Filtra Consultants & Engineers Ltd. engages in the manufacture and trading of water treatment equipment. Its products include reverse osmosis membranes, multiport valves, dosing systems, pressure vessels, rotameters, drop meters, conductivity meters, control panels, pumps, and distribution systems. The company was founded on May 24, 2011 and is headquartered in Haveli, India.
Filtra Consultants and Engineers Dividend Announcement
• Filtra Consultants and Engineers announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-08-01. Ex dividend date: 2024-06-25
• Filtra Consultants and Engineers annual dividend for 2024 was ₹3.00
• Filtra Consultants and Engineers's trailing twelve-month (TTM) dividend yield is 2.92%
Filtra Consultants and Engineers Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-25 | ₹3.00 | annually | 2024-08-01 |
| 2019-08-14 | ₹1.25 | annually | 2019-09-21 |
| 2018-09-04 | ₹1.50 | annually | 2018-09-22 |
Filtra Consultants and Engineers Dividend per year
Filtra Consultants and Engineers Dividend Yield
Filtra Consultants and Engineers current trailing twelve-month (TTM) dividend yield is 2.92%. Interested in purchasing Filtra Consultants and Engineers stock? Use our calculator to estimate your expected dividend yield:
Filtra Consultants and Engineers Financial Ratios
P/E ratio23.66
PEG ratio0.51
P/B ratio3.56
ROE15.55%
Payout ratio0.00%
Current ratio2.36
Quick ratio1.36
Cash Ratio0.30
Filtra Consultants and Engineers Dividend FAQ
Does Filtra Consultants and Engineers stock pay dividends?
Filtra Consultants and Engineers does not currently pay dividends to its shareholders.
Has Filtra Consultants and Engineers ever paid a dividend?
No, Filtra Consultants and Engineers has no a history of paying dividends to its shareholders. Filtra Consultants and Engineers is not known for its dividend payments.
Why doesn't Filtra Consultants and Engineers pay dividends?
There are several potential reasons why Filtra Consultants and Engineers 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 Filtra Consultants and Engineers 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 Filtra Consultants and Engineers 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 Filtra Consultants and Engineers a dividend aristocrat?
Filtra Consultants and Engineers 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 Filtra Consultants and Engineers a dividend king?
Filtra Consultants and Engineers 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 Filtra Consultants and Engineers a dividend stock?
No, Filtra Consultants and Engineers 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 Filtra Consultants and Engineers stocks?
To buy Filtra Consultants and Engineers 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 Filtra Consultants and Engineers 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 Filtra Consultants and Engineers 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.