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Last Mile Enterprises Ltd. engages in the provision of financial intermediation services. The company was founded on September 5, 1994 and is headquartered in Ahmedabad, India.

LAST MILE ENTERPRISES Dividend Announcement

LAST MILE ENTERPRISES announced a annually dividend of ₹0.25 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-09-20
LAST MILE ENTERPRISES annual dividend for 2024 was ₹0.25
LAST MILE ENTERPRISES annual dividend for 2023 was ₹0.25
LAST MILE ENTERPRISES's trailing twelve-month (TTM) dividend yield is 0.05%

LAST MILE ENTERPRISES Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-20₹0.25annually2024-10-03
2023-09-22₹0.25annually2023-10-30

LAST MILE ENTERPRISES Dividend per year

LAST MILE ENTERPRISES Dividend Yield

LAST MILE ENTERPRISES current trailing twelve-month (TTM) dividend yield is 0.05%. Interested in purchasing LAST MILE ENTERPRISES stock? Use our calculator to estimate your expected dividend yield:

LAST MILE ENTERPRISES Financial Ratios

P/E ratio195.39
PEG ratio0.05
P/B ratio3.73
ROE4.66%
Payout ratio0.00%
Current ratio9.66
Quick ratio9.14
Cash Ratio0.48

LAST MILE ENTERPRISES Dividend FAQ

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