Ishan Dyes & Chemicals Ltd. engages in the business of manufacturing, trading, and other deals of chemicals used in dyes and pigments. The firm produces pigments of copper phthalocyanine blue, such as CPC, alpha blue, and beta blue. Its products are used for plastics, water based and offset inks, and paints. The company was founded on November 30, 1993 and is headquartered in Ahmedabad, India.
Ishan Dyes & Chemicals Dividend Announcement
• Ishan Dyes & Chemicals announced a annually dividend of ₹1.25 per ordinary share which will be made payable on 2021-05-18. Ex dividend date: 2021-04-29
• Ishan Dyes & Chemicals's trailing twelve-month (TTM) dividend yield is -%
Ishan Dyes & Chemicals Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-04-29 | ₹1.25 | annually | 2021-05-18 |
| 2020-08-27 | ₹1.00 | annually | 2020-10-04 |
| 2018-03-08 | ₹0.69 | annually | 2018-03-25 |
| 2016-09-20 | ₹0.46 | annually |
Ishan Dyes & Chemicals Dividend per year
Ishan Dyes & Chemicals Dividend Yield
Ishan Dyes & Chemicals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ishan Dyes & Chemicals stock? Use our calculator to estimate your expected dividend yield:
Ishan Dyes & Chemicals Financial Ratios
P/E ratio26.60
PEG ratio0.27
P/B ratio1.12
ROE5.71%
Payout ratio0.00%
Current ratio1.45
Quick ratio1.03
Cash Ratio0.02
Ishan Dyes & Chemicals Dividend FAQ
Does Ishan Dyes & Chemicals stock pay dividends?
Ishan Dyes & Chemicals does not currently pay dividends to its shareholders.
Has Ishan Dyes & Chemicals ever paid a dividend?
No, Ishan Dyes & Chemicals has no a history of paying dividends to its shareholders. Ishan Dyes & Chemicals is not known for its dividend payments.
Why doesn't Ishan Dyes & Chemicals pay dividends?
There are several potential reasons why Ishan Dyes & Chemicals 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 Ishan Dyes & Chemicals 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 Ishan Dyes & Chemicals 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 Ishan Dyes & Chemicals a dividend aristocrat?
Ishan Dyes & Chemicals 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 Ishan Dyes & Chemicals a dividend king?
Ishan Dyes & Chemicals 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 Ishan Dyes & Chemicals a dividend stock?
No, Ishan Dyes & Chemicals 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 Ishan Dyes & Chemicals stocks?
To buy Ishan Dyes & Chemicals 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 Ishan Dyes & Chemicals 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 Ishan Dyes & Chemicals 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.