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Mangalam Organics Limited manufactures, supplies, and exports terpene chemicals and synthetic resins in India. It operates through Terpene Operations and Synthetic Resin Operations segment. The company offers terpene products, including camphor, camphene, isobornyl acetate, Isoborneol, dipentene, sodium acetate trihydrate, camphor oil, pine oil, and pine tar; resin products, such as terpene phenolic and alkyl phenolic resins, penta ester gums, and glycerol ester gums, as well as gum rosins; and camphor tablets. Its camphor products have application in household usage offered under Mangalam brand name; and other chemical products are used in the adhesives, tires, rubber, chewing gums, and printing ink industries. The company was formerly known as Dujodwala Products Limited and changed its name to Mangalam Organics Limited in October 2013. Mangalam Organics Limited was incorporated in 1981 and is headquartered in Mumbai, India.

Mangalam Organics Dividend Announcement

• Mangalam Organics announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2022-10-28. Ex dividend date: 2022-09-20
• Mangalam Organics's trailing twelve-month (TTM) dividend yield is -%

Mangalam Organics Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-09-20₹1.50annually2022-10-28

Mangalam Organics Dividend per year

Mangalam Organics Dividend Yield

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

Mangalam Organics Financial Ratios

P/E ratio78.59
PEG ratio-3289.71
P/B ratio1.58
ROE2.03%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Mangalam Organics Dividend FAQ

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