Jayshree Chemicals Ltd. engages in the generation of wind-power. It operates through the following divisions: Trading, Wind Power, and Electric. The company was founded on April 17, 1962 and is headquartered in Kolkata, India.
Jayshree Chemicals Dividend Announcement
• Jayshree Chemicals announced a semi annually dividend of ₹0.57 per ordinary share which will be made payable on . Ex dividend date: 2009-10-29
• Jayshree Chemicals's trailing twelve-month (TTM) dividend yield is -%
Jayshree Chemicals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2009-10-29 | ₹0.57 | semi annually | |
2009-08-14 | ₹0.85 | semi annually | |
2008-06-19 | ₹0.57 | semi annually |
Jayshree Chemicals Dividend per year
Jayshree Chemicals Dividend Yield
Jayshree Chemicals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jayshree Chemicals stock? Use our calculator to estimate your expected dividend yield:
Jayshree Chemicals Financial Ratios
P/E ratio-6.97
PEG ratio-0.11
P/B ratio2.42
ROE-32.01%
Payout ratio0.00%
Current ratio2.01
Quick ratio1.99
Cash Ratio0.01
Jayshree Chemicals Dividend FAQ
Does Jayshree Chemicals stock pay dividends?
Jayshree Chemicals does not currently pay dividends to its shareholders.
Has Jayshree Chemicals ever paid a dividend?
No, Jayshree Chemicals has no a history of paying dividends to its shareholders. Jayshree Chemicals is not known for its dividend payments.
Why doesn't Jayshree Chemicals pay dividends?
There are several potential reasons why Jayshree Chemicals 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 Jayshree Chemicals 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 Jayshree Chemicals 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 Jayshree Chemicals a dividend aristocrat?
Jayshree Chemicals 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 Jayshree Chemicals a dividend king?
Jayshree Chemicals 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 Jayshree Chemicals a dividend stock?
No, Jayshree Chemicals 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 Jayshree Chemicals stocks?
To buy Jayshree Chemicals 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 Jayshree Chemicals 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 Jayshree Chemicals 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.