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 0.57%
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 0.57%. Interested in purchasing IB Infotech Enterprises stock? Use our calculator to estimate your expected dividend yield:
IB Infotech Enterprises Financial Ratios
P/E ratio31.75
PEG ratio-4.23
P/B ratio10.38
ROE38.89%
Payout ratio0.00%
Current ratio2.75
Quick ratio2.75
Cash Ratio0.16
IB Infotech Enterprises Dividend FAQ
Does IB Infotech Enterprises stock pay dividends?
IB Infotech Enterprises does not currently pay dividends to its shareholders.
Has IB Infotech Enterprises ever paid a dividend?
No, IB Infotech Enterprises has no a history of paying dividends to its shareholders. IB Infotech Enterprises is not known for its dividend payments.
Why doesn't IB Infotech Enterprises pay dividends?
There are several potential reasons why IB Infotech Enterprises 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 IB Infotech Enterprises 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 IB Infotech Enterprises 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 IB Infotech Enterprises a dividend aristocrat?
IB Infotech Enterprises 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 IB Infotech Enterprises a dividend king?
IB Infotech Enterprises 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 IB Infotech Enterprises a dividend stock?
No, IB Infotech Enterprises 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 IB Infotech Enterprises stocks?
To buy IB Infotech Enterprises 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 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.
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.