Jagan Lamps Ltd. engages in the manufacturing of automotive bulbs & lights and electric bikes. Its product portfolio includes halogen and signaling lamps. The company was founded by Jagannath Aggarwal and Suraj Prakash Aggarwal on January 8, 1993 and is headquartered in Sonipat, India.
Jagan Lamps Dividend Announcement
• Jagan Lamps announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2022-10-29. Ex dividend date: 2022-09-22
• Jagan Lamps's trailing twelve-month (TTM) dividend yield is -%
Jagan Lamps Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-09-22 | ₹1.00 | annually | 2022-10-29 |
| 2021-09-21 | ₹1.00 | annually | 2021-10-29 |
Jagan Lamps Dividend per year
Jagan Lamps Dividend Yield
Jagan Lamps current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jagan Lamps stock? Use our calculator to estimate your expected dividend yield:
Jagan Lamps Financial Ratios
P/E ratio23.08
PEG ratio0.23
P/B ratio2.13
ROE19.00%
Payout ratio0.00%
Current ratio2.44
Quick ratio1.28
Cash Ratio0.04
Jagan Lamps Dividend FAQ
Does Jagan Lamps stock pay dividends?
Jagan Lamps does not currently pay dividends to its shareholders.
Has Jagan Lamps ever paid a dividend?
No, Jagan Lamps has no a history of paying dividends to its shareholders. Jagan Lamps is not known for its dividend payments.
Why doesn't Jagan Lamps pay dividends?
There are several potential reasons why Jagan Lamps 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 Jagan Lamps 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 Jagan Lamps 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 Jagan Lamps a dividend aristocrat?
Jagan Lamps 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 Jagan Lamps a dividend king?
Jagan Lamps 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 Jagan Lamps a dividend stock?
No, Jagan Lamps 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 Jagan Lamps stocks?
To buy Jagan Lamps 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 Jagan Lamps 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 Jagan Lamps 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.