Jeevan Scientific Technology Ltd. is an outsourcing company, which engages in the provision of global management consulting and technology services. It operates through the following segments: Clinical Research Services and Information Technology Services. The company was founded on February 2, 1999 and is headquartered in Hyderabad, India.
Jeevan Scientific Technology Dividend Announcement
• Jeevan Scientific Technology announced a annually dividend of ₹1.20 per ordinary share which will be made payable on 2022-10-29. Ex dividend date: 2022-09-21
• Jeevan Scientific Technology's trailing twelve-month (TTM) dividend yield is -%
Jeevan Scientific Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-09-21 | ₹1.20 | annually | 2022-10-29 |
| 2021-09-07 | ₹0.50 | annually | 2021-10-15 |
Jeevan Scientific Technology Dividend per year
Jeevan Scientific Technology Dividend Yield
Jeevan Scientific Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jeevan Scientific Technology stock? Use our calculator to estimate your expected dividend yield:
Jeevan Scientific Technology Financial Ratios
P/E ratio-109.53
PEG ratio-1.10
P/B ratio1.63
ROE-2.97%
Payout ratio0.00%
Current ratio2.68
Quick ratio2.56
Cash Ratio0.06
Jeevan Scientific Technology Dividend FAQ
Does Jeevan Scientific Technology stock pay dividends?
Jeevan Scientific Technology does not currently pay dividends to its shareholders.
Has Jeevan Scientific Technology ever paid a dividend?
No, Jeevan Scientific Technology has no a history of paying dividends to its shareholders. Jeevan Scientific Technology is not known for its dividend payments.
Why doesn't Jeevan Scientific Technology pay dividends?
There are several potential reasons why Jeevan Scientific Technology 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 Jeevan Scientific Technology 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 Jeevan Scientific Technology 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 Jeevan Scientific Technology a dividend aristocrat?
Jeevan Scientific Technology 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 Jeevan Scientific Technology a dividend king?
Jeevan Scientific Technology 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 Jeevan Scientific Technology a dividend stock?
No, Jeevan Scientific Technology 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 Jeevan Scientific Technology stocks?
To buy Jeevan Scientific Technology 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 Jeevan Scientific Technology 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 Jeevan Scientific Technology 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.