Hariyana Ship Breakers Ltd. engages in the ship breaking, trading, and investment business. It operates through the following segments: Mumbai; Bhavnagar; and Industrial Oxygen and Trading. The company was founded on July 9, 1981 and is headquartered in Mumbai, India.
Hariyana Ship Breakers Dividend Announcement
• Hariyana Ship Breakers announced a annually dividend of ₹3.50 per ordinary share which will be made payable on . Ex dividend date: 2013-09-18
• Hariyana Ship Breakers's trailing twelve-month (TTM) dividend yield is -%
Hariyana Ship Breakers Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-09-18 | ₹3.50 | annually | |
| 2012-09-14 | ₹3.00 | annually | |
| 2011-09-19 | ₹2.50 | annually | |
| 2010-09-17 | ₹2.00 | annually | |
| 2009-09-17 | ₹2.00 | annually | |
| 2008-09-16 | ₹2.00 | annually | |
| 2007-09-18 | ₹2.00 | annually | |
| 2006-09-18 | ₹2.00 | annually | |
| 2004-09-16 | ₹0.50 | annually |
Hariyana Ship Breakers Dividend per year
Hariyana Ship Breakers Dividend growth
Hariyana Ship Breakers Dividend Yield
Hariyana Ship Breakers current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hariyana Ship Breakers stock? Use our calculator to estimate your expected dividend yield:
Hariyana Ship Breakers Financial Ratios
P/E ratio12.46
PEG ratio0.12
P/B ratio0.60
ROE9.57%
Payout ratio0.00%
Current ratio0.21
Quick ratio0.10
Cash Ratio0.05
Hariyana Ship Breakers Dividend FAQ
Does Hariyana Ship Breakers stock pay dividends?
Hariyana Ship Breakers does not currently pay dividends to its shareholders.
Has Hariyana Ship Breakers ever paid a dividend?
No, Hariyana Ship Breakers has no a history of paying dividends to its shareholders. Hariyana Ship Breakers is not known for its dividend payments.
Why doesn't Hariyana Ship Breakers pay dividends?
There are several potential reasons why Hariyana Ship Breakers 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 Hariyana Ship Breakers 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 Hariyana Ship Breakers 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 Hariyana Ship Breakers a dividend aristocrat?
Hariyana Ship Breakers 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 Hariyana Ship Breakers a dividend king?
Hariyana Ship Breakers 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 Hariyana Ship Breakers a dividend stock?
No, Hariyana Ship Breakers 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 Hariyana Ship Breakers stocks?
To buy Hariyana Ship Breakers 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 Hariyana Ship Breakers 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 Hariyana Ship Breakers 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.