Clara Industries Ltd. engages in the business of plastic packaging products and self adhesive tapes. Its products include packaging films, horticulture bags, plastic mats, bottles, and bangles. The company was founded in 2008 and is headquartered in Saharanpur, India.
CLARA INDUSTRIES Dividend Announcement
• CLARA INDUSTRIES announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-06
• CLARA INDUSTRIES annual dividend for 2024 was ₹0.50
• CLARA INDUSTRIES's trailing twelve-month (TTM) dividend yield is 0.36%
CLARA INDUSTRIES Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-06 | ₹0.50 | annually | 2024-06-24 |
CLARA INDUSTRIES Dividend per year
CLARA INDUSTRIES Dividend Yield
CLARA INDUSTRIES current trailing twelve-month (TTM) dividend yield is 0.36%. Interested in purchasing CLARA INDUSTRIES stock? Use our calculator to estimate your expected dividend yield:
CLARA INDUSTRIES Financial Ratios
P/E ratio15.15
PEG ratio0.26
P/B ratio1.54
ROE10.50%
Payout ratio0.00%
Current ratio8.57
Quick ratio6.99
Cash Ratio0.51
CLARA INDUSTRIES Dividend FAQ
Does CLARA INDUSTRIES stock pay dividends?
CLARA INDUSTRIES does not currently pay dividends to its shareholders.
Has CLARA INDUSTRIES ever paid a dividend?
No, CLARA INDUSTRIES has no a history of paying dividends to its shareholders. CLARA INDUSTRIES is not known for its dividend payments.
Why doesn't CLARA INDUSTRIES pay dividends?
There are several potential reasons why CLARA INDUSTRIES 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 CLARA INDUSTRIES 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 CLARA INDUSTRIES 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 CLARA INDUSTRIES a dividend aristocrat?
CLARA INDUSTRIES 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 CLARA INDUSTRIES a dividend king?
CLARA INDUSTRIES 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 CLARA INDUSTRIES a dividend stock?
No, CLARA INDUSTRIES 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 CLARA INDUSTRIES stocks?
To buy CLARA INDUSTRIES 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 CLARA INDUSTRIES 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 CLARA INDUSTRIES 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.