Multipurpose Trading & Agencies Ltd. engages in the business of real estate activities and trading of shares, commodities or others. The company was founded on January 15, 1979 and is headquartered in New Delhi, India.
• Multipurpose Trading andencies does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments. • Stay tuned for updates on Multipurpose Trading andencies dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Multipurpose Trading andencies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Multipurpose Trading andencies stock? Use our calculator to estimate your expected dividend yield:
Multipurpose Trading andencies Financial Ratios
P/E ratio26.90
PEG ratio4.79
P/B ratio1.05
ROE3.94%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Multipurpose Trading andencies Dividend FAQ
Does Multipurpose Trading andencies stock pay dividends?
Multipurpose Trading andencies does not currently pay dividends to its shareholders.
Has Multipurpose Trading andencies ever paid a dividend?
No, Multipurpose Trading andencies has no a history of paying dividends to its shareholders. Multipurpose Trading andencies is not known for its dividend payments.
There are several potential reasons why Multipurpose Trading andencies 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 Multipurpose Trading andencies 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 Multipurpose Trading andencies 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 Multipurpose Trading andencies a dividend aristocrat?
Multipurpose Trading andencies 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 Multipurpose Trading andencies a dividend king?
Multipurpose Trading andencies 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 Multipurpose Trading andencies a dividend stock?
No, Multipurpose Trading andencies 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 Multipurpose Trading andencies stocks?
To buy Multipurpose Trading andencies 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 Multipurpose Trading andencies 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.