Dhoot Industrial Finance Ltd. engages in trading chemicals, electronics, paper, commodities, and shares in India. The firm offers carbon di sulphide, compressed hydrogen gas, chloro sulphonic acid, oleum, sodium sulphate, caustic soda lye, sulphuric acid, liquid chlorine, sodium hypochlorite, hydrochloric acid, copper tubes, zinc and copper rods. It also generates power through windmills. The company was founded on October 27, 1978 and is headquartered in Mumbai, India.
Dhoot Industrial Finance Dividend Announcement
• Dhoot Industrial Finance announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-20
• Dhoot Industrial Finance annual dividend for 2024 was ₹1.50
• Dhoot Industrial Finance's trailing twelve-month (TTM) dividend yield is 0.39%
Dhoot Industrial Finance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹1.50 | annually | 2024-10-26 |
Dhoot Industrial Finance Dividend per year
Dhoot Industrial Finance Dividend Yield
Dhoot Industrial Finance current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing Dhoot Industrial Finance stock? Use our calculator to estimate your expected dividend yield:
Dhoot Industrial Finance Financial Ratios
Dhoot Industrial Finance 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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