Mittal Life Style Limited primarily supplies bottom weight fabrics and denims in India. It offers fashion fabrics, cotton canvas denims, dupion bottom fabrics, polyester fabrics, cotton fabrics, knit fabrics, etc. to the textile industry. Mittal Life Style Limited was incorporated in 2005 and is based in Mumbai, India.
Mittal Life Style Dividend Announcement
• Mittal Life Style announced a semi annually dividend of ₹9.17 per ordinary share which will be made payable on 2018-12-12. Ex dividend date: 2018-12-10
• Mittal Life Style's trailing twelve-month (TTM) dividend yield is -%
Mittal Life Style Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2018-12-10 | ₹9.17 | semi annually | 2018-12-12 |
| 2018-12-03 | ₹0.46 | semi annually |
Mittal Life Style Dividend per year
Mittal Life Style Dividend Yield
Mittal Life Style current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Mittal Life Style stock? Use our calculator to estimate your expected dividend yield:
Mittal Life Style Financial Ratios
P/E ratio23.28
PEG ratio0.25
P/B ratio1.86
ROE10.90%
Payout ratio0.00%
Current ratio2.61
Quick ratio2.42
Cash Ratio0.07
Mittal Life Style Dividend FAQ
Does Mittal Life Style stock pay dividends?
Mittal Life Style does not currently pay dividends to its shareholders.
Has Mittal Life Style ever paid a dividend?
No, Mittal Life Style has no a history of paying dividends to its shareholders. Mittal Life Style is not known for its dividend payments.
Why doesn't Mittal Life Style pay dividends?
There are several potential reasons why Mittal Life Style 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 Mittal Life Style 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 Mittal Life Style 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 Mittal Life Style a dividend aristocrat?
Mittal Life Style 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 Mittal Life Style a dividend king?
Mittal Life Style 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 Mittal Life Style a dividend stock?
No, Mittal Life Style 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 Mittal Life Style stocks?
To buy Mittal Life Style 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 Mittal Life Style 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 Mittal Life Style 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.