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Incredible Industries Limited manufactures and sells iron and steel products in India. It offers steel related rolled products, such as TMT, wire rods, H. B. wire, etc., as well as provides related services. The company is also involved in the generation of electricity through wind power. It also exports its products. The company was formerly known as Adhunik Industries Limited and changed its name to Incredible Industries Limited in May 2021. Incredible Industries Limited was incorporated in 1979 and is based in Kolkata, India.

Incredible Industries Dividend Announcement

Incredible Industries does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Incredible Industries dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Incredible Industries Dividend History

Incredible Industries Dividend Yield

Incredible Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Incredible Industries stock? Use our calculator to estimate your expected dividend yield:

Incredible Industries Financial Ratios

P/E ratio32.18
PEG ratio2.30
P/B ratio1.52
ROE4.85%
Payout ratio0.00%
Current ratio2.58
Quick ratio1.77
Cash Ratio0.17

Incredible Industries Dividend FAQ

Does Incredible Industries stock pay dividends?
Incredible Industries does not currently pay dividends to its shareholders.
Has Incredible Industries ever paid a dividend?
No, Incredible Industries has no a history of paying dividends to its shareholders. Incredible Industries is not known for its dividend payments.
Why doesn't Incredible Industries pay dividends?
There are several potential reasons why Incredible Industries 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.
Will Incredible Industries 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 Incredible Industries 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 Incredible Industries a dividend aristocrat?
Incredible Industries 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 Incredible Industries a dividend king?
Incredible Industries 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 Incredible Industries a dividend stock?
No, Incredible Industries 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 Incredible Industries stocks?
To buy Incredible Industries 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 Incredible 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.