El Forge Ltd. engages in the manufacture and market of steel forgings. Its products include closed die forgings, light duty crankshafts, connecting rods, rocker arms, transmission parts, wheel hubs, valve parts, claw poles, brake parts, and sockets for ball joint. It operates through the Forgings, and Land Development business segments. The company was founded on July 18, 1934 and is headquartered in Chennai, India.
EL FORGE Dividend Announcement
• EL FORGE announced a annually dividend of ₹1.14 per ordinary share which will be made payable on . Ex dividend date: 2008-09-12
• EL FORGE's trailing twelve-month (TTM) dividend yield is -%
EL FORGE Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2008-09-12 | ₹1.14 | annually | |
| 2007-09-13 | ₹1.14 | annually | |
| 2006-08-23 | ₹1.02 | annually | |
| 2005-09-08 | ₹0.81 | annually |
EL FORGE Dividend per year
EL FORGE Dividend growth
EL FORGE Dividend Yield
EL FORGE current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing EL FORGE stock? Use our calculator to estimate your expected dividend yield:
EL FORGE Financial Ratios
P/E ratio0.96
PEG ratio0.22
P/B ratio2.90
ROE-389.15%
Payout ratio0.00%
Current ratio1.54
Quick ratio1.11
Cash Ratio0.38
EL FORGE Dividend FAQ
Does EL FORGE stock pay dividends?
EL FORGE does not currently pay dividends to its shareholders.
Has EL FORGE ever paid a dividend?
No, EL FORGE has no a history of paying dividends to its shareholders. EL FORGE is not known for its dividend payments.
Why doesn't EL FORGE pay dividends?
There are several potential reasons why EL FORGE 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 EL FORGE 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 EL FORGE 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 EL FORGE a dividend aristocrat?
EL FORGE 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 EL FORGE a dividend king?
EL FORGE 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 EL FORGE a dividend stock?
No, EL FORGE 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 EL FORGE stocks?
To buy EL FORGE 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 EL FORGE 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 EL FORGE 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.