Empower India Ltd. is a holding company, which engages in the trading of information technology products and provision of related services. It also provides digital solutions and information technology consulting services. The company was founded on February 20, 1981 and is headquartered in Mumbai, India.
Empower India Dividend Announcement
• Empower India announced a annually dividend of ₹0.03 per ordinary share which will be made payable on . Ex dividend date: 2010-09-24
• Empower India's trailing twelve-month (TTM) dividend yield is -%
Empower India Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2010-09-24 | ₹0.03 | annually | |
| 2008-09-25 | ₹0.05 | annually | |
| 2007-02-14 | ₹0.18 | annually |
Empower India Dividend per year
Empower India Dividend Yield
Empower India current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Empower India stock? Use our calculator to estimate your expected dividend yield:
Empower India Financial Ratios
P/E ratio28.71
PEG ratio-11.79
P/B ratio0.83
ROE2.93%
Payout ratio0.00%
Current ratio0.91
Quick ratio0.56
Cash Ratio0.05
Empower India Dividend FAQ
Does Empower India stock pay dividends?
Empower India does not currently pay dividends to its shareholders.
Has Empower India ever paid a dividend?
No, Empower India has no a history of paying dividends to its shareholders. Empower India is not known for its dividend payments.
Why doesn't Empower India pay dividends?
There are several potential reasons why Empower India 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 Empower India 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 Empower India 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 Empower India a dividend aristocrat?
Empower India 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 Empower India a dividend king?
Empower India 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 Empower India a dividend stock?
No, Empower India 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 Empower India stocks?
To buy Empower India 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 Empower India 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 Empower India 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.