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Kirloskar Electric Company Limited manufactures and sells electrical and electronic equipment in India and internationally. The company operates through Power Generation and Distribution Group, Rotating Machines Group, and Others segments. Its products include AC high and low voltage motors; AC generators; DC motors; DG sets; electronics, such as AC and DC drives, battery chargers, and uninterruptible power supply systems; and switchgears, including vacuum circuit breakers, SF6 circuit breaker, unitized package substations, panels, and porcelain clad vacuum circuit breakers. The company also provides traction products, such as dynamic breaking resistors, AC and DC traction motors, traction alternators, and radiator cooling fans; and cast resin, distribution, power, energy, and special transformers. In addition, it designs, manufactures, and supplies custom-built systems for various projects. The company serves the power generation, transmission, and distribution, as well as transportation, sugar, cement, renewable energy, steel, agriculture, oil and gas, refinery, and nuclear industries. Kirloskar Electric Company Limited was incorporated in 1946 and is based in Bengaluru, India.

Kirloskar Electric Dividend Announcement

• Kirloskar Electric does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Kirloskar Electric dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Kirloskar Electric Dividend History

Kirloskar Electric Dividend Yield

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

Kirloskar Electric Financial Ratios

P/E ratio85.82
PEG ratio0.86
P/B ratio10.17
ROE14.63%
Payout ratio0.00%
Current ratio0.40
Quick ratio0.28
Cash Ratio0.06

Kirloskar Electric Dividend FAQ

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