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Crown Lifters Limited, a crane hiring company, trades in and rents cranes in India. Its fleet includes crawler lattice and telescopic boom, all terrain, rough terrain, aerial platforms, and piling rigs. The company serves refinery, oil and gas, cement and steel plant, wind energy, thermal and nuclear power plant, fabrication, airport, metro and railway, water and gas pipeline, port and jetty, pile driving and caging, and dredging sectors. Crown Lifters Limited was founded in 1986 and is headquartered in Mumbai, India.

Crown Lifters Dividend Announcement

Crown Lifters announced a annually dividend of ₹0.40 per ordinary share which will be made payable on 2023-12-02. Ex dividend date: 2023-11-17
Crown Lifters annual dividend for 2023 was ₹0.40
Crown Lifters's trailing twelve-month (TTM) dividend yield is -%

Crown Lifters Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-11-17₹0.40annually2023-12-02
2022-12-16₹0.20annually2023-01-07
2017-09-14₹1.00annually2017-10-20

Crown Lifters Dividend per year

Crown Lifters Dividend Yield

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

Crown Lifters Financial Ratios

P/E ratio15.85
PEG ratio0.16
P/B ratio5.28
ROE45.27%
Payout ratio0.00%
Current ratio4.25
Quick ratio4.25
Cash Ratio2.30

Crown Lifters Dividend FAQ

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