Jigar Cables Ltd. is a holding company, which engages in the manufacture, trading, and sale of electric cables and wires. Its products include submersible flat cables, flexible cables, safe home house wires, and aerial bunch cables. The company was founded on February 7, 2017 and is headquartered in Rajkot, India.
Jigar Cables Dividend Announcement
• Jigar Cables announced a annually dividend of ₹0.20 per ordinary share which will be made payable on 2019-10-28. Ex dividend date: 2019-09-19
Jigar Cables Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2019-09-19 | ₹0.20 | annually | 2019-10-28 |
Jigar Cables Dividend per year
Jigar Cables Dividend Yield
Jigar Cables current trailing twelve-month (TTM) dividend yield is 0%. Interested in purchasing Jigar Cables stock? Use our calculator to estimate your expected dividend yield:
Jigar Cables Financial Ratios
P/E ratio0.00
PEG ratio0.00
P/B ratio0.00
ROE0.00%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Jigar Cables Dividend FAQ
Does Jigar Cables stock pay dividends?
Jigar Cables does not currently pay dividends to its shareholders.
Has Jigar Cables ever paid a dividend?
No, Jigar Cables has no a history of paying dividends to its shareholders. Jigar Cables is not known for its dividend payments.
Why doesn't Jigar Cables pay dividends?
There are several potential reasons why Jigar Cables 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 Jigar Cables 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 Jigar Cables 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 Jigar Cables a dividend aristocrat?
Jigar Cables 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 Jigar Cables a dividend king?
Jigar Cables 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 Jigar Cables a dividend stock?
No, Jigar Cables 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 Jigar Cables stocks?
To buy Jigar Cables 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 Jigar Cables 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 Jigar Cables 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.