Inter Globe Finance Ltd. is a non-banking financial company, which offers investment and short-term corporate loan services to corporations, financial institutions, high net-worth individuals, and retail investors. It also offers financial management and advisory services. The company was founded on April 24, 1992 and is headquartered in Kolkata, India.
Inter Globe Finance Dividend Announcement
• Inter Globe Finance announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2017-10-10. Ex dividend date: 2017-09-18
• Inter Globe Finance's trailing twelve-month (TTM) dividend yield is -%
Inter Globe Finance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-09-18 | ₹0.50 | annually | 2017-10-10 |
| 2016-09-21 | ₹0.25 | annually | |
| 2015-09-22 | ₹0.25 | annually | |
| 2014-09-23 | ₹0.25 | annually | |
| 2013-09-20 | ₹0.25 | annually | |
| 2011-08-17 | ₹0.25 | annually |
Inter Globe Finance Dividend per year
Inter Globe Finance Dividend growth
Inter Globe Finance Dividend Yield
Inter Globe Finance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Inter Globe Finance stock? Use our calculator to estimate your expected dividend yield:
Inter Globe Finance Financial Ratios
P/E ratio9.26
PEG ratio0.09
P/B ratio0.80
ROE17.66%
Payout ratio0.00%
Current ratio18.77
Quick ratio12.04
Cash Ratio0.23
Inter Globe Finance Dividend FAQ
Does Inter Globe Finance stock pay dividends?
Inter Globe Finance does not currently pay dividends to its shareholders.
Has Inter Globe Finance ever paid a dividend?
No, Inter Globe Finance has no a history of paying dividends to its shareholders. Inter Globe Finance is not known for its dividend payments.
Why doesn't Inter Globe Finance pay dividends?
There are several potential reasons why Inter Globe Finance 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 Inter Globe Finance 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 Inter Globe Finance 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 Inter Globe Finance a dividend aristocrat?
Inter Globe Finance 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 Inter Globe Finance a dividend king?
Inter Globe Finance 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 Inter Globe Finance a dividend stock?
No, Inter Globe Finance 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 Inter Globe Finance stocks?
To buy Inter Globe Finance 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 Inter Globe Finance 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 Inter Globe Finance 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.