Golechha Global Finance Ltd. operates as a non-banking finance company. The firm is engaged in the business of finance and investment services. Its activities include financing and investing in securities and debts related instruments. Golechha Global Finance was founded by Chandrakanta Golechha and Devendra Kumar Golechha on April 18, 1991 and is headquartered in Kolkata, India.
Golechha Global Finance Dividend Announcement
• Golechha Global Finance announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2022-12-12. Ex dividend date: 2022-11-25
• Golechha Global Finance's trailing twelve-month (TTM) dividend yield is -%
Golechha Global Finance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-11-25 | ₹1.00 | annually | 2022-12-12 |
Golechha Global Finance Dividend per year
Golechha Global Finance Dividend Yield
Golechha Global Finance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Golechha Global Finance stock? Use our calculator to estimate your expected dividend yield:
Golechha Global Finance Financial Ratios
P/E ratio10.53
PEG ratio0.53
P/B ratio1.83
ROE18.61%
Payout ratio0.00%
Current ratio529.23
Quick ratio94.85
Cash Ratio4.18
Golechha Global Finance Dividend FAQ
Does Golechha Global Finance stock pay dividends?
Golechha Global Finance does not currently pay dividends to its shareholders.
Has Golechha Global Finance ever paid a dividend?
No, Golechha Global Finance has no a history of paying dividends to its shareholders. Golechha Global Finance is not known for its dividend payments.
Why doesn't Golechha Global Finance pay dividends?
There are several potential reasons why Golechha Global 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 Golechha Global 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 Golechha Global 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 Golechha Global Finance a dividend aristocrat?
Golechha Global 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 Golechha Global Finance a dividend king?
Golechha Global 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 Golechha Global Finance a dividend stock?
No, Golechha Global 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 Golechha Global Finance stocks?
To buy Golechha Global 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 Golechha Global 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 Golechha Global 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.