MITCON Consultancy & Engineering Services Limited provides consultancy and engineering services for small and medium enterprises, corporates, banks, financial institutions, and government organizations in India. The company operates through Consultancy and Training, Project Services, and Wind Power Generation segments. It offers technical, financial, and engineering services to decentralized power generation projects; energy and carbon services; and environment management and engineering services. The company also provides project design, engineering, and project management services; and technical and financial consultancy services primarily to public, private, and cooperative sector banks. In addition, it offers solutions from concept to commissioning to textiles projects, as well as industrial clusters and infrastructure development; and solutions for agriculture, livestock, food, and biotechnology and pharmaceutical sectors, as well as consultancy and legal support services related to securitization and financial restructuring for the banks and financial institutions. Further, the company provides vocational and entrepreneurship development training, and counseling; CSR and skill development training services; and IT based training courses, as well as generates power from wind energy. The company was formerly known as MITCON Consultancy Services Limited and changed its name to MITCON Consultancy & Engineering Services Limited in October 2010. MITCON Consultancy & Engineering Services Limited was incorporated in 1982 and is headquartered in Pune, India.
MITCON Consultancy & Engineering Services Dividend Announcement
• MITCON Consultancy & Engineering Services announced a annually dividend of ₹0.20 per ordinary share which will be made payable on . Ex dividend date: 2021-08-05
• MITCON Consultancy & Engineering Services's trailing twelve-month (TTM) dividend yield is -%
MITCON Consultancy & Engineering Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-08-05 | ₹0.20 | annually | |
| 2020-09-21 | ₹0.20 | annually | |
| 2019-07-08 | ₹1.00 | annually | |
| 2018-08-23 | ₹1.00 | annually | |
| 2017-08-16 | ₹1.00 | annually |
MITCON Consultancy & Engineering Services Dividend per year
MITCON Consultancy & Engineering Services Dividend growth
MITCON Consultancy & Engineering Services Dividend Yield
MITCON Consultancy & Engineering Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing MITCON Consultancy & Engineering Services stock? Use our calculator to estimate your expected dividend yield:
MITCON Consultancy & Engineering Services Financial Ratios
MITCON Consultancy & Engineering Services 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.
Place an order: Use the brokerage's trading platform to place an order to buy MITCON Consultancy & Engineering Services 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.