Conart Engineers Ltd. engages in the provision of civil construction services. It serves industrial, commercial, and residential sectors. The company was founded on December 14, 1973 and is headquartered in Mumbai, India.
Conart Engineers Dividend Announcement
• Conart Engineers announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2019-12-07. Ex dividend date: 2019-11-20
• Conart Engineers's trailing twelve-month (TTM) dividend yield is -%
Conart Engineers Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2019-11-20 | ₹1.00 | annually | 2019-12-07 |
| 2010-09-15 | ₹1.00 | annually |
Conart Engineers Dividend per year
Conart Engineers Dividend Yield
Conart Engineers current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Conart Engineers stock? Use our calculator to estimate your expected dividend yield:
Conart Engineers Financial Ratios
P/E ratio12.92
PEG ratio-1.74
P/B ratio1.72
ROE14.41%
Payout ratio0.00%
Current ratio5.95
Quick ratio5.03
Cash Ratio0.57
Conart Engineers Dividend FAQ
Does Conart Engineers stock pay dividends?
Conart Engineers does not currently pay dividends to its shareholders.
Has Conart Engineers ever paid a dividend?
No, Conart Engineers has no a history of paying dividends to its shareholders. Conart Engineers is not known for its dividend payments.
Why doesn't Conart Engineers pay dividends?
There are several potential reasons why Conart Engineers 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 Conart Engineers 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 Conart Engineers 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 Conart Engineers a dividend aristocrat?
Conart Engineers 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 Conart Engineers a dividend king?
Conart Engineers 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 Conart Engineers a dividend stock?
No, Conart Engineers 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 Conart Engineers stocks?
To buy Conart Engineers 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 Conart Engineers 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 Conart Engineers 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.