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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 dateDividend amountDividend typePay date
2004-04-22₹0.50semi annually
2004-01-27₹1.00semi 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

P/E ratio1979.72
PEG ratio158.16
P/B ratio16.38
ROE0.88%
Payout ratio0.00%
Current ratio0.78
Quick ratio0.47
Cash Ratio0.16

Jagatjit Industries Dividend FAQ

Does Jagatjit Industries stock pay dividends?
Jagatjit Industries does not currently pay dividends to its shareholders.
Has Jagatjit Industries ever paid a dividend?
No, Jagatjit Industries has no a history of paying dividends to its shareholders. Jagatjit Industries is not known for its dividend payments.
Why doesn't Jagatjit Industries pay dividends?
There are several potential reasons why Jagatjit 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.
Will Jagatjit 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 Jagatjit 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 Jagatjit Industries a dividend aristocrat?
Jagatjit 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 Jagatjit Industries a dividend king?
Jagatjit 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 Jagatjit Industries a dividend stock?
No, Jagatjit 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 Jagatjit Industries stocks?
To buy Jagatjit 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 Jagatjit 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.