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Goyal Aluminiums Limited engages in the trading business in India. The company deals in aluminium extruding profiles, aluminium sheets and coils, aluminium expended profiles, aluminium scraps, cotton fabric trousers, lithium ion cells, pop rivets, rubber profiles, and expended metal products. It also manufactures aluminium panels and its allied products. The company was formerly known as Advitiya Trade India Limited and changed its name to Goyal Aluminiums Limited in October 2021. Goyal Aluminiums Limited was incorporated in 2017 and is based in New Delhi, India.

Goyal Aluminiums Dividend Announcement

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

Goyal Aluminiums Dividend History

Goyal Aluminiums Dividend Yield

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

Goyal Aluminiums Financial Ratios

P/E ratio65.57
PEG ratio0.66
P/B ratio8.02
ROE13.00%
Payout ratio0.00%
Current ratio3.42
Quick ratio3.05
Cash Ratio0.01

Goyal Aluminiums Dividend FAQ

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