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D P Wires Limited manufactures and supplies steel wires, plastic pipes, and plastic films for oil and gas, power, environment, civil, energy, automobile, infrastructure, and other industries in India and internationally. The company offers LRPC strand wires, induction hardened and tempered spring steel wires, HDPE geomembrane sheets, and spring steel wires, as well as specialized steel wires. It also provides PE films, pond lining films, HDPE films, cap covers, wires, and others. In addition, the company is involved in the wind power generation business. It also exports its products. D P Wires Limited was founded in 1971 and is headquartered in Ratlam, India.

D P Wires Dividend Announcement

D P Wires announced a annually dividend of ₹1.37 per ordinary share which will be made payable on 2023-09-22. Ex dividend date: 2023-09-22
D P Wires's trailing twelve-month (TTM) dividend yield is -%

D P Wires Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-09-22₹1.37annually2023-09-22

D P Wires Dividend per year

D P Wires Dividend Yield

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

D P Wires Financial Ratios

P/E ratio19.32
PEG ratio0.19
P/B ratio2.77
ROE14.80%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

D P Wires Dividend FAQ

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