Gennex Laboratories Ltd. engages in the manufacture of bulk drugs, intermediates and biotech products. It operates through the following geographical segments: Germany, Egypt, Iran, Peru, Spain, Guatemala City, South Korea, Vietnam, Export Others, and India. The company was founded on March 29, 1990 and is headquartered in Hyderabad, India.
Gennex Laboratories Dividend Announcement
• Gennex Laboratories announced a annually dividend of ₹0.95 per ordinary share which will be made payable on . Ex dividend date: 2001-09-10
• Gennex Laboratories's trailing twelve-month (TTM) dividend yield is -%
Gennex Laboratories Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2001-09-10 | ₹0.95 | annually |
Gennex Laboratories Dividend per year
Gennex Laboratories Dividend Yield
Gennex Laboratories current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gennex Laboratories stock? Use our calculator to estimate your expected dividend yield:
Gennex Laboratories Financial Ratios
P/E ratio29.53
PEG ratio-0.20
P/B ratio2.60
ROE13.74%
Payout ratio0.00%
Current ratio4.01
Quick ratio3.39
Cash Ratio1.51
Gennex Laboratories Dividend FAQ
Does Gennex Laboratories stock pay dividends?
Gennex Laboratories does not currently pay dividends to its shareholders.
Has Gennex Laboratories ever paid a dividend?
No, Gennex Laboratories has no a history of paying dividends to its shareholders. Gennex Laboratories is not known for its dividend payments.
Why doesn't Gennex Laboratories pay dividends?
There are several potential reasons why Gennex Laboratories 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 Gennex Laboratories 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 Gennex Laboratories 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 Gennex Laboratories a dividend aristocrat?
Gennex Laboratories 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 Gennex Laboratories a dividend king?
Gennex Laboratories 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 Gennex Laboratories a dividend stock?
No, Gennex Laboratories 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 Gennex Laboratories stocks?
To buy Gennex Laboratories 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 Gennex Laboratories 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 Gennex Laboratories 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.