Hindustan Adhesives Ltd. engages in the manufacture and marketing of adhesives tapes and polyolefin shrink film. Its products include acrylic packaging tapes, tear tapes, polyolefin shrink films, and shrink wrapping machines. The company was founded by Madhusudan Lalit K. Bagla on April 5, 1988 and is headquartered in New Delhi, India.
Hindustan Adhesives Dividend Announcement
• Hindustan Adhesives announced a annually dividend of ₹1.00 per ordinary share which will be made payable on . Ex dividend date: 2016-11-21
• Hindustan Adhesives's trailing twelve-month (TTM) dividend yield is -%
Hindustan Adhesives Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2016-11-21 | ₹1.00 | annually |
Hindustan Adhesives Dividend per year
Hindustan Adhesives Dividend Yield
Hindustan Adhesives current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hindustan Adhesives stock? Use our calculator to estimate your expected dividend yield:
Hindustan Adhesives Financial Ratios
P/E ratio14.30
PEG ratio0.11
P/B ratio2.72
ROE21.47%
Payout ratio0.00%
Current ratio0.96
Quick ratio0.52
Cash Ratio0.02
Hindustan Adhesives Dividend FAQ
Does Hindustan Adhesives stock pay dividends?
Hindustan Adhesives does not currently pay dividends to its shareholders.
Has Hindustan Adhesives ever paid a dividend?
No, Hindustan Adhesives has no a history of paying dividends to its shareholders. Hindustan Adhesives is not known for its dividend payments.
Why doesn't Hindustan Adhesives pay dividends?
There are several potential reasons why Hindustan Adhesives 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 Hindustan Adhesives 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 Hindustan Adhesives 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 Hindustan Adhesives a dividend aristocrat?
Hindustan Adhesives 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 Hindustan Adhesives a dividend king?
Hindustan Adhesives 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 Hindustan Adhesives a dividend stock?
No, Hindustan Adhesives 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 Hindustan Adhesives stocks?
To buy Hindustan Adhesives 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 Hindustan Adhesives 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 Hindustan Adhesives 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.