Jagatjit Industries Ltd. engages in the manufacture of alcoholic beverages, malted milk food and dairy products. It operates through the following segments: Beverages, Food and Others. The Beverages segment includes manufacturing and supply of bottled Indian Made Foreign Liquor (IMFL), country liquor, industrial alcohol and licensing use of IMFL brands. The Food segment focuses on the manufacture and supply of food products and the provision of services for manufacture of food products. The Others segment involves in the sale of petroleum products. The company was founded by L. P. Jaiswal on August 9, 1944 and is headquartered in New Delhi, India.
Jagatjit Industries Dividend Announcement
• Jagatjit Industries announced a semi annually dividend of ₹0.50 per ordinary share which will be made payable on . Ex dividend date: 2004-04-22
• Jagatjit Industries's trailing twelve-month (TTM) dividend yield is -%
Jagatjit Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2004-04-22 | ₹0.50 | semi annually | |
2004-01-27 | ₹1.00 | semi annually |
Jagatjit Industries Dividend per year
Jagatjit Industries Dividend Yield
Jagatjit Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jagatjit Industries stock? Use our calculator to estimate your expected dividend yield:
Jagatjit Industries Financial Ratios
Jagatjit Industries Dividend FAQ
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.
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