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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-17 | ₹0.40 | annually | 2023-12-02 |
2022-12-16 | ₹0.20 | annually | 2023-01-07 |
2017-09-14 | ₹1.00 | annually | 2017-10-20 |
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
Crown Lifters Dividend FAQ
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.
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