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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2014-08-21 | ₹0.50 | annually | |
2013-07-04 | ₹0.75 | annually | |
2012-09-17 | ₹0.75 | annually | |
2011-06-09 | ₹2.00 | annually |
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
Hemang Resources 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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