IFB Industries Limited, together with its subsidiaries, manufactures and trades in home appliances primarily in India. It offers domestic washing machines, microwave ovens, domestic and industrial dishwashers, clothes dryers, and modular kitchens; kitchen appliances, such as hobs, chimneys, and built-in ovens; air conditioners; and industrial washing systems, including dry cleaning and other finishing equipment. The company also provides a range of parts and accessories for motor vehicles, etc.; and fine blanked components and cold rolled steel strips, as well as tools and related machine tools, such as straighteners, decoilers, strip loaders, and others. In addition, it exports its products. The company was formerly known as Indian Fine Blanks Limited. IFB Industries Limited was incorporated in 1974 and is based in Kolkata, India.
IFB Industries Dividend Announcement
• IFB Industries announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 1996-12-01. Ex dividend date: 1996-10-22
• IFB Industries's trailing twelve-month (TTM) dividend yield is -%
IFB Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
1996-10-22 | ₹3.00 | annually | 1996-12-01 |
1995-12-04 | ₹3.00 | annually | |
1994-11-21 | ₹2.75 | annually | 1994-12-01 |
IFB Industries Dividend per year
IFB Industries Dividend growth
IFB Industries Dividend Yield
IFB Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing IFB Industries stock? Use our calculator to estimate your expected dividend yield:
IFB Industries Financial Ratios
IFB Industries 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 IFB Industries 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.