Envair Electrodyne Ltd. engages in the provision of industrial machinery. It designs and manufactures air equipment, workstations, and electrostatic oil cleaners. The company was founded on April 2, 1981 and is headquartered in Pune, India.
Envair Electrodyne Dividend Announcement
• Envair Electrodyne announced a annually dividend of ₹0.70 per ordinary share which will be made payable on . Ex dividend date: 2013-08-14
• Envair Electrodyne's trailing twelve-month (TTM) dividend yield is -%
Envair Electrodyne Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-08-14 | ₹0.70 | annually | |
| 2012-09-13 | ₹0.70 | annually | |
| 2011-09-12 | ₹0.70 | annually | |
| 2010-08-04 | ₹0.50 | annually | |
| 2008-08-27 | ₹0.70 | annually | |
| 2007-09-17 | ₹0.70 | annually | |
| 2006-08-14 | ₹0.70 | annually |
Envair Electrodyne Dividend per year
Envair Electrodyne Dividend growth
Envair Electrodyne Dividend Yield
Envair Electrodyne current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Envair Electrodyne stock? Use our calculator to estimate your expected dividend yield:
Envair Electrodyne Financial Ratios
P/E ratio-111.52
PEG ratio0.04
P/B ratio9.62
ROE-8.05%
Payout ratio0.00%
Current ratio17.60
Quick ratio17.84
Cash Ratio16.29
Envair Electrodyne Dividend FAQ
Does Envair Electrodyne stock pay dividends?
Envair Electrodyne does not currently pay dividends to its shareholders.
Has Envair Electrodyne ever paid a dividend?
No, Envair Electrodyne has no a history of paying dividends to its shareholders. Envair Electrodyne is not known for its dividend payments.
Why doesn't Envair Electrodyne pay dividends?
There are several potential reasons why Envair Electrodyne 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 Envair Electrodyne 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 Envair Electrodyne 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 Envair Electrodyne a dividend aristocrat?
Envair Electrodyne 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 Envair Electrodyne a dividend king?
Envair Electrodyne 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 Envair Electrodyne a dividend stock?
No, Envair Electrodyne 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 Envair Electrodyne stocks?
To buy Envair Electrodyne 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 Envair Electrodyne 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 Envair Electrodyne 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.