Manomay Tex India Ltd. engages in the provision of textile business. It engages in the manufacture and sales of ready to stitch fabrics which involves winding of yarn, and weaving, as well as dispatch of garment. The company was founded by Kailashchandra Hiralal Laddh in 1978 and is headquartered in Bhilwara, India.
Manomay Tex India Dividend Announcement
• Manomay Tex India does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Manomay Tex India dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Manomay Tex India Dividend History
Manomay Tex India Dividend Yield
Manomay Tex India current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Manomay Tex India stock? Use our calculator to estimate your expected dividend yield:
Manomay Tex India Financial Ratios
P/E ratio19.74
PEG ratio1.58
P/B ratio2.53
ROE13.75%
Payout ratio0.00%
Current ratio1.38
Quick ratio0.69
Cash Ratio0.00
Manomay Tex India Dividend FAQ
Does Manomay Tex India stock pay dividends?
Manomay Tex India does not currently pay dividends to its shareholders.
Has Manomay Tex India ever paid a dividend?
No, Manomay Tex India has no a history of paying dividends to its shareholders. Manomay Tex India is not known for its dividend payments.
Why doesn't Manomay Tex India pay dividends?
There are several potential reasons why Manomay Tex India 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 Manomay Tex India 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 Manomay Tex India 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 Manomay Tex India a dividend aristocrat?
Manomay Tex India 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 Manomay Tex India a dividend king?
Manomay Tex India 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 Manomay Tex India a dividend stock?
No, Manomay Tex India 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 Manomay Tex India stocks?
To buy Manomay Tex India 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 Manomay Tex India 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 Manomay Tex India 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.