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Exxaro Tiles Limited manufactures and markets vitrified tiles used for flooring solutions in India and internationally. The company offers double charge and glazed vitrified, and wall tiles under the Exxaro brand name. It supplies its products through dealer-distribution network for infrastructure related projects, including residential, commercial, educational institutions, hotels, hospitals, government, religious institutions, builders/developers, etc.; and to private customers. The company was formerly known as Ricasil Ceramic Industries Private Limited and changed its name to Exxaro Tiles Limited in December 2020. Exxaro Tiles Limited was founded in 2007 and is based in Himatnagar, India.

Exxaro Tiles Dividend Announcement

• Exxaro Tiles does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Exxaro Tiles dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Exxaro Tiles Dividend History

Exxaro Tiles Dividend Yield

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

Exxaro Tiles Financial Ratios

P/E ratio-186.59
PEG ratio-27.65
P/B ratio1.45
ROE-0.78%
Payout ratio0.00%
Current ratio1.62
Quick ratio0.76
Cash Ratio0.02

Exxaro Tiles Dividend FAQ

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