Cosco (India) Ltd. manufactures and sells sporting goods, health and fitness equipment. The firm operates through two segments: Own manufactured products viz Sports Balls and Traded Goods viz Fitness Equipments and other sports goods. The company was founded in January 25, 1980 and is headquartered in New Delhi, India.
Cosco Dividend Announcement
• Cosco announced a annually dividend of ₹1.00 per ordinary share which will be made payable on . Ex dividend date: 2015-08-20
• Cosco's trailing twelve-month (TTM) dividend yield is -%
Cosco Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2015-08-20 | ₹1.00 | annually |
Cosco Dividend per year
Cosco Dividend Yield
Cosco current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cosco stock? Use our calculator to estimate your expected dividend yield:
Cosco Financial Ratios
P/E ratio35.80
PEG ratio0.36
P/B ratio3.02
ROE17.20%
Payout ratio0.00%
Current ratio1.96
Quick ratio0.60
Cash Ratio0.01
Cosco Dividend FAQ
Does Cosco stock pay dividends?
Cosco does not currently pay dividends to its shareholders.
Has Cosco ever paid a dividend?
No, Cosco has no a history of paying dividends to its shareholders. Cosco is not known for its dividend payments.
Why doesn't Cosco pay dividends?
There are several potential reasons why Cosco 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 Cosco 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 Cosco 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 Cosco a dividend aristocrat?
Cosco 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 Cosco a dividend king?
Cosco 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 Cosco a dividend stock?
No, Cosco 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 Cosco stocks?
To buy Cosco 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 Cosco 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 Cosco 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.