Gujarat Petrosynthese Ltd. is engaged in the business of plastic polymers and blends. Its products include modified PC, modified SAN, modified ABS, modified PBT, modified POM, modified Nylon, Polymer Alloys & Blends, and modified PP. The company was founded by Rameshchandra M. Thakkar on September 19, 1977 and is headquartered in Mumbai, India.
Gujarat Petrosynthese Dividend Announcement
• Gujarat Petrosynthese announced a annually dividend of ₹1.00 per ordinary share which will be made payable on . Ex dividend date: 2003-08-12
• Gujarat Petrosynthese's trailing twelve-month (TTM) dividend yield is -%
Gujarat Petrosynthese Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2003-08-12 | ₹1.00 | annually | |
| 2002-12-24 | ₹1.20 | annually | |
| 2001-08-27 | ₹1.20 | annually | |
| 2000-09-04 | ₹1.00 | annually |
Gujarat Petrosynthese Dividend per year
Gujarat Petrosynthese Dividend growth
Gujarat Petrosynthese Dividend Yield
Gujarat Petrosynthese current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gujarat Petrosynthese stock? Use our calculator to estimate your expected dividend yield:
Gujarat Petrosynthese Financial Ratios
P/E ratio32.69
PEG ratio0.31
P/B ratio0.86
ROE2.67%
Payout ratio0.00%
Current ratio4.38
Quick ratio3.99
Cash Ratio0.68
Gujarat Petrosynthese Dividend FAQ
Does Gujarat Petrosynthese stock pay dividends?
Gujarat Petrosynthese does not currently pay dividends to its shareholders.
Has Gujarat Petrosynthese ever paid a dividend?
No, Gujarat Petrosynthese has no a history of paying dividends to its shareholders. Gujarat Petrosynthese is not known for its dividend payments.
Why doesn't Gujarat Petrosynthese pay dividends?
There are several potential reasons why Gujarat Petrosynthese 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 Gujarat Petrosynthese 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 Gujarat Petrosynthese 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 Gujarat Petrosynthese a dividend aristocrat?
Gujarat Petrosynthese 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 Gujarat Petrosynthese a dividend king?
Gujarat Petrosynthese 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 Gujarat Petrosynthese a dividend stock?
No, Gujarat Petrosynthese 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 Gujarat Petrosynthese stocks?
To buy Gujarat Petrosynthese 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 Gujarat Petrosynthese 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 Gujarat Petrosynthese 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.