Loyal Equipments Ltd. engages in the manufacture and supply of process equipment. Its product range includes pressure vessels, shell and tube heat exhanger, finned tubes, air cooled heat exhanger, compressor and auxilliaries skid packaging, and cooling water console-gas compressor. The company was founded on April 20, 2007 and is headquartered in Dahegam, India.
Loyal Equipments Dividend Announcement
• Loyal Equipments announced a annually dividend of ₹0.50 per ordinary share which will be made payable on . Ex dividend date: 2016-08-16
• Loyal Equipments's trailing twelve-month (TTM) dividend yield is -%
Loyal Equipments Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2016-08-16 | ₹0.50 | annually |
Loyal Equipments Dividend per year
Loyal Equipments Dividend Yield
Loyal Equipments current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Loyal Equipments stock? Use our calculator to estimate your expected dividend yield:
Loyal Equipments Financial Ratios
P/E ratio28.21
PEG ratio-4.05
P/B ratio7.92
ROE32.28%
Payout ratio0.00%
Current ratio2.37
Quick ratio0.93
Cash Ratio0.25
Loyal Equipments Dividend FAQ
Does Loyal Equipments stock pay dividends?
Loyal Equipments does not currently pay dividends to its shareholders.
Has Loyal Equipments ever paid a dividend?
No, Loyal Equipments has no a history of paying dividends to its shareholders. Loyal Equipments is not known for its dividend payments.
Why doesn't Loyal Equipments pay dividends?
There are several potential reasons why Loyal Equipments 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 Loyal Equipments 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 Loyal Equipments 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 Loyal Equipments a dividend aristocrat?
Loyal Equipments 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 Loyal Equipments a dividend king?
Loyal Equipments 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 Loyal Equipments a dividend stock?
No, Loyal Equipments 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 Loyal Equipments stocks?
To buy Loyal Equipments 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 Loyal Equipments 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 Loyal Equipments 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.