India Cements Capital Ltd. engages in buying and selling of foreign currencies. It also offers general and life insurance products for companies. India Cements Capital was founded on November 8, 1985, and is headquartered in Chennai, India.
India Cements Capital Dividend Announcement
• India Cements Capital announced a annually dividend of ₹0.50 per ordinary share which will be made payable on . Ex dividend date: 2002-08-28
• India Cements Capital's trailing twelve-month (TTM) dividend yield is -%
India Cements Capital Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2002-08-28 | ₹0.50 | annually |
India Cements Capital Dividend per year
India Cements Capital Dividend Yield
India Cements Capital current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing India Cements Capital stock? Use our calculator to estimate your expected dividend yield:
India Cements Capital Financial Ratios
P/E ratio44.02
PEG ratio0.04
P/B ratio2.14
ROE5.01%
Payout ratio0.00%
Current ratio4.50
Quick ratio4.50
Cash Ratio2.59
India Cements Capital Dividend FAQ
Does India Cements Capital stock pay dividends?
India Cements Capital does not currently pay dividends to its shareholders.
Has India Cements Capital ever paid a dividend?
No, India Cements Capital has no a history of paying dividends to its shareholders. India Cements Capital is not known for its dividend payments.
Why doesn't India Cements Capital pay dividends?
There are several potential reasons why India Cements Capital 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 India Cements Capital 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 India Cements Capital 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 India Cements Capital a dividend aristocrat?
India Cements Capital 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 India Cements Capital a dividend king?
India Cements Capital 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 India Cements Capital a dividend stock?
No, India Cements Capital 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 India Cements Capital stocks?
To buy India Cements Capital 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 India Cements Capital 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 India Cements Capital 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.