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Mufin Green Finance Limited operates as a non-deposit taking non-banking financial company in India. It offers various loans for electric vehicles, electric charging infrastructure, and swappable batteries. The company also provides operating or financial lease to fleet operators for the vehicles owned by the company. In addition, it is involved in the investment activities. The company was formerly known as APM Finvest Limited. Mufin Green Finance Limited was incorporated in 2016 and is based in Delhi, India.

Mufin Green Finance Dividend Announcement

Mufin Green Finance announced a annually dividend of ₹0.03 per ordinary share which will be made payable on 2022-10-28. Ex dividend date: 2022-09-20
Mufin Green Finance's trailing twelve-month (TTM) dividend yield is -%

Mufin Green Finance Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-09-20₹0.03annually2022-10-28

Mufin Green Finance Dividend per year

Mufin Green Finance Dividend Yield

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

Mufin Green Finance Financial Ratios

P/E ratio101.77
PEG ratio1.02
P/B ratio7.32
ROE8.21%
Payout ratio0.00%
Current ratio2110.69
Quick ratio2110.69
Cash Ratio79.21

Mufin Green Finance Dividend FAQ

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