company-logo

Kuantum Papers Limited produces, markets, and sells wood free writing and printing paper in India. It offers maplitho, colored paper, ledger, cartridge, parchment, duplicating, and wood free specialty papers. The company's products are used for printing books, trade directories, newsprint, diaries, calendars, and computer stationery, as well as for manufacturing notebooks and other stationery items. It also exports its products. The company was formerly known as ABC Paper Limited and changed its name to Kuantum Papers Limited in March 2012. The company was incorporated in 1997 and is based in Chandigarh, India.

Kuantum Papers Dividend Announcement

Kuantum Papers announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-09-29. Ex dividend date: 2024-08-23
Kuantum Papers annual dividend for 2024 was ₹3.00
Kuantum Papers annual dividend for 2023 was ₹3.00
Kuantum Papers's trailing twelve-month (TTM) dividend yield is 2.16%

Kuantum Papers Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-23₹3.00annually2024-09-29
2023-06-30₹3.00annually2023-08-06
2020-07-30₹0.25annually2019-09-12

Kuantum Papers Dividend per year

Kuantum Papers Dividend Yield

Kuantum Papers current trailing twelve-month (TTM) dividend yield is 2.16%. Interested in purchasing Kuantum Papers stock? Use our calculator to estimate your expected dividend yield:

Kuantum Papers Financial Ratios

P/E ratio8.39
PEG ratio0.31
P/B ratio1.04
ROE12.92%
Payout ratio0.00%
Current ratio0.81
Quick ratio0.43
Cash Ratio0.00

Kuantum Papers Dividend FAQ

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