Table of Contents

company-logo

Narmada Agrobase Limited manufactures and sells cotton seeds and cattle feeds in India. The company offers cotton seed meal cakes, cotton seed meal grinders, cotton seed hulls, delinted cotton seeds, guar meals, soya bean meals, and organic fertilizers. Its products are used for fertilizers and animal feed. The company also provides by-products, such as cotton linters for use in various industries, including furniture, paper, yarns, absorbent cotton, etc. It offers its products under the Churma and Gaay Chhaap Narmada Pashu Aahar brands. The company also exports its products. Narmada Agrobase Limited was incorporated in 2013 and is based in Ahmedabad, India.

Narmadarobase Dividend Announcement

• Narmadarobase announced a annually dividend of ₹0.08 per ordinary share which will be made payable on 2019-10-25. Ex dividend date: 2019-09-18
• Narmadarobase's trailing twelve-month (TTM) dividend yield is -%

Narmadarobase Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-09-18₹0.08annually2019-10-25

Narmadarobase Dividend per year

Narmadarobase Dividend Yield

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

Narmadarobase Financial Ratios

P/E ratio20.68
PEG ratio0.78
P/B ratio3.28
ROE17.63%
Payout ratio0.00%
Current ratio2.25
Quick ratio1.15
Cash Ratio0.04

Narmadarobase Dividend FAQ

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