Chartered Logistics Ltd. engages in the provision of logistics services. It offers road transportation, special warehousing, and cost and freight services. The company was founded by Gyanchand Gandhi on June 16, 1995, and is headquartered in Ahmedabad, India.
Chartered Logistics Dividend Announcement
• Chartered Logistics announced a semi annually dividend of ₹0.10 per ordinary share which will be made payable on . Ex dividend date: 2011-10-25
• Chartered Logistics's trailing twelve-month (TTM) dividend yield is -%
Chartered Logistics Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-10-25 | ₹0.10 | semi annually | |
| 2011-07-20 | ₹0.05 | semi annually | |
| 2010-11-16 | ₹0.10 | semi annually |
Chartered Logistics Dividend per year
Chartered Logistics Dividend Yield
Chartered Logistics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Chartered Logistics stock? Use our calculator to estimate your expected dividend yield:
Chartered Logistics Financial Ratios
P/E ratio45.40
PEG ratio-0.37
P/B ratio2.24
ROE7.25%
Payout ratio0.00%
Current ratio2.20
Quick ratio2.03
Cash Ratio0.21
Chartered Logistics Dividend FAQ
Does Chartered Logistics stock pay dividends?
Chartered Logistics does not currently pay dividends to its shareholders.
Has Chartered Logistics ever paid a dividend?
No, Chartered Logistics has no a history of paying dividends to its shareholders. Chartered Logistics is not known for its dividend payments.
Why doesn't Chartered Logistics pay dividends?
There are several potential reasons why Chartered Logistics 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.
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 Chartered Logistics 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 Chartered Logistics 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 Chartered Logistics a dividend aristocrat?
Chartered Logistics 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 Chartered Logistics a dividend king?
Chartered Logistics 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 Chartered Logistics a dividend stock?
No, Chartered Logistics 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 Chartered Logistics stocks?
To buy Chartered Logistics 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 Chartered Logistics 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.
Place an order: Use the brokerage's trading platform to place an order to buy Chartered Logistics 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.