Indian Acrylics Ltd. manufactures and sells acrylic fibre and yarn. Its products staple, tow and tops in regular as well as high shrink are found in garments, work clothing, furnishing fabrics, blankets, carpets and toys. The company was founded on February 28, 1986 and is headquartered in Chandigarh, India.
Indian Acrylics Dividend Announcement
• Indian Acrylics does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Indian Acrylics dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Indian Acrylics Dividend History
Indian Acrylics Dividend Yield
Indian Acrylics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Indian Acrylics stock? Use our calculator to estimate your expected dividend yield:
Indian Acrylics Financial Ratios
P/E ratio-3.70
PEG ratio-0.04
P/B ratio7.03
ROE-133.69%
Payout ratio0.00%
Current ratio0.75
Quick ratio0.24
Cash Ratio0.04
Indian Acrylics Dividend FAQ
Does Indian Acrylics stock pay dividends?
Indian Acrylics does not currently pay dividends to its shareholders.
Has Indian Acrylics ever paid a dividend?
No, Indian Acrylics has no a history of paying dividends to its shareholders. Indian Acrylics is not known for its dividend payments.
Why doesn't Indian Acrylics pay dividends?
There are several potential reasons why Indian Acrylics 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 Indian Acrylics 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 Indian Acrylics 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 Indian Acrylics a dividend aristocrat?
Indian Acrylics 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 Indian Acrylics a dividend king?
Indian Acrylics 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 Indian Acrylics a dividend stock?
No, Indian Acrylics 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 Indian Acrylics stocks?
To buy Indian Acrylics 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 Indian Acrylics 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 Indian Acrylics 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.