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Hathway Cable and Datacom Limited provides cable television network, Internet, and allied services. It operates through Broadband Business and Cable Television segments. The company also provides home and business broadband services. In addition, the company operates H-tube, a channel for broadcasting videos; CCC – Cine Channel, a 24 hours movie channel; HMART, a shopping channel; and HFLICKS1 and HFLICKS2, which are entertainment channels. The company offers its cable TV services in approximately 350 cities and towns in India. Hathway Cable and Datacom Limited was incorporated in 1959 and is based in Mumbai, India.

Hathway Cable and Datacom Dividend Announcement

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

Hathway Cable and Datacom Dividend History

Hathway Cable and Datacom Dividend Yield

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

Hathway Cable and Datacom Financial Ratios

P/E ratio33.38
PEG ratio0.33
P/B ratio0.78
ROE2.36%
Payout ratio0.00%
Current ratio3.02
Quick ratio3.02
Cash Ratio0.22

Hathway Cable and Datacom Dividend FAQ

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