Table of Contents

company-logo

MTAR Technologies Limited, a precision engineering solutions company, develops, manufactures, and sells mission-critical precision assemblies and components in India and internationally. It operates through four segments: Civil Nuclear Power, Space & Defence, Clean Energy, and Others. The company offers fuel machining heads, bridges and columns, coolant channel assemblies, drive mechanisms, calandria vault top hatch cover beams and deck plate assemblies, and channel health assessment systems, ball screws, and water lubricated bearings. It also provides rocket engine rotating assemblies, main injector bodies, latchable series redundant valves, pogo command modules, bent bodies, aluminium alloys, bloom energy servers, high precision shafts, and components and assemblies for propulsion for ships. In addition, the company provides base shroud assemblies and air frames, actuators for LCA, electro-pneumatic modules, liquid propulsion engines, cryogenic engines, and power units. The company serves nuclear, space and defense, and clean energy sectors. MTAR Technologies Limited was founded in 1969 and is based in Hyderabad, India.

MTAR Technologies Dividend Announcement

• MTAR Technologies announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2022-03-12. Ex dividend date: 2022-02-21
• MTAR Technologies's trailing twelve-month (TTM) dividend yield is -%

MTAR Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-02-21₹3.00annually2022-03-12
2021-07-22₹3.00annually2021-08-29

MTAR Technologies Dividend per year

MTAR Technologies Dividend Yield

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

MTAR Technologies Financial Ratios

P/E ratio141.84
PEG ratio25.72
P/B ratio7.81
ROE5.71%
Payout ratio0.00%
Current ratio2.42
Quick ratio1.07
Cash Ratio0.00

MTAR Technologies Dividend FAQ

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