Goel Food Products Ltd. operates as an event management company. It provide services such as organizing events like marriages, sangeet, ring ceremonies, birthday parties, anniversary parties, kitty parties, corporate events, kirtans, thread ceremony at their banquet hall and they serve Indian snack and sweets at their retail shop. The company also generates rent income from hotels and guest houses. Goel Food Products was founded on January 31, 1996 and is headquartered at Kolkata, India.
Goel Food Products Dividend Announcement
• Goel Food Products announced a semi annually dividend of ₹0.10 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-07-31
• Goel Food Products annual dividend for 2024 was ₹12.60
• Goel Food Products's trailing twelve-month (TTM) dividend yield is 2.73%
Goel Food Products Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-31 | ₹0.10 | semi annually | 2024-08-21 |
2024-07-15 | ₹12.50 | semi annually | 2024-08-21 |
Goel Food Products Dividend per year
Goel Food Products Dividend Yield
Goel Food Products current trailing twelve-month (TTM) dividend yield is 2.73%. Interested in purchasing Goel Food Products stock? Use our calculator to estimate your expected dividend yield:
Goel Food Products Financial Ratios
Goel Food Products Dividend FAQ
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.
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