Lykis Ltd. is a home and personal care company. The company operates through the following segments: Food, Soap, Cosmetics, Deo & Sprays, and Others. Its brands include Lykis, Britex, Rox, Bonita, Vogly, Tazaagi, Cheers, and Alivio. The company was founded on October 15, 1984 and is headquartered in Mumbai, India.
Lykis Dividend Announcement
• Lykis does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Lykis dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Lykis Dividend History
Lykis Dividend Yield
Lykis current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lykis stock? Use our calculator to estimate your expected dividend yield:
Lykis Financial Ratios
P/E ratio40.10
PEG ratio0.40
P/B ratio2.89
ROE7.53%
Payout ratio0.00%
Current ratio1.30
Quick ratio1.12
Cash Ratio0.06
Lykis Dividend FAQ
Does Lykis stock pay dividends?
Lykis does not currently pay dividends to its shareholders.
Has Lykis ever paid a dividend?
No, Lykis has no a history of paying dividends to its shareholders. Lykis is not known for its dividend payments.
Why doesn't Lykis pay dividends?
There are several potential reasons why Lykis 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 Lykis 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 Lykis 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 Lykis a dividend aristocrat?
Lykis 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 Lykis a dividend king?
Lykis 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 Lykis a dividend stock?
No, Lykis 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 Lykis stocks?
To buy Lykis 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 Lykis 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 Lykis 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.