Lime Chemicals Ltd. engages in the manufacturing and marketing of calcium carbonate. Its products are used in plastic, rubber, paint, printing ink, food and beverages, paper, pharmaceutical, and cosmetic industry. The company was founded on October 17, 1970 and is headquartered in Mumbai, India.
Lime Chemicals Dividend Announcement
• Lime Chemicals announced a annually dividend of ₹1.20 per ordinary share which will be made payable on . Ex dividend date: 2006-09-25
• Lime Chemicals's trailing twelve-month (TTM) dividend yield is -%
Lime Chemicals Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2006-09-25 | ₹1.20 | annually | |
| 2005-09-21 | ₹1.20 | annually |
Lime Chemicals Dividend per year
Lime Chemicals Dividend Yield
Lime Chemicals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lime Chemicals stock? Use our calculator to estimate your expected dividend yield:
Lime Chemicals Financial Ratios
P/E ratio-164.95
PEG ratio-11.36
P/B ratio6.86
ROE-5.44%
Payout ratio0.00%
Current ratio0.49
Quick ratio0.47
Cash Ratio0.02
Lime Chemicals Dividend FAQ
Does Lime Chemicals stock pay dividends?
Lime Chemicals does not currently pay dividends to its shareholders.
Has Lime Chemicals ever paid a dividend?
No, Lime Chemicals has no a history of paying dividends to its shareholders. Lime Chemicals is not known for its dividend payments.
Why doesn't Lime Chemicals pay dividends?
There are several potential reasons why Lime Chemicals 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 Lime Chemicals 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 Lime Chemicals 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 Lime Chemicals a dividend aristocrat?
Lime Chemicals 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 Lime Chemicals a dividend king?
Lime Chemicals 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 Lime Chemicals a dividend stock?
No, Lime Chemicals 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 Lime Chemicals stocks?
To buy Lime Chemicals 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 Lime Chemicals 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 Lime Chemicals 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.