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Goblin India Ltd. engages in the design, marketing and sale of travel, business and casual luggage. The firm offers its products for business, travel, accessories, and corporate gifting. Its products include suitcases, briefcases, computer bags, laptop sleeves, and rolling totes. The company operates through the following business segments: Corporate Promotion, Multibrand Outlets, OEMs, and France. Goblin was founded on April 26, 1989 and is headquartered in Ahmedabad, India.

GOBLIN INDIA Dividend Announcement

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

GOBLIN INDIA Dividend History

GOBLIN INDIA Dividend Yield

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

GOBLIN INDIA Financial Ratios

P/E ratio11.61
PEG ratio0.12
P/B ratio1.18
ROE10.59%
Payout ratio0.00%
Current ratio3.23
Quick ratio2.23
Cash Ratio0.02

GOBLIN INDIA Dividend FAQ

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