Globalspace Technologies Ltd. engages in the development of applications and hardware product platforms for Pharma and IT industry. It provides mobility solutions and digital consulting focusing on the field force enhancement. The company was founded by Krishna Murari Singh on December 22, 2010 and is headquartered in Navi Mumbai, India.
GlobalSpace Technologies Dividend Announcement
• GlobalSpace Technologies announced a semi annually dividend of ₹0.20 per ordinary share which will be made payable on . Ex dividend date: 2021-11-16
• GlobalSpace Technologies's trailing twelve-month (TTM) dividend yield is -%
GlobalSpace Technologies Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-11-16 | ₹0.20 | semi annually | |
| 2021-11-11 | ₹0.10 | semi annually | 2021-12-26 |
GlobalSpace Technologies Dividend per year
GlobalSpace Technologies Dividend Yield
GlobalSpace Technologies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing GlobalSpace Technologies stock? Use our calculator to estimate your expected dividend yield:
GlobalSpace Technologies Financial Ratios
P/E ratio-3.23
PEG ratio-0.03
P/B ratio0.36
ROE-27.21%
Payout ratio0.00%
Current ratio2.22
Quick ratio1.51
Cash Ratio0.00
GlobalSpace Technologies Dividend FAQ
Does GlobalSpace Technologies stock pay dividends?
GlobalSpace Technologies does not currently pay dividends to its shareholders.
Has GlobalSpace Technologies ever paid a dividend?
No, GlobalSpace Technologies has no a history of paying dividends to its shareholders. GlobalSpace Technologies is not known for its dividend payments.
Why doesn't GlobalSpace Technologies pay dividends?
There are several potential reasons why GlobalSpace Technologies 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 GlobalSpace Technologies 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 GlobalSpace Technologies 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 GlobalSpace Technologies a dividend aristocrat?
GlobalSpace Technologies 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 GlobalSpace Technologies a dividend king?
GlobalSpace Technologies 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 GlobalSpace Technologies a dividend stock?
No, GlobalSpace Technologies 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 GlobalSpace Technologies stocks?
To buy GlobalSpace Technologies 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 GlobalSpace Technologies 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 GlobalSpace Technologies 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.