Mafia Trends Ltd. engages in marketing and selling men's and kids fashion clothes through a chain of clothing stores. It offers jeans, T-shirts, shirts, chinos, formal trousers, and formal shirts under the brand name Mafia. The company was founded in 2008 and is headquartered in Ahmedabad, India.
MAFIA TRENDS Dividend Announcement
• MAFIA TRENDS announced a annually dividend of ₹0.10 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-03
• MAFIA TRENDS annual dividend for 2024 was ₹0.10
• MAFIA TRENDS's trailing twelve-month (TTM) dividend yield is 0.63%
MAFIA TRENDS Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-03 | ₹0.10 | annually | 2024-05-22 |
MAFIA TRENDS Dividend per year
MAFIA TRENDS Dividend Yield
MAFIA TRENDS current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing MAFIA TRENDS stock? Use our calculator to estimate your expected dividend yield:
MAFIA TRENDS Financial Ratios
P/E ratio21.26
PEG ratio0.50
P/B ratio0.93
ROE4.46%
Payout ratio0.00%
Current ratio2.00
Quick ratio0.71
Cash Ratio0.36
MAFIA TRENDS Dividend FAQ
Does MAFIA TRENDS stock pay dividends?
MAFIA TRENDS does not currently pay dividends to its shareholders.
Has MAFIA TRENDS ever paid a dividend?
No, MAFIA TRENDS has no a history of paying dividends to its shareholders. MAFIA TRENDS is not known for its dividend payments.
Why doesn't MAFIA TRENDS pay dividends?
There are several potential reasons why MAFIA TRENDS 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 MAFIA TRENDS 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 MAFIA TRENDS 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 MAFIA TRENDS a dividend aristocrat?
MAFIA TRENDS 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 MAFIA TRENDS a dividend king?
MAFIA TRENDS 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 MAFIA TRENDS a dividend stock?
No, MAFIA TRENDS 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 MAFIA TRENDS stocks?
To buy MAFIA TRENDS 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 MAFIA TRENDS 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 MAFIA TRENDS 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.