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Laxmi Goldorna House Limited, a real estate company, engages in the construction of commercial and residential projects in India. It is involved in the manufacturing and trading of gold jewelry and ornaments, including gold jewelry with or without studded precious and semi-precious stones, as well as diamond jewelry. Laxmi Goldorna House Limited was incorporated in 2010 and is based in Ahmedabad, India.

Laxmi Goldorna House Dividend Announcement

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

Laxmi Goldorna House Dividend History

Laxmi Goldorna House Dividend Yield

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

Laxmi Goldorna House Financial Ratios

P/E ratio45.49
PEG ratio0.76
P/B ratio12.51
ROE32.75%
Payout ratio0.00%
Current ratio6.81
Quick ratio2.99
Cash Ratio0.03

Laxmi Goldorna House Dividend FAQ

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