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Elpro International Ltd. owns and leases real estate property. It operates through the following segments: Electrical Equipment, Real Estate, Investment Activity, and Others. The Electrical Equipment segment includes manufacturing and sales of lightning arresters, varistors, secondary surge arresters, and discharge counter. The Real Estate segment focuses in the development and sale of property and lease of land and premises. The Investment Activity comprises long term investments. The Others segment consists of income generated from windmills. The company was founded on July 27, 1962 and is headquartered in Mumbai, India.

Elpro International Dividend Announcement

Elpro International announced a semi annually dividend of ₹0.60 per ordinary share which will be made payable on 2023-12-01. Ex dividend date: 2023-11-13
Elpro International annual dividend for 2023 was ₹0.83
Elpro International's trailing twelve-month (TTM) dividend yield is 0.53%

Elpro International Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-11-13₹0.60semi annually2023-12-01
2023-06-09₹0.23semi annually2023-06-28
2006-09-13₹0.92semi annually
2005-09-22₹0.92semi annually
2002-12-02₹0.92semi annually
2001-09-04₹1.83semi annually

Elpro International Dividend per year

Elpro International Dividend growth

Elpro International Dividend Yield

Elpro International current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Elpro International stock? Use our calculator to estimate your expected dividend yield:

Elpro International Financial Ratios

P/E ratio16.85
PEG ratio26.61
P/B ratio1.19
ROE7.48%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Elpro International Dividend FAQ

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