Mangalam Drugs & Organics Limited manufactures and sells drugs, medicines, and allied products in India and internationally. It offers a range of active pharmaceutical ingredients, intermediates, and specialty chemicals, as well as impurities for use in anti-malarial, analgesic/anti-inflammatory, anti-hypertensive, and anti-retroviral applications. The company was incorporated in 1972 and is based in Mumbai, India.
Mangalam Drugs & Organics Dividend Announcement
• Mangalam Drugs & Organics announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2017-12-29. Ex dividend date: 2017-12-21
• Mangalam Drugs & Organics's trailing twelve-month (TTM) dividend yield is -%
Mangalam Drugs & Organics Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-12-21 | ₹0.50 | annually | 2017-12-29 |
| 2011-09-20 | ₹2.00 | annually | |
| 2006-09-19 | ₹0.20 | annually | |
| 2005-08-30 | ₹0.20 | annually |
Mangalam Drugs & Organics Dividend per year
Mangalam Drugs & Organics Dividend Yield
Mangalam Drugs & Organics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Mangalam Drugs & Organics stock? Use our calculator to estimate your expected dividend yield:
Mangalam Drugs & Organics Financial Ratios
P/E ratio20.28
PEG ratio0.73
P/B ratio1.29
ROE6.81%
Payout ratio0.00%
Current ratio1.04
Quick ratio0.30
Cash Ratio0.03
Mangalam Drugs & Organics Dividend FAQ
Does Mangalam Drugs & Organics stock pay dividends?
Mangalam Drugs & Organics does not currently pay dividends to its shareholders.
Has Mangalam Drugs & Organics ever paid a dividend?
No, Mangalam Drugs & Organics has no a history of paying dividends to its shareholders. Mangalam Drugs & Organics is not known for its dividend payments.
Why doesn't Mangalam Drugs & Organics pay dividends?
There are several potential reasons why Mangalam Drugs & Organics 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 Mangalam Drugs & Organics 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 Mangalam Drugs & Organics 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 Mangalam Drugs & Organics a dividend aristocrat?
Mangalam Drugs & Organics 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 Mangalam Drugs & Organics a dividend king?
Mangalam Drugs & Organics 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 Mangalam Drugs & Organics a dividend stock?
No, Mangalam Drugs & Organics 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 Mangalam Drugs & Organics stocks?
To buy Mangalam Drugs & Organics 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 Mangalam Drugs & Organics 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 Mangalam Drugs & Organics 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.