Cindrella Hotels Ltd. engages in the operation and management of a hotel business. It offers room rentals, tours, food, and beverages. The company was founded on March 27, 1986 and is headquartered in Kolkata, India.
Cindrella Hotels Dividend Announcement
• Cindrella Hotels announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-20
• Cindrella Hotels annual dividend for 2024 was ₹1.00
• Cindrella Hotels annual dividend for 2023 was ₹1.00
• Cindrella Hotels's trailing twelve-month (TTM) dividend yield is 1.8%
Cindrella Hotels Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-20 | ₹1.00 | annually | 2024-10-28 |
| 2023-09-13 | ₹1.00 | annually | 2023-10-29 |
Cindrella Hotels Dividend per year
Cindrella Hotels Dividend Yield
Cindrella Hotels current trailing twelve-month (TTM) dividend yield is 1.8%. Interested in purchasing Cindrella Hotels stock? Use our calculator to estimate your expected dividend yield:
Cindrella Hotels Financial Ratios
P/E ratio166.23
PEG ratio6.50
P/B ratio1.69
ROE1.01%
Payout ratio0.00%
Current ratio2.20
Quick ratio0.71
Cash Ratio0.15
Cindrella Hotels Dividend FAQ
Does Cindrella Hotels stock pay dividends?
Cindrella Hotels does not currently pay dividends to its shareholders.
Has Cindrella Hotels ever paid a dividend?
No, Cindrella Hotels has no a history of paying dividends to its shareholders. Cindrella Hotels is not known for its dividend payments.
Why doesn't Cindrella Hotels pay dividends?
There are several potential reasons why Cindrella Hotels 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 Cindrella Hotels 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 Cindrella Hotels 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 Cindrella Hotels a dividend aristocrat?
Cindrella Hotels 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 Cindrella Hotels a dividend king?
Cindrella Hotels 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 Cindrella Hotels a dividend stock?
No, Cindrella Hotels 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 Cindrella Hotels stocks?
To buy Cindrella Hotels 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 Cindrella Hotels 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 Cindrella Hotels 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.