Cenlub Industries Ltd. Is an engineering company, which engages in designing, engineering, manufacturing, supply, installation of lubrication systems. The firm also offers press tools, die casting and pharmaceutical machines. Its products include vehicle and conveyor lubricators, barrel pumps, single shot oil, progressive grease, lube oil, multiline grease, dual line grease, and single point lubricators. The company was founded by Vijendra Kumar Mittal on March 26, 1992 and is headquartered in Faridabad, India.
Cenlub Industries Dividend Announcement
• Cenlub Industries announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2019-10-28. Ex dividend date: 2019-09-19
• Cenlub Industries's trailing twelve-month (TTM) dividend yield is -%
Cenlub Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-09-19 | ₹2.50 | annually | 2019-10-28 |
2012-08-24 | ₹2.50 | annually | |
2011-08-17 | ₹2.50 | annually |
Cenlub Industries Dividend per year
Cenlub Industries Dividend Yield
Cenlub Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cenlub Industries stock? Use our calculator to estimate your expected dividend yield:
Cenlub Industries Financial Ratios
Cenlub Industries Dividend FAQ
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.
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