IB Infotech Enterprises Ltd. engages in trading of agricultural products. It products include benzyl adnine, gibrellic, boric, citric acid, magnesium sulphate, zinc sulphate, zinc nitrate, and calcium sulphate as well as software related products. The company was founded on December 7, 1987 and is headquartered in Mumbai, India.
IB Infotech Enterprises Dividend Announcement
• IB Infotech Enterprises announced a semi annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-17
• IB Infotech Enterprises annual dividend for 2024 was ₹1.00
• IB Infotech Enterprises annual dividend for 2023 was ₹0.50
• IB Infotech Enterprises's trailing twelve-month (TTM) dividend yield is 0.49%
IB Infotech Enterprises Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ₹0.50 | semi annually | 2024-10-20 |
2024-02-09 | ₹0.50 | semi annually | |
2023-09-18 | ₹0.50 | semi annually | 2023-10-22 |
IB Infotech Enterprises Dividend per year
IB Infotech Enterprises Dividend Yield
IB Infotech Enterprises current trailing twelve-month (TTM) dividend yield is 0.49%. Interested in purchasing IB Infotech Enterprises stock? Use our calculator to estimate your expected dividend yield:
IB Infotech Enterprises Financial Ratios
IB Infotech Enterprises 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.
Place an order: Use the brokerage's trading platform to place an order to buy IB Infotech Enterprises 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.