Glance Finance Ltd. is a non-banking finance company, which engages in the provision of asset leasing and investment in capital markets. The company was founded by Narendra Sardarsingh Karnavat and Tushar Gopalkrishna Agarwal in 1994 and is headquartered in Mumbai, India.
Glance Finance Dividend Announcement
• Glance Finance announced a annually dividend of ₹0.75 per ordinary share which will be made payable on . Ex dividend date: 2015-09-21
• Glance Finance's trailing twelve-month (TTM) dividend yield is -%
Glance Finance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2015-09-21 | ₹0.75 | annually | |
| 2014-09-18 | ₹0.75 | annually |
Glance Finance Dividend per year
Glance Finance Dividend Yield
Glance Finance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Glance Finance stock? Use our calculator to estimate your expected dividend yield:
Glance Finance Financial Ratios
P/E ratio9.79
PEG ratio0.26
P/B ratio0.64
ROE7.80%
Payout ratio0.00%
Current ratio34.57
Quick ratio34.57
Cash Ratio11.16
Glance Finance Dividend FAQ
Does Glance Finance stock pay dividends?
Glance Finance does not currently pay dividends to its shareholders.
Has Glance Finance ever paid a dividend?
No, Glance Finance has no a history of paying dividends to its shareholders. Glance Finance is not known for its dividend payments.
Why doesn't Glance Finance pay dividends?
There are several potential reasons why Glance Finance 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 Glance Finance 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 Glance Finance 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 Glance Finance a dividend aristocrat?
Glance Finance 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 Glance Finance a dividend king?
Glance Finance 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 Glance Finance a dividend stock?
No, Glance Finance 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 Glance Finance stocks?
To buy Glance Finance 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 Glance Finance 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 Glance Finance 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.