Confidence Finance & Trading Ltd. engages in the finance and trading businesses. It also involves in buying and selling securities. The company was founded on September 16, 1980 and is headquartered in Mumbai, India.
Confidence Finance and Trading Dividend Announcement
• Confidence Finance and Trading announced a annually dividend of ₹0.50 per ordinary share which will be made payable on . Ex dividend date: 2013-09-19
• Confidence Finance and Trading's trailing twelve-month (TTM) dividend yield is -%
Confidence Finance and Trading Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2013-09-19 | ₹0.50 | annually |
Confidence Finance and Trading Dividend per year
Confidence Finance and Trading Dividend Yield
Confidence Finance and Trading current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Confidence Finance and Trading stock? Use our calculator to estimate your expected dividend yield:
Confidence Finance and Trading Financial Ratios
P/E ratio24.99
PEG ratio-1.44
P/B ratio0.38
ROE3.08%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio2.18
Confidence Finance and Trading Dividend FAQ
Does Confidence Finance and Trading stock pay dividends?
Confidence Finance and Trading does not currently pay dividends to its shareholders.
Has Confidence Finance and Trading ever paid a dividend?
No, Confidence Finance and Trading has no a history of paying dividends to its shareholders. Confidence Finance and Trading is not known for its dividend payments.
Why doesn't Confidence Finance and Trading pay dividends?
There are several potential reasons why Confidence Finance and Trading 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 Confidence Finance and Trading 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 Confidence Finance and Trading 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 Confidence Finance and Trading a dividend aristocrat?
Confidence Finance and Trading 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 Confidence Finance and Trading a dividend king?
Confidence Finance and Trading 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 Confidence Finance and Trading a dividend stock?
No, Confidence Finance and Trading 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 Confidence Finance and Trading stocks?
To buy Confidence Finance and Trading 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 Confidence Finance and Trading 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 Confidence Finance and Trading 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.