Ishita Drugs & Industries Ltd. engages in the manufacturing of basic drugs. It offers active pharma ingredients, drug intermediates, fine chemicals, and finished dosage forms. The company was founded by Jagdishprasad Gokulchand Agrawal on February 5, 1992 and is headquartered in Ahmedabad, India.
Ishita Drugs and Industries Dividend Announcement
• Ishita Drugs and Industries does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Ishita Drugs and Industries dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Ishita Drugs and Industries Dividend History
Ishita Drugs and Industries Dividend Yield
Ishita Drugs and Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ishita Drugs and Industries stock? Use our calculator to estimate your expected dividend yield:
Ishita Drugs and Industries Financial Ratios
P/E ratio31.13
PEG ratio156.39
P/B ratio2.38
ROE15.61%
Payout ratio0.00%
Current ratio11.13
Quick ratio9.91
Cash Ratio5.55
Ishita Drugs and Industries Dividend FAQ
Does Ishita Drugs and Industries stock pay dividends?
Ishita Drugs and Industries does not currently pay dividends to its shareholders.
Has Ishita Drugs and Industries ever paid a dividend?
No, Ishita Drugs and Industries has no a history of paying dividends to its shareholders. Ishita Drugs and Industries is not known for its dividend payments.
Why doesn't Ishita Drugs and Industries pay dividends?
There are several potential reasons why Ishita Drugs and 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.
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 Ishita Drugs and 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 Ishita Drugs and 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 Ishita Drugs and Industries a dividend aristocrat?
Ishita Drugs and 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 Ishita Drugs and Industries a dividend king?
Ishita Drugs and 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 Ishita Drugs and Industries a dividend stock?
No, Ishita Drugs and 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 Ishita Drugs and Industries stocks?
To buy Ishita Drugs and 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 Ishita Drugs and 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.
Place an order: Use the brokerage's trading platform to place an order to buy Ishita Drugs and 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.