Nalin Lease Finance Ltd. engages in the provision of financial services for auto vehicles. Its services include gold loans and vehicle loans. The company was founded on October 11, 1990 and is headquartered in Himatnagar, India.
NALIN LEASE FINANCE Dividend Announcement
• NALIN LEASE FINANCE announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2021-10-07. Ex dividend date: 2021-08-30
• NALIN LEASE FINANCE's trailing twelve-month (TTM) dividend yield is -%
NALIN LEASE FINANCE Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-08-30 | ₹0.50 | annually | 2021-10-07 |
NALIN LEASE FINANCE Dividend per year
NALIN LEASE FINANCE Dividend Yield
NALIN LEASE FINANCE current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing NALIN LEASE FINANCE stock? Use our calculator to estimate your expected dividend yield:
NALIN LEASE FINANCE Financial Ratios
P/E ratio11.31
PEG ratio1.40
P/B ratio1.55
ROE28.40%
Payout ratio0.00%
Current ratio0.01
Quick ratio0.00
Cash Ratio0.09
NALIN LEASE FINANCE Dividend FAQ
Does NALIN LEASE FINANCE stock pay dividends?
NALIN LEASE FINANCE does not currently pay dividends to its shareholders.
Has NALIN LEASE FINANCE ever paid a dividend?
No, NALIN LEASE FINANCE has no a history of paying dividends to its shareholders. NALIN LEASE FINANCE is not known for its dividend payments.
Why doesn't NALIN LEASE FINANCE pay dividends?
There are several potential reasons why NALIN LEASE 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.
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 NALIN LEASE 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 NALIN LEASE 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 NALIN LEASE FINANCE a dividend aristocrat?
NALIN LEASE 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 NALIN LEASE FINANCE a dividend king?
NALIN LEASE 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 NALIN LEASE FINANCE a dividend stock?
No, NALIN LEASE 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 NALIN LEASE FINANCE stocks?
To buy NALIN LEASE 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 NALIN LEASE 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.
Place an order: Use the brokerage's trading platform to place an order to buy NALIN LEASE 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.