Table of Contents

company-logo

Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments. The Advanced Technologies segment provides Internet of Things products and smart devices under the SmartDesk name for mobile, web, virtual and augmented reality, wearables, and television markets; and security and video surveillance solutions, and virtual and augmented reality solutions for various commercial and industrial applications. This segment also offers browser-based video monitoring systems and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance in industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices. The Industrial Services segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly; installs high precision equipment in various industrial markets comprising automotive, printing and graphics, industrial automation, packaging, chemicals and others; and provides maintenance and contracting solutions for the machinery, packaging, printing, chemical, and other manufacturing markets. The company was formerly known as Diversified American Holding, Inc. and changed its name to Cemtrex, Inc. in December 2004. Cemtrex, Inc. was incorporated in 1998 and is based in Brooklyn, New York.

Cemtrex Dividend Announcement

• Cemtrex announced a annually dividend of $0.41 per ordinary share which will be made payable on 2017-04-19. Ex dividend date: 2017-03-29
• Cemtrex's trailing twelve-month (TTM) dividend yield is -%

Cemtrex Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-03-29$0.41annually2017-04-19

Cemtrex Dividend per year

Cemtrex Dividend Yield

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

Cemtrex Financial Ratios

P/E ratio-0.15
PEG ratio-2.98
P/B ratio40.31
ROE-267.77%
Payout ratio0.00%
Current ratio1.89
Quick ratio1.35
Cash Ratio0.46

Cemtrex Dividend FAQ

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