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Jet Freight Logistics Limited engages in the freight forwarding business in India. The company offers air and ocean freight, door-to-door cargo delivery, warehousing, customs clearance, chartering, and buyers and sellers consolidation services. It manages perishable cargo, including frozen and temperature-controlled cargo, such as pharmaceuticals, vaccines, bulk drugs, vegetables, fruits, cut flowers, tissue culture, etc.; general and time sensitive cargo; hazardous cargo; and heavy lift, over dimensional, and break-bulk cargo. Jet Freight Logistics Limited was founded in 1986 and is headquartered in Mumbai, India.

Jet Freight Logistics Dividend Announcement

Jet Freight Logistics announced a annually dividend of ₹0.09 per ordinary share which will be made payable on 2021-11-30. Ex dividend date: 2021-11-17
Jet Freight Logistics's trailing twelve-month (TTM) dividend yield is -%

Jet Freight Logistics Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-11-17₹0.09annually2021-11-30
2018-08-09₹0.09annually2018-08-28

Jet Freight Logistics Dividend per year

Jet Freight Logistics Dividend Yield

Jet Freight Logistics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jet Freight Logistics stock? Use our calculator to estimate your expected dividend yield:

Jet Freight Logistics Financial Ratios

P/E ratio9.60
PEG ratio0.10
P/B ratio1.31
ROE14.15%
Payout ratio0.00%
Current ratio1.12
Quick ratio1.12
Cash Ratio0.00

Jet Freight Logistics Dividend FAQ

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