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 annual dividend for 2023 was ₹1.37
• D P Wires's trailing twelve-month (TTM) dividend yield is -%
D P Wires Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-22 | ₹1.37 | annually | 2023-09-22 |
2022-09-21 | ₹1.00 | annually | 2022-10-30 |
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
D P Wires 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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