Krypton Industries Ltd. engages in the manufacture of polyurethane tyres for bicycles. It also involves in the manufacture and export of MCP tubeless puncture-proof tyres for bicycles, wheel chair, and trolleys. The firm operates through the following segments: Tyre, Rim and Wheel, Footwear, and Hospital Equipment. The company was founded on April 6, 1990 and is headquartered in Kolkata, India.
Krypton Industries Dividend Announcement
• Krypton Industries announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-20
• Krypton Industries annual dividend for 2024 was ₹1.00
• Krypton Industries's trailing twelve-month (TTM) dividend yield is 1.07%
Krypton Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-20 | ₹1.00 | annually | 2024-10-28 |
| 2007-09-20 | ₹1.18 | annually | |
| 2006-09-04 | ₹1.18 | annually | |
| 2005-09-12 | ₹1.18 | annually | |
| 2004-08-02 | ₹1.18 | annually |
Krypton Industries Dividend per year
Krypton Industries Dividend growth
Krypton Industries Dividend Yield
Krypton Industries current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing Krypton Industries stock? Use our calculator to estimate your expected dividend yield:
Krypton Industries Financial Ratios
P/E ratio84.95
PEG ratio-2.27
P/B ratio4.14
ROE5.02%
Payout ratio0.00%
Current ratio1.77
Quick ratio0.97
Cash Ratio0.09
Krypton Industries Dividend FAQ
Does Krypton Industries stock pay dividends?
Krypton Industries does not currently pay dividends to its shareholders.
Has Krypton Industries ever paid a dividend?
No, Krypton Industries has no a history of paying dividends to its shareholders. Krypton Industries is not known for its dividend payments.
Why doesn't Krypton Industries pay dividends?
There are several potential reasons why Krypton Industries 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 Krypton Industries 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 Krypton Industries 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 Krypton Industries a dividend aristocrat?
Krypton Industries 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 Krypton Industries a dividend king?
Krypton Industries 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 Krypton Industries a dividend stock?
No, Krypton Industries 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 Krypton Industries stocks?
To buy Krypton Industries 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 Krypton Industries 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 Krypton Industries 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.