GKB Ophthalmics Ltd. is a holding company, which engages in the manufacture and sale of ophthalmic lenses made up of glass and plastic. Its products glass moulds bifocal moulds, include mineral, finished, semi-finished, and organic lenses. It operates through within India, and outside India geographical segments. The company was founded by Krishna Gopal Gupta on December 10, 1981 and is headquartered in Mapusa, India.
GKB Ophthalmics Dividend Announcement
• GKB Ophthalmics announced a annually dividend of ₹1.20 per ordinary share which will be made payable on . Ex dividend date: 2010-09-21
• GKB Ophthalmics's trailing twelve-month (TTM) dividend yield is -%
GKB Ophthalmics Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2010-09-21 | ₹1.20 | annually |
GKB Ophthalmics Dividend per year
GKB Ophthalmics Dividend Yield
GKB Ophthalmics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing GKB Ophthalmics stock? Use our calculator to estimate your expected dividend yield:
GKB Ophthalmics Financial Ratios
P/E ratio-13.98
PEG ratio0.18
P/B ratio0.87
ROE-5.90%
Payout ratio0.00%
Current ratio1.77
Quick ratio0.95
Cash Ratio0.04
GKB Ophthalmics Dividend FAQ
Does GKB Ophthalmics stock pay dividends?
GKB Ophthalmics does not currently pay dividends to its shareholders.
Has GKB Ophthalmics ever paid a dividend?
No, GKB Ophthalmics has no a history of paying dividends to its shareholders. GKB Ophthalmics is not known for its dividend payments.
Why doesn't GKB Ophthalmics pay dividends?
There are several potential reasons why GKB Ophthalmics 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 GKB Ophthalmics 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 GKB Ophthalmics 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 GKB Ophthalmics a dividend aristocrat?
GKB Ophthalmics 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 GKB Ophthalmics a dividend king?
GKB Ophthalmics 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 GKB Ophthalmics a dividend stock?
No, GKB Ophthalmics 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 GKB Ophthalmics stocks?
To buy GKB Ophthalmics 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 GKB Ophthalmics 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 GKB Ophthalmics 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.