leasing & Finance 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 Brijlaxmi Leasing & Finance a dividend king?
Brijlaxmi Leasing & Finance 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 Brijlaxmi Leasing & Finance a dividend stock?
No, Brijlaxmi Leasing & Finance 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 Brijlaxmi Leasing & Finance stocks?
To buy Brijlaxmi Leasing & Finance 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 Brijlaxmi Leasing & Finance 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.