company-logo

Jyoti Ltd. is an electrical and hydraulic engineering equipment manufacturing company. The firm operates through following divisions: Engineered Pumps & Projects, Hydel, Rotating Electrical Machines, Switchgear, and Electronics & Control System. The Engineered Pumps and Projects division executes turnkey projects involving civil, mechanical, electrical, instrumentation works in pumping schemes for various industrial sectors like power generation–thermal and nuclear, lift irrigation schemes, urban water supply and steel plants. The Hydel division engages in design, manufacture, supply, installation, commissioning, operation and maintenance of the hydro projects for different heads and outputs with range of turbines including Kaplan, Francis, Pelton, Turgo impulse turbines. The Rotating Electrical Machines division engages in manufacturing and supply of rotating electrical machines including A.C motors and generators, types and varieties of electrical machines. The Switchgear division serves thermal power station, utilities and core industries. The Electronics and Control System division designs and manufactures auxiliary relays. It serves the power generation, chemicals, agriculture, steel, paper, sugar and petrochemicals industries. The company was founded by Rajmitra Bhailalbhai D. Amin and Nanubhai B. Amin in 1943 and is headquartered in Vadodara, India.

Jyoti Dividend Announcement

Jyoti announced a annually dividend of ₹1.00 per ordinary share which will be made payable on . Ex dividend date: 2012-09-11
Jyoti's trailing twelve-month (TTM) dividend yield is -%

Jyoti Dividend History

Ex-Div dateDividend amountDividend typePay date
2012-09-11₹1.00annually
2011-09-06₹1.20annually
2010-09-08₹1.00annually

Jyoti Dividend per year

Jyoti Dividend growth

Jyoti Dividend Yield

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

Jyoti Financial Ratios

P/E ratio22.76
PEG ratio0.95
P/B ratio-4.69
ROE-18.81%
Payout ratio0.00%
Current ratio0.93
Quick ratio0.84
Cash Ratio0.02

Jyoti Dividend FAQ

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