Dolfin Rubbers Ltd. engages in the manufacture of auto and animal driven vehicle tubes supporting the tyre industry. It offers a range of rubber tubes, suitable for tyres of various types of vehicles, including mopeds, scooters, motorcycles, cars, jeeps, buses, trucks, and tractors with the use of butyl rubber. The company was founded on October 12, 1995 and is headquartered in Ludhiana, India.
Dolfin Rubbers Dividend Announcement
• Dolfin Rubbers announced a annually dividend of ₹1.20 per ordinary share which will be made payable on 2023-09-11. Ex dividend date: 2023-08-04
• Dolfin Rubbers annual dividend for 2023 was ₹1.20
• Dolfin Rubbers's trailing twelve-month (TTM) dividend yield is -%
Dolfin Rubbers Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-08-04 | ₹1.20 | annually | 2023-09-11 |
| 2021-09-16 | ₹0.90 | annually | 2021-10-25 |
| 2020-09-18 | ₹0.75 | annually | 2020-10-30 |
Dolfin Rubbers Dividend per year
Dolfin Rubbers Dividend Yield
Dolfin Rubbers current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dolfin Rubbers stock? Use our calculator to estimate your expected dividend yield:
Dolfin Rubbers Financial Ratios
P/E ratio39.82
PEG ratio-20.31
P/B ratio8.04
ROE21.09%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Dolfin Rubbers Dividend FAQ
Does Dolfin Rubbers stock pay dividends?
Dolfin Rubbers does not currently pay dividends to its shareholders.
Has Dolfin Rubbers ever paid a dividend?
No, Dolfin Rubbers has no a history of paying dividends to its shareholders. Dolfin Rubbers is not known for its dividend payments.
Why doesn't Dolfin Rubbers pay dividends?
There are several potential reasons why Dolfin Rubbers 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 Dolfin Rubbers 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 Dolfin Rubbers 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 Dolfin Rubbers a dividend aristocrat?
Dolfin Rubbers 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 Dolfin Rubbers a dividend king?
Dolfin Rubbers 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 Dolfin Rubbers a dividend stock?
No, Dolfin Rubbers 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 Dolfin Rubbers stocks?
To buy Dolfin Rubbers 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 Dolfin Rubbers 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 Dolfin Rubbers 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.