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Delta Manufacturing Limited, together with its subsidiaries, manufactures and sells hard ferrite magnets in India and internationally. The company offers sector magnets for use in automotive magneto's and alternators; motor magnets for starter motors of automotive and motor cycles; ferrofluid-liquid magnets for applications in loudspeakers, electronic devices, mechanical engineering, aerospace, analytical instrumentation, biomedical, heat transfer-cooling, and display and education kits; and ring magnets for loud speakers/lifting devices, etc. It also provides isotropic magnets for toys games and micro motors; low energy embedding powder magnets for use in bonded applications; and rare earth magnets that are used in electric vehicle drive motors, solar pumps, and drone motors. In addition, the company manufactures soft ferrites; and textile woven labels, fabric printed labels, and elastic/woven tapes. Further, it processes metal powders and specialized lubricants. The company was formerly known as Delta Magnets Limited and changed its name to Delta Manufacturing Limited in October 2008. The company was incorporated in 1982 and is based in Mumbai, India.

Delta Manufacturing Dividend Announcement

• Delta Manufacturing announced a annually dividend of ₹1.20 per ordinary share which will be made payable on 2001-09-01. Ex dividend date: 2001-08-13
• Delta Manufacturing's trailing twelve-month (TTM) dividend yield is -%

Delta Manufacturing Dividend History

Ex-Div dateDividend amountDividend typePay date
2001-08-13₹1.20annually2001-09-01

Delta Manufacturing Dividend per year

Delta Manufacturing Dividend Yield

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

Delta Manufacturing Financial Ratios

P/E ratio-9.65
PEG ratio-0.72
P/B ratio5.19
ROE-42.05%
Payout ratio0.00%
Current ratio0.67
Quick ratio0.39
Cash Ratio0.00

Delta Manufacturing Dividend FAQ

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