Gujarat Raffia Industries Limited manufactures and sells polyethylene tarpaulins, high density polyethylene (HDPE)/polypropylene (PP) woven sacks, and fabrics in India. It also offers PE tarpaulins, plastic and ground sheeting, geomembranes, tents, shelters, pond and canal linings, fumigation covers, HDPE and PP woven bags, azolla beds, grow bags, weed mats, vermibed and ropes, etc. The company also exports its products worldwide. Gujarat Raffia Industries Limited was incorporated in 1984 and is based in Gandhinagar, India.
Gujarat Raffia Industries Dividend Announcement
• Gujarat Raffia Industries announced a annually dividend of ₹0.28 per ordinary share which will be made payable on . Ex dividend date: 2022-03-15
• Gujarat Raffia Industries's trailing twelve-month (TTM) dividend yield is -%
Gujarat Raffia Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-03-15 | ₹0.28 | annually |
Gujarat Raffia Industries Dividend per year
Gujarat Raffia Industries Dividend Yield
Gujarat Raffia Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gujarat Raffia Industries stock? Use our calculator to estimate your expected dividend yield:
Gujarat Raffia Industries Financial Ratios
Gujarat Raffia Industries 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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