La Tim Metal & Industries Ltd. is a holding company, which engages in the manufacture of steel products. It focuses on importing and trading of coils. It operates through the following segments: Trading of Goods, and Real Estate Development Activity. The company was founded on November 28, 1974 and is headquartered in Mumbai, India.
La Tim Metal & Industries Dividend Announcement
• La Tim Metal & Industries announced a semi annually dividend of ₹0.40 per ordinary share which will be made payable on 2021-10-24. Ex dividend date: 2021-09-20
• La Tim Metal & Industries's trailing twelve-month (TTM) dividend yield is -%
La Tim Metal & Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-09-20 | ₹0.40 | semi annually | 2021-10-24 |
| 2021-08-12 | ₹0.40 | semi annually | 2021-09-01 |
La Tim Metal & Industries Dividend per year
La Tim Metal & Industries Dividend Yield
La Tim Metal & Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing La Tim Metal & Industries stock? Use our calculator to estimate your expected dividend yield:
La Tim Metal & Industries Financial Ratios
P/E ratio24.96
PEG ratio0.34
P/B ratio3.88
ROE39.65%
Payout ratio0.00%
Current ratio2.92
Quick ratio0.81
Cash Ratio0.03
La Tim Metal & Industries Dividend FAQ
Does La Tim Metal & Industries stock pay dividends?
La Tim Metal & Industries does not currently pay dividends to its shareholders.
Has La Tim Metal & Industries ever paid a dividend?
No, La Tim Metal & Industries has no a history of paying dividends to its shareholders. La Tim Metal & Industries is not known for its dividend payments.
Why doesn't La Tim Metal & Industries pay dividends?
There are several potential reasons why La Tim Metal & 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 La Tim Metal & 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 La Tim Metal & 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 La Tim Metal & Industries a dividend aristocrat?
La Tim Metal & 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 La Tim Metal & Industries a dividend king?
La Tim Metal & 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 La Tim Metal & Industries a dividend stock?
No, La Tim Metal & 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 La Tim Metal & Industries stocks?
To buy La Tim Metal & 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 La Tim Metal & 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 La Tim Metal & 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.