Jayabharat Credit Ltd. is a non-banking financial company, which engages in fund based activities. It offers hire purchase financing for heavy commercial vehicles, light commercial vehicles, earth moving equipment, light motor vehicles, industrial, and office equipment. The company was founded on March 25, 1943 and is headquartered in Mumbai, India.
Jayabharat Credit Dividend Announcement
• Jayabharat Credit announced a annually dividend of ₹0.80 per ordinary share which will be made payable on . Ex dividend date: 2008-09-01
• Jayabharat Credit's trailing twelve-month (TTM) dividend yield is -%
Jayabharat Credit Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2008-09-01 | ₹0.80 | annually | |
| 2007-08-16 | ₹0.80 | annually | |
| 2006-08-25 | ₹0.80 | annually | |
| 2005-08-26 | ₹0.80 | annually | |
| 2004-08-16 | ₹1.00 | annually | |
| 2003-08-14 | ₹1.00 | annually | |
| 2002-08-01 | ₹1.20 | annually |
Jayabharat Credit Dividend per year
Jayabharat Credit Dividend growth
Jayabharat Credit Dividend Yield
Jayabharat Credit current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jayabharat Credit stock? Use our calculator to estimate your expected dividend yield:
Jayabharat Credit Financial Ratios
P/E ratio-5.51
PEG ratio0.03
P/B ratio-0.09
ROE2.17%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Jayabharat Credit Dividend FAQ
Does Jayabharat Credit stock pay dividends?
Jayabharat Credit does not currently pay dividends to its shareholders.
Has Jayabharat Credit ever paid a dividend?
No, Jayabharat Credit has no a history of paying dividends to its shareholders. Jayabharat Credit is not known for its dividend payments.
Why doesn't Jayabharat Credit pay dividends?
There are several potential reasons why Jayabharat Credit 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 Jayabharat Credit 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 Jayabharat Credit 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 Jayabharat Credit a dividend aristocrat?
Jayabharat Credit 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 Jayabharat Credit a dividend king?
Jayabharat Credit 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 Jayabharat Credit a dividend stock?
No, Jayabharat Credit 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 Jayabharat Credit stocks?
To buy Jayabharat Credit 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 Jayabharat Credit 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 Jayabharat Credit 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.