Credent Global Finance Ltd. provides financial services. The firm's services include lending of money to individuals and Small and Medium Sized Enterprises, with or without security, dealing in securities/shares of Companies, bonds and units investment in stock markets. The company was founded on February 2, 1991 and is headquartered in Mumbai, India.
CREDENT GLOBAL FINANCE Dividend Announcement
• CREDENT GLOBAL FINANCE announced a annually dividend of ₹0.49 per ordinary share which will be made payable on 2023-03-12. Ex dividend date: 2023-02-21
• CREDENT GLOBAL FINANCE's trailing twelve-month (TTM) dividend yield is -%
CREDENT GLOBAL FINANCE Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-02-21 | ₹0.49 | annually | 2023-03-12 |
CREDENT GLOBAL FINANCE Dividend per year
CREDENT GLOBAL FINANCE Dividend Yield
CREDENT GLOBAL FINANCE current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing CREDENT GLOBAL FINANCE stock? Use our calculator to estimate your expected dividend yield:
CREDENT GLOBAL FINANCE Financial Ratios
P/E ratio-2.99
PEG ratio-0.03
P/B ratio0.36
ROE-12.07%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
CREDENT GLOBAL FINANCE Dividend FAQ
Does CREDENT GLOBAL FINANCE stock pay dividends?
CREDENT GLOBAL FINANCE does not currently pay dividends to its shareholders.
Has CREDENT GLOBAL FINANCE ever paid a dividend?
No, CREDENT GLOBAL FINANCE has no a history of paying dividends to its shareholders. CREDENT GLOBAL FINANCE is not known for its dividend payments.
Why doesn't CREDENT GLOBAL FINANCE pay dividends?
There are several potential reasons why CREDENT GLOBAL FINANCE 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 CREDENT GLOBAL FINANCE 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 CREDENT GLOBAL FINANCE 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 CREDENT GLOBAL FINANCE a dividend aristocrat?
CREDENT GLOBAL FINANCE 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 CREDENT GLOBAL FINANCE a dividend king?
CREDENT GLOBAL FINANCE 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 CREDENT GLOBAL FINANCE a dividend stock?
No, CREDENT GLOBAL FINANCE 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 CREDENT GLOBAL FINANCE stocks?
To buy CREDENT GLOBAL FINANCE 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 CREDENT GLOBAL FINANCE 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 CREDENT GLOBAL FINANCE 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.