Comfort Intech Ltd. engages in the provision of financial services, which includes trade finance and bill discounting, working capital loans, loans against property, and margin funding. It also engages in manufacturing, procuring, importing, exporting and merchandising of all types of spirits, including Indian Made Foreign Liquor as well as Country Liquor, Beverage, Wines and other similar products. The company was founded by Anil Beniprasad Agrawal on October 17, 1994 and is headquartered in Mumbai, India.
Comfort Intech Dividend Announcement
• Comfort Intech announced a annually dividend of ₹0.07 per ordinary share which will be made payable on 2024-09-22. Ex dividend date: 2024-08-16 • Comfort Intech annual dividend for 2024 was ₹0.07 • Comfort Intech annual dividend for 2023 was ₹0.06 • Comfort Intech's trailing twelve-month (TTM) dividend yield is 0.53%
Comfort Intech current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Comfort Intech stock? Use our calculator to estimate your expected dividend yield:
Comfort Intech Financial Ratios
P/E ratio18.24
PEG ratio1.15
P/B ratio2.55
ROE16.81%
Payout ratio0.00%
Current ratio1.59
Quick ratio1.54
Cash Ratio0.08
Comfort Intech Dividend FAQ
How much is the next Comfort Intech dividend?
Comfort Intech's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Comfort Intech dividend. The next Comfort Intech dividend will be released in September.
When is Comfort Intech dividend paid?
Comfort Intech pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Comfort Intech pay?
The specific amount of Comfort Intech dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Comfort Intech's dividend history.
Does Comfort Intech stock pay dividends?
Yes, Comfort Intech does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Comfort Intech's dividend history.
How much dividend does Comfort Intech pay?
Comfort Intech paid ₹0.07 in 2024, ₹0.06 in 2023, ₹0.5 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Comfort Intech pay dividends?
Comfort Intech typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Comfort Intech's dividend yield?
The current dividend yield for Comfort Intech is 0.53%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Comfort Intech's exact dividend yield.
When does Comfort Intech go ex dividend?
Comfort Intech's ex-dividend date for the latest dividend was on 2024-08-16. Comfort Intech typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Comfort Intech dividend paid?
Comfort Intech pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Comfort Intech increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Comfort Intech will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Comfort Intech dividend per share?
Comfort Intech paid ₹0.07 per share in 2024 and ₹0.06 per share in 2023. The amount of dividend per share that Comfort Intech pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Comfort Intech a dividend aristocrat?
No, 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 Comfort Intech a dividend king?
No, 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 Comfort Intech a dividend stock?
Yes, Comfort Intech is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Comfort Intech a good dividend stock?
Whether Comfort Intech is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Comfort Intech has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Comfort Intech as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Comfort Intech pay dividends monthly?
Comfort Intech typically pays dividends on a annually basis.
Does Comfort Intech pay dividends quarterly?
Comfort Intech currently pays dividends on a annually basis.
Has Comfort Intech ever paid a dividend?
Yes, Comfort Intech has a history of paying dividends to its shareholders. Comfort Intech is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Comfort Intech dividend stocks?
To buy Comfort Intech 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Comfort Intech 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.
When does Comfort Intech pay dividends 2024?
Comfort Intech pays dividends on a annually basis. 2024 dividend payments are in 2024-09-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Comfort Intech increase its dividend in 2024?
Decisions regarding Comfort Intech dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Comfort Intech dividend overview you can look into the above table of dividend history.
How Comfort Intech dividend works?
The Comfort Intech dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Comfort Intech's dividend process works:
1. Determination of Dividend: Comfort Intech's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Comfort Intech publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Comfort Intech distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Comfort Intech are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Comfort Intech dividends paid?
Comfort Intech dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Comfort Intech sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Comfort Intech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Comfort Intech declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Comfort Intech pay dividends?
Comfort Intech typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Comfort Intech pay dividends?
The general pattern is that Comfort Intech pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Comfort Intech dividend safe?
The safety of Comfort Intech's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Comfort Intech's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Comfort Intech's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.