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Madras Fertilizers Limited manufactures and sells fertilizers in India. It operates in two segments, Fertilizers and Other Activities. The company offers ammonia, urea, and complex fertilizers; biofertilizers; organic fertilizers; and agrochemicals under the VIJAY brand. Its chemical fertilizers include VIJAY Urea, a nitrogenous fertilizer for various crops and soil types; VIJAY complexes, which are granulated fertilizers consisting of nitrogen, phosphorous, and potash; and VIJAY 17:17:17 for early growth and vegetative phases of various crops. The company also provides bio-fertilizers, such as Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phospho Bacteria and NP Bio for various crops. In addition, the company markets neem-based pesticides under the VIJAY NEEM brand name. It markets its products through a network of approximately 5785 dealers, co-operative marketing federations, Agro industries corporations, and other institutions. Madras Fertilizers Limited was incorporated in 1966 and is headquartered in Chennai, India.

Madras Fertilizers Dividend Announcement

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

Madras Fertilizers Dividend History

Madras Fertilizers Dividend Yield

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

Madras Fertilizers Financial Ratios

P/E ratio19.04
PEG ratio1.12
P/B ratio-8.07
ROE-45.64%
Payout ratio0.00%
Current ratio0.63
Quick ratio0.53
Cash Ratio0.28

Madras Fertilizers Dividend FAQ

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