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Hexa Tradex Limited engages in the trading business in India. It operates through two segments, Trading, and Investment and Finance including Consultancy. The company trades in minerals and metals, stainless and special steels, alloys and ferrous, non-ferrous metals, auto parts, tools and implements, dies jigs, steel pipes, tubes and pipe fittings, iron and steel products, cast iron, steel and tubular structural, scrap, tubes and allied products, chemicals and petrochemicals, capital goods, and household articles; and general merchandise, as well as house-hold and groceries, such as packaged food products, fruits, vegetables, toiletries and electronic items, electrical appliances, general merchandise, apparels, accessories, stationery items, over the counter drugs, home and office furnishing, and beauty products. Hexa Tradex Limited was incorporated in 2010 and is based in New Delhi, India.

Hexa Tradex Dividend Announcement

• Hexa Tradex announced a annually dividend of ₹1.20 per ordinary share which will be made payable on . Ex dividend date: 2013-05-09
• Hexa Tradex's trailing twelve-month (TTM) dividend yield is -%

Hexa Tradex Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-05-09₹1.20annually

Hexa Tradex Dividend per year

Hexa Tradex Dividend Yield

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

Hexa Tradex Financial Ratios

P/E ratio-76.75
PEG ratio-27.86
P/B ratio0.30
ROE-0.49%
Payout ratio0.00%
Current ratio3.13
Quick ratio3.13
Cash Ratio0.04

Hexa Tradex Dividend FAQ

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