Dreamfolks Services Limited provides airport service in India and internationally. The company offers lounge access, food and beverage, spa, meet and assist, airport transfer, transit hotels and nap room access, and baggage transfer services. Dreamfolks Services Limited was incorporated in 2008 and is based in Gurugram, India.
Dreamfolks Services Dividend Announcement
• Dreamfolks Services announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-17
• Dreamfolks Services annual dividend for 2024 was ₹1.50
• Dreamfolks Services annual dividend for 2023 was ₹0.50
• Dreamfolks Services's trailing twelve-month (TTM) dividend yield is 0.35%
Dreamfolks Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-17 | ₹1.50 | annually | 2024-10-24 |
| 2023-08-22 | ₹0.50 | annually | 2023-09-08 |
Dreamfolks Services Dividend per year
Dreamfolks Services Dividend Yield
Dreamfolks Services current trailing twelve-month (TTM) dividend yield is 0.35%. Interested in purchasing Dreamfolks Services stock? Use our calculator to estimate your expected dividend yield:
Dreamfolks Services Financial Ratios
P/E ratio31.47
PEG ratio0.06
P/B ratio8.48
ROE30.60%
Payout ratio0.00%
Current ratio2.05
Quick ratio2.05
Cash Ratio0.09
Dreamfolks Services Dividend FAQ
Does Dreamfolks Services stock pay dividends?
Dreamfolks Services does not currently pay dividends to its shareholders.
Has Dreamfolks Services ever paid a dividend?
No, Dreamfolks Services has no a history of paying dividends to its shareholders. Dreamfolks Services is not known for its dividend payments.
Why doesn't Dreamfolks Services pay dividends?
There are several potential reasons why Dreamfolks Services 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 Dreamfolks Services 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 Dreamfolks Services 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 Dreamfolks Services a dividend aristocrat?
Dreamfolks Services 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 Dreamfolks Services a dividend king?
Dreamfolks Services 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 Dreamfolks Services a dividend stock?
No, Dreamfolks Services 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 Dreamfolks Services stocks?
To buy Dreamfolks Services 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 Dreamfolks Services 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 Dreamfolks Services 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.