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Kingfa Science & Technology (India) Limited manufactures and supplies reinforced polypropylene compounds and fiber reinforced composites in India. It also offers thermoplastic elastomers under the HYPRENE brand name; POM; fiberglass honeycomb composite panels; LFT products; PA6/PA66 products; engineering plastics compounds; and high temperature resistant nylon/LCP. The company supplies its products to automobile, electronic appliances, induproductsstrial equipment, consumer goods, packaging, toys, etc. The company was formerly known as Hydro S&S Industries Limited and changed its name to Kingfa Science & Technology (India) Limited in March 2016. The company was incorporated in 1983 and is based in Chennai, India. Kingfa Science & Technology (India) Limited is a subsidiary of Kingfa Sci. & Tech. Co., Ltd.

Kingfa Science & Technology Dividend Announcement

Kingfa Science & Technology announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-17
Kingfa Science & Technology annual dividend for 2024 was ₹10.00
Kingfa Science & Technology's trailing twelve-month (TTM) dividend yield is 0.3%

Kingfa Science & Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-17₹10.00annually2024-10-24
2011-09-22₹0.60annually

Kingfa Science & Technology Dividend per year

Kingfa Science & Technology Dividend Yield

Kingfa Science & Technology current trailing twelve-month (TTM) dividend yield is 0.3%. Interested in purchasing Kingfa Science & Technology stock? Use our calculator to estimate your expected dividend yield:

Kingfa Science & Technology Financial Ratios

P/E ratio29.76
PEG ratio0.30
P/B ratio6.12
ROE22.74%
Payout ratio0.00%
Current ratio1.94
Quick ratio1.26
Cash Ratio0.03

Kingfa Science & Technology Dividend FAQ

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