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Hemang Resources Ltd. engages in the infrastructure and real estate business. It operates through two divisions: Coal Trading and Infrastructure. The Coal Trading division includes trading of Imported & Indigenous Coal and selling to various Industries in India. The Infrastructure division is regarding the new line of activity has procured significant quantity of land at the prominent locations for the purpose of dealing in real estate sector. The company was founded on July 8, 1993 and is headquartered in Chennai, India.

Hemang Resources Dividend Announcement

Hemang Resources announced a annually dividend of ₹0.50 per ordinary share which will be made payable on . Ex dividend date: 2014-08-21
Hemang Resources's trailing twelve-month (TTM) dividend yield is -%

Hemang Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-08-21₹0.50annually
2013-07-04₹0.75annually
2012-09-17₹0.75annually
2011-06-09₹2.00annually

Hemang Resources Dividend per year

Hemang Resources Dividend growth

Hemang Resources Dividend Yield

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

Hemang Resources Financial Ratios

P/E ratio3.38
PEG ratio-0.01
P/B ratio1.39
ROE53.31%
Payout ratio0.00%
Current ratio2.16
Quick ratio1.13
Cash Ratio0.02

Hemang Resources Dividend FAQ

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