Chordia Food Products Ltd. engages in the manufacture of processed food products. It offers pickles, ketchups, instant mixes, regional recipes, custard powder, milk shake, and syrups and squashes. The company was founded by Hukmichand Sukhlal Chordia in 1960 and is headquartered in Pune, India.
Chordia Food Products Dividend Announcement
• Chordia Food Products announced a annually dividend of ₹1.50 per ordinary share which will be made payable on . Ex dividend date: 2008-09-19
• Chordia Food Products's trailing twelve-month (TTM) dividend yield is -%
Chordia Food Products Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2008-09-19 | ₹1.50 | annually | |
| 2007-09-20 | ₹1.50 | annually | |
| 2006-09-22 | ₹1.50 | annually | |
| 2005-09-23 | ₹1.50 | annually |
Chordia Food Products Dividend per year
Chordia Food Products Dividend growth
Chordia Food Products Dividend Yield
Chordia Food Products current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Chordia Food Products stock? Use our calculator to estimate your expected dividend yield:
Chordia Food Products Financial Ratios
P/E ratio42.09
PEG ratio0.07
P/B ratio2.27
ROE5.55%
Payout ratio0.00%
Current ratio5.01
Quick ratio5.01
Cash Ratio1.79
Chordia Food Products Dividend FAQ
Does Chordia Food Products stock pay dividends?
Chordia Food Products does not currently pay dividends to its shareholders.
Has Chordia Food Products ever paid a dividend?
No, Chordia Food Products has no a history of paying dividends to its shareholders. Chordia Food Products is not known for its dividend payments.
Why doesn't Chordia Food Products pay dividends?
There are several potential reasons why Chordia Food Products 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 Chordia Food Products 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 Chordia Food Products 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 Chordia Food Products a dividend aristocrat?
Chordia Food Products 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 Chordia Food Products a dividend king?
Chordia Food Products 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 Chordia Food Products a dividend stock?
No, Chordia Food Products 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 Chordia Food Products stocks?
To buy Chordia Food Products 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 Chordia Food Products 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 Chordia Food Products 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.