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Ganesh Benzoplast Limited manufactures and sells specialty chemicals, food preservatives, and industrial lubricants in India and internationally. The company operates through two divisions, Liquid Storage Terminal (LST) and Chemical. The LST division provides storage tanks for storing liquid chemicals, oil products, petrochemicals, biofuels, and vegetable oils. It offers storage and handling solutions. The Chemical division provides sodium benzoate, benzoic acid, and benzoplast. It also engages in bunkering, barging, blending, and drum filling services. The company serves food and beverage, paints, automobile, pharmaceutical, lubricants industries, etc. Ganesh Benzoplast Limited was incorporated in 1986 and is based in Mumbai, India.

Ganesh Benzoplast Dividend Announcement

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

Ganesh Benzoplast Dividend History

Ganesh Benzoplast Dividend Yield

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

Ganesh Benzoplast Financial Ratios

P/E ratio15.43
PEG ratio1.48
P/B ratio1.83
ROE12.92%
Payout ratio0.00%
Current ratio2.19
Quick ratio2.04
Cash Ratio0.06

Ganesh Benzoplast Dividend FAQ

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