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Lexus Granito (India) Limited engages in the manufacturing, trading, and marketing of vitrified ceramic tiles and wall tiles under the Lexus brand name in India. The company offers wall, floor, and decorative elevation tiles. It serves homeowners and commercial facilities. The company exports its products to Benin, Dubai, Saudi Arabia, Canada, Guatemala, Hong Kong, Israel, Kenya, Libya, Mauritius, Portugal, Qatar, the Republic of Kosovo, the United Arab Emirates, Taiwan, Thailand, the United Kingdom, Sultanate of Oman, the United States of America, Uzbekistan, Yemen, etc. Lexus Granito (India) Limited was founded in 2007 and is based in Rajkot, India.

Lexus Granito Dividend Announcement

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

Lexus Granito Dividend History

Lexus Granito Dividend Yield

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

Lexus Granito Financial Ratios

P/E ratio-5.15
PEG ratio-0.05
P/B ratio9.33
ROE-133.93%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Lexus Granito Dividend FAQ

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