Comrade Appliances Ltd. engages in the manufacture and sale of electrical machinery and apparatus. It offers an air cooler, water heater, fan, and mixer grinder. The company was founded by Khursheed Alam in 2017 and is headquartered in Mumbai, India.
Comrade Appliances Dividend Announcement
• Comrade Appliances does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Comrade Appliances dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Comrade Appliances Dividend History
Comrade Appliances Dividend Yield
Comrade Appliances current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Comrade Appliances stock? Use our calculator to estimate your expected dividend yield:
Comrade Appliances Financial Ratios
P/E ratio-135.33
PEG ratio-1.35
P/B ratio6.03
ROE-4.92%
Payout ratio0.00%
Current ratio1.60
Quick ratio0.68
Cash Ratio0.03
Comrade Appliances Dividend FAQ
Does Comrade Appliances stock pay dividends?
Comrade Appliances does not currently pay dividends to its shareholders.
Has Comrade Appliances ever paid a dividend?
No, Comrade Appliances has no a history of paying dividends to its shareholders. Comrade Appliances is not known for its dividend payments.
Why doesn't Comrade Appliances pay dividends?
There are several potential reasons why Comrade Appliances 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 Comrade Appliances 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 Comrade Appliances 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 Comrade Appliances a dividend aristocrat?
Comrade Appliances 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 Comrade Appliances a dividend king?
Comrade Appliances 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 Comrade Appliances a dividend stock?
No, Comrade Appliances 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 Comrade Appliances stocks?
To buy Comrade Appliances 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 Comrade Appliances 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 Comrade Appliances 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.