Melstar Information Technologies Limited, a software services company, provides various information technology (IT) solutions primarily to banking, insurance, government, education, healthcare, and IT sectors in India and internationally. It offers application development services; application management, maintenance, and support services; packaged application services, including consulting, implementation, application maintenance and support, upgrades, and testing in the areas of enterprise resource planning; testing and applications modernization services; and other technology services. In addition, the company provides man power supply services. Melstar Information Technologies Limited was incorporated in 1986 and is based in Mumbai, India.
Melstar Information Technologies Dividend Announcement
• Melstar Information Technologies announced a annually dividend of ₹1.20 per ordinary share which will be made payable on 2001-08-01. Ex dividend date: 2001-07-09
• Melstar Information Technologies's trailing twelve-month (TTM) dividend yield is -%
Melstar Information Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2001-07-09 | ₹1.20 | annually | 2001-08-01 |
Melstar Information Technologies Dividend per year
Melstar Information Technologies Dividend Yield
Melstar Information Technologies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Melstar Information Technologies stock? Use our calculator to estimate your expected dividend yield:
Melstar Information Technologies Financial Ratios
Melstar Information Technologies Dividend FAQ
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.
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