Cospower Engineering Ltd. engages in the manufacture of electrical panels, harmonic filters, and substation and equipment mounting structure. It also provides turnkey services which involve supply, installation, commissioning, testing, and maintenance of electric products. The company was founded in 2004 and is headquartered in Palghar, India.
Cospower Engineering Dividend Announcement
• Cospower Engineering announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2021-10-30. Ex dividend date: 2021-09-22
• Cospower Engineering's trailing twelve-month (TTM) dividend yield is -%
Cospower Engineering Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-09-22 | ₹1.00 | annually | 2021-10-30 |
| 2020-10-16 | ₹1.20 | annually | 2020-11-29 |
Cospower Engineering Dividend per year
Cospower Engineering Dividend Yield
Cospower Engineering current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cospower Engineering stock? Use our calculator to estimate your expected dividend yield:
Cospower Engineering Financial Ratios
P/E ratio762.34
PEG ratio-20.55
P/B ratio12.12
ROE1.75%
Payout ratio0.00%
Current ratio1.18
Quick ratio0.44
Cash Ratio0.02
Cospower Engineering Dividend FAQ
Does Cospower Engineering stock pay dividends?
Cospower Engineering does not currently pay dividends to its shareholders.
Has Cospower Engineering ever paid a dividend?
No, Cospower Engineering has no a history of paying dividends to its shareholders. Cospower Engineering is not known for its dividend payments.
Why doesn't Cospower Engineering pay dividends?
There are several potential reasons why Cospower 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.
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 Cospower 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 Cospower 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 Cospower Engineering a dividend aristocrat?
Cospower 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 Cospower Engineering a dividend king?
Cospower 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 Cospower Engineering a dividend stock?
No, Cospower 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 Cospower Engineering stocks?
To buy Cospower 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 Cospower 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.
Place an order: Use the brokerage's trading platform to place an order to buy Cospower 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.