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Dodla Dairy Limited, together with its subsidiaries, produces and sells milk and milk products in India and internationally. The company offers toned, standardized, full cream, ultrahigh temperature processed (UHT)-toned, and UHT-double toned milk; and milk products, such as butter milk/sweet lassi, ghee, paneer, curd, flavored milk, butter, doodh peda, ice cream, skimmed milk powder, and milk based sweets. It also engages in processing, producing, preserving, canning, bottling, making, packing, re-packing, importing, buying, selling, supply, and distribution of milk, evaporated milk, powdered milk, butter, cheese, dairy whitener, and non-dairy whitener. In addition, the company manufactures and sells cattle feed. Dodla Dairy Limited was incorporated in 1995 and is based in Hyderabad, India.

Dodla Dairy Dividend Announcement

Dodla Dairy announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-10-31
Dodla Dairy annual dividend for 2024 was ₹3.00
Dodla Dairy's trailing twelve-month (TTM) dividend yield is 0.25%

Dodla Dairy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-31₹3.00annually2024-11-22

Dodla Dairy Dividend per year

Dodla Dairy Dividend Yield

Dodla Dairy current trailing twelve-month (TTM) dividend yield is 0.25%. Interested in purchasing Dodla Dairy stock? Use our calculator to estimate your expected dividend yield:

Dodla Dairy Financial Ratios

P/E ratio32.99
PEG ratio-3.72
P/B ratio5.54
ROE18.75%
Payout ratio0.00%
Current ratio3.03
Quick ratio2.25
Cash Ratio0.41

Dodla Dairy Dividend FAQ

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