Cosmo Ferrites Ltd. engages in manufacturing, marketing, distribution and exporting of soft ferrites cores. It offers the Mn-Zn, planar cores, toroidal cores and others. The company was founded July 24, 1985 and is headquartered in New Delhi, India.
Cosmo Ferrites Dividend Announcement
• Cosmo Ferrites announced a annually dividend of ₹1.10 per ordinary share which will be made payable on . Ex dividend date: 2002-08-21
• Cosmo Ferrites's trailing twelve-month (TTM) dividend yield is -%
Cosmo Ferrites Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2002-08-21 | ₹1.10 | annually | |
| 2001-07-02 | ₹2.00 | annually |
Cosmo Ferrites Dividend per year
Cosmo Ferrites Dividend Yield
Cosmo Ferrites current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cosmo Ferrites stock? Use our calculator to estimate your expected dividend yield:
Cosmo Ferrites Financial Ratios
P/E ratio-64.91
PEG ratio1.50
P/B ratio13.57
ROE-18.66%
Payout ratio0.00%
Current ratio0.67
Quick ratio0.43
Cash Ratio0.01
Cosmo Ferrites Dividend FAQ
Does Cosmo Ferrites stock pay dividends?
Cosmo Ferrites does not currently pay dividends to its shareholders.
Has Cosmo Ferrites ever paid a dividend?
No, Cosmo Ferrites has no a history of paying dividends to its shareholders. Cosmo Ferrites is not known for its dividend payments.
Why doesn't Cosmo Ferrites pay dividends?
There are several potential reasons why Cosmo Ferrites 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 Cosmo Ferrites 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 Cosmo Ferrites 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 Cosmo Ferrites a dividend aristocrat?
Cosmo Ferrites 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 Cosmo Ferrites a dividend king?
Cosmo Ferrites 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 Cosmo Ferrites a dividend stock?
No, Cosmo Ferrites 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 Cosmo Ferrites stocks?
To buy Cosmo Ferrites 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 Cosmo Ferrites 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 Cosmo Ferrites 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.