Kinetic Engineering Ltd. engages in the manufacture and supply of automotive components. It offers cylinder heads, crankshafts, axles, shafts, and motorcycles. The company was founded by H. K. Firodia on October 8, 1970 and is headquartered in Pune, India.
Kinetic Engineering Dividend Announcement
• Kinetic Engineering announced a semi annually dividend of ₹2.50 per ordinary share which will be made payable on . Ex dividend date: 2002-09-11
• Kinetic Engineering's trailing twelve-month (TTM) dividend yield is -%
Kinetic Engineering Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2002-09-11 | ₹2.50 | semi annually | |
| 2001-10-29 | ₹2.50 | semi annually | |
| 2001-08-14 | ₹5.00 | semi annually | |
| 2000-12-05 | ₹2.50 | semi annually | |
| 2000-08-18 | ₹5.00 | semi annually |
Kinetic Engineering Dividend per year
Kinetic Engineering Dividend growth
Kinetic Engineering Dividend Yield
Kinetic Engineering current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Kinetic Engineering stock? Use our calculator to estimate your expected dividend yield:
Kinetic Engineering Financial Ratios
P/E ratio89.66
PEG ratio0.78
P/B ratio6.10
ROE13.37%
Payout ratio0.00%
Current ratio1.26
Quick ratio0.58
Cash Ratio0.13
Kinetic Engineering Dividend FAQ
Does Kinetic Engineering stock pay dividends?
Kinetic Engineering does not currently pay dividends to its shareholders.
Has Kinetic Engineering ever paid a dividend?
No, Kinetic Engineering has no a history of paying dividends to its shareholders. Kinetic Engineering is not known for its dividend payments.
Why doesn't Kinetic Engineering pay dividends?
There are several potential reasons why Kinetic Engineering 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 Kinetic Engineering 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 Kinetic Engineering 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 Kinetic Engineering a dividend aristocrat?
Kinetic Engineering 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 Kinetic Engineering a dividend king?
Kinetic Engineering 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 Kinetic Engineering a dividend stock?
No, Kinetic Engineering 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 Kinetic Engineering stocks?
To buy Kinetic Engineering 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 Kinetic Engineering 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 Kinetic Engineering 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.