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Coromandel Engineering Co. Ltd. engages in the construction and property development businesses. It focuses on the contract and commercial projects. The company was founded in 1947 and is headquartered in Chennai, India.

Coromandel Engineering Dividend Announcement

Coromandel Engineering announced a annually dividend of ₹0.38 per ordinary share which will be made payable on . Ex dividend date: 2011-07-07
Coromandel Engineering's trailing twelve-month (TTM) dividend yield is -%

Coromandel Engineering Dividend History

Ex-Div dateDividend amountDividend typePay date
2011-07-07₹0.38annually
2010-07-13₹0.31annually

Coromandel Engineering Dividend per year

Coromandel Engineering Dividend Yield

Coromandel Engineering current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Coromandel Engineering stock? Use our calculator to estimate your expected dividend yield:

Coromandel Engineering Financial Ratios

P/E ratio-53.92
PEG ratio-0.54
P/B ratio543.48
ROE-149.24%
Payout ratio0.00%
Current ratio0.83
Quick ratio0.67
Cash Ratio0.00

Coromandel Engineering Dividend FAQ

Does Coromandel Engineering stock pay dividends?
Coromandel Engineering does not currently pay dividends to its shareholders.
Has Coromandel Engineering ever paid a dividend?
No, Coromandel Engineering has no a history of paying dividends to its shareholders. Coromandel Engineering is not known for its dividend payments.
Why doesn't Coromandel Engineering pay dividends?
There are several potential reasons why Coromandel Engineering 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.
Will Coromandel Engineering 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 Coromandel Engineering 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 Coromandel Engineering a dividend aristocrat?
Coromandel Engineering 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 Coromandel Engineering a dividend king?
Coromandel Engineering 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 Coromandel Engineering a dividend stock?
No, Coromandel Engineering 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 Coromandel Engineering stocks?
To buy Coromandel Engineering 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 Coromandel Engineering 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.