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Libas Consumer Products Limited engages in the process of fabrication of fabric into garments and other products in India. The company offers western contemporary and ethnic Indian men's and women's wear, which cover business suits, shirts, trousers, sherwanis, indo-westerns, kurtas, designer wedding suits, and formal shirts and trousers; and men and women formal shoes and accessories. It markets its products under the LIBAS RIYAZ GANGJI and LIBAS reshma riyaz gangji brands. The company offers its products through its retail stores, Shoppers Shop, online retailers, and website. The company was formerly known as Libas Designs Limited and changed its name to Libas Consumer Products Limited in November 2020. Libas Consumer Products Limited was founded in 1995 and is based in Mumbai, India.

Libas Consumer Products Dividend Announcement

• Libas Consumer Products announced a annually dividend of ₹0.08 per ordinary share which will be made payable on 2021-10-14. Ex dividend date: 2021-09-06
• Libas Consumer Products's trailing twelve-month (TTM) dividend yield is -%

Libas Consumer Products Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-09-06₹0.08annually2021-10-14
2020-09-22₹0.20annually2020-10-30

Libas Consumer Products Dividend per year

Libas Consumer Products Dividend Yield

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

Libas Consumer Products Financial Ratios

P/E ratio5.10
PEG ratio0.03
P/B ratio0.60
ROE12.10%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Libas Consumer Products Dividend FAQ

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