Convertidora Industrial, S.A.B. de C.V. engages in the production and conversion of plastic films for use as flexible packaging in Mexico and internationally. The company provides metallic balloons, and flexible packaging products for food packers, health products, pet foods, meats, party items, and various industries. Convertidora Industrial, S.A.B. de C.V. was founded in 1979 and is based in Guadalajara, Mexico.
Convertidora Industrial Dividend Announcement
• Convertidora Industrial announced a annually dividend of Mex$0.20 per ordinary share which will be made payable on . Ex dividend date: 2007-05-28
Convertidora Industrial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2007-05-28 | Mex$0.20 | annually |
Convertidora Industrial Dividend per year
Convertidora Industrial Dividend Yield
Convertidora Industrial current trailing twelve-month (TTM) dividend yield is 0%. Interested in purchasing Convertidora Industrial stock? Use our calculator to estimate your expected dividend yield:
Convertidora Industrial Financial Ratios
P/E ratio0.00
PEG ratio0.00
P/B ratio0.00
ROE0.00%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Convertidora Industrial Dividend FAQ
Does Convertidora Industrial stock pay dividends?
Convertidora Industrial does not currently pay dividends to its shareholders.
Has Convertidora Industrial ever paid a dividend?
No, Convertidora Industrial has no a history of paying dividends to its shareholders. Convertidora Industrial is not known for its dividend payments.
Why doesn't Convertidora Industrial pay dividends?
There are several potential reasons why Convertidora Industrial 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 Convertidora Industrial 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 Convertidora Industrial 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 Convertidora Industrial a dividend aristocrat?
Convertidora Industrial 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 Convertidora Industrial a dividend king?
Convertidora Industrial 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 Convertidora Industrial a dividend stock?
No, Convertidora Industrial 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 Convertidora Industrial stocks?
To buy Convertidora Industrial 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 Convertidora Industrial 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 Convertidora Industrial 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.