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Eco Recycling Ltd. engages in the recycling of electrical and electronic waste business. Its activities include collection of e-waste from the generators, transporting, sorting it into working and non-working equipment and components, secured data destruction, size reduction, sorting in to different commodities such as glass, plastic, iron, steel, aluminum, copper and other fractions, remarketing of reusable equipment, components and various recovered commodities. The company was founded by Brijkishore Kishangopal Soni on August 1, 1994 and is headquartered in Mumbai, India.

Eco Recycling Dividend Announcement

Eco Recycling announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2022-09-25. Ex dividend date: 2022-08-18
Eco Recycling's trailing twelve-month (TTM) dividend yield is -%

Eco Recycling Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-08-18₹1.00annually2022-09-25

Eco Recycling Dividend per year

Eco Recycling Dividend Yield

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

Eco Recycling Financial Ratios

P/E ratio88.16
PEG ratio3.58
P/B ratio28.22
ROE68.21%
Payout ratio0.00%
Current ratio5.13
Quick ratio4.07
Cash Ratio0.25

Eco Recycling Dividend FAQ

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