HOV Services Limited, together with its subsidiaries, provides software and IT enabled services in India and internationally. It offers software development, maintenance, and support services; and data entry and business process outsource services. The company was incorporated in 1989 and is headquartered in Pune, India.
HOV Services Dividend Announcement
• HOV Services announced a semi annually dividend of ₹2.00 per ordinary share which will be made payable on 2011-09-02. Ex dividend date: 2011-07-27
• HOV Services's trailing twelve-month (TTM) dividend yield is -%
HOV Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-07-27 | ₹2.00 | semi annually | 2011-09-02 |
| 2011-02-01 | ₹2.00 | semi annually | |
| 2010-11-02 | ₹2.00 | semi annually | 2010-11-18 |
| 2010-08-18 | ₹2.00 | semi annually | 2010-08-27 |
| 2010-07-13 | ₹2.00 | semi annually | 2010-07-30 |
| 2010-02-02 | ₹2.00 | semi annually | 2010-02-18 |
HOV Services Dividend per year
HOV Services Dividend Yield
HOV Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing HOV Services stock? Use our calculator to estimate your expected dividend yield:
HOV Services Financial Ratios
P/E ratio27.78
PEG ratio0.10
P/B ratio3.58
ROE13.01%
Payout ratio0.00%
Current ratio1.30
Quick ratio1.30
Cash Ratio0.35
HOV Services Dividend FAQ
Does HOV Services stock pay dividends?
HOV Services does not currently pay dividends to its shareholders.
Has HOV Services ever paid a dividend?
No, HOV Services has no a history of paying dividends to its shareholders. HOV Services is not known for its dividend payments.
Why doesn't HOV Services pay dividends?
There are several potential reasons why HOV Services 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 HOV Services 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 HOV Services 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 HOV Services a dividend aristocrat?
HOV Services 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 HOV Services a dividend king?
HOV Services 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 HOV Services a dividend stock?
No, HOV Services 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 HOV Services stocks?
To buy HOV Services 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 HOV Services 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 HOV Services 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.