Dharani Finance Ltd. is a non-banking finance company. It engages in the provision of travel and tourism services. It operates through the following segments: Financial Services, Travel Services, and Others. The company was founded on May 10, 1990 and is headquartered in Chennai, India.
Dharani Finance Dividend Announcement
• Dharani Finance announced a annually dividend of ₹0.70 per ordinary share which will be made payable on . Ex dividend date: 2012-09-06
• Dharani Finance's trailing twelve-month (TTM) dividend yield is -%
Dharani Finance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2012-09-06 | ₹0.70 | annually | |
| 2011-09-16 | ₹0.50 | annually | |
| 2010-08-30 | ₹0.50 | annually | |
| 2008-09-18 | ₹0.50 | annually |
Dharani Finance Dividend per year
Dharani Finance Dividend growth
Dharani Finance Dividend Yield
Dharani Finance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dharani Finance stock? Use our calculator to estimate your expected dividend yield:
Dharani Finance Financial Ratios
P/E ratio37.19
PEG ratio1.18
P/B ratio0.53
ROE3.00%
Payout ratio0.00%
Current ratio54.25
Quick ratio54.25
Cash Ratio0.12
Dharani Finance Dividend FAQ
Does Dharani Finance stock pay dividends?
Dharani Finance does not currently pay dividends to its shareholders.
Has Dharani Finance ever paid a dividend?
No, Dharani Finance has no a history of paying dividends to its shareholders. Dharani Finance is not known for its dividend payments.
Why doesn't Dharani Finance pay dividends?
There are several potential reasons why Dharani Finance 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.
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 Dharani Finance 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 Dharani Finance 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 Dharani Finance a dividend aristocrat?
Dharani Finance 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 Dharani Finance a dividend king?
Dharani Finance 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 Dharani Finance a dividend stock?
No, Dharani Finance 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 Dharani Finance stocks?
To buy Dharani Finance 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 Dharani Finance 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.
Place an order: Use the brokerage's trading platform to place an order to buy Dharani Finance 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.