Lerthai Finance Ltd. engages in the activities relating to production, manufacture or trade refractories of all kind and bricks of all types. The company was founded on November 2, 1979 and is headquartered in Bangalore, India.
LERTHAI FINANCE Dividend Announcement
• LERTHAI FINANCE does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on LERTHAI FINANCE dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
LERTHAI FINANCE Dividend History
LERTHAI FINANCE Dividend Yield
LERTHAI FINANCE current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing LERTHAI FINANCE stock? Use our calculator to estimate your expected dividend yield:
LERTHAI FINANCE Financial Ratios
P/E ratio46.54
PEG ratio4.47
P/B ratio3.39
ROE7.57%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
LERTHAI FINANCE Dividend FAQ
Does LERTHAI FINANCE stock pay dividends?
LERTHAI FINANCE does not currently pay dividends to its shareholders.
Has LERTHAI FINANCE ever paid a dividend?
No, LERTHAI FINANCE has no a history of paying dividends to its shareholders. LERTHAI FINANCE is not known for its dividend payments.
Why doesn't LERTHAI FINANCE pay dividends?
There are several potential reasons why LERTHAI FINANCE 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 LERTHAI FINANCE 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 LERTHAI FINANCE 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 LERTHAI FINANCE a dividend aristocrat?
LERTHAI FINANCE 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 LERTHAI FINANCE a dividend king?
LERTHAI FINANCE 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 LERTHAI FINANCE a dividend stock?
No, LERTHAI FINANCE 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 LERTHAI FINANCE stocks?
To buy LERTHAI FINANCE 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 LERTHAI FINANCE 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 LERTHAI FINANCE 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.