National Oxygen Ltd. engages in the manufacture and supply of industrial gases both in liquid and gaseous forms to industries and hospitals. It serves the following sectors: government workshops, space, petrochemical units, steel, pharmaceutical, refrigeration, hospitals, ship making and repairing, and fabrication. The company was founded on December 23, 1974 and is headquartered in Chennai, India.
National Oxygen Dividend Announcement
• National Oxygen announced a annually dividend of ₹1.00 per ordinary share which will be made payable on . Ex dividend date: 2013-09-18
• National Oxygen's trailing twelve-month (TTM) dividend yield is -%
National Oxygen Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-09-18 | ₹1.00 | annually | |
| 2012-05-10 | ₹1.00 | annually | |
| 2011-08-24 | ₹1.00 | annually | |
| 2010-09-07 | ₹1.00 | annually | |
| 2009-09-08 | ₹1.00 | annually | |
| 2008-09-09 | ₹2.00 | annually | |
| 2007-03-23 | ₹2.00 | annually | |
| 2006-09-12 | ₹2.00 | annually | |
| 2005-09-05 | ₹2.00 | annually | |
| 2004-09-02 | ₹1.00 | annually |
National Oxygen Dividend per year
National Oxygen Dividend growth
National Oxygen Dividend Yield
National Oxygen current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing National Oxygen stock? Use our calculator to estimate your expected dividend yield:
National Oxygen Financial Ratios
P/E ratio-16.41
PEG ratio0.28
P/B ratio-64.02
ROE500.67%
Payout ratio0.00%
Current ratio0.85
Quick ratio0.75
Cash Ratio0.05
National Oxygen Dividend FAQ
Does National Oxygen stock pay dividends?
National Oxygen does not currently pay dividends to its shareholders.
Has National Oxygen ever paid a dividend?
No, National Oxygen has no a history of paying dividends to its shareholders. National Oxygen is not known for its dividend payments.
Why doesn't National Oxygen pay dividends?
There are several potential reasons why National Oxygen 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 National Oxygen 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 National Oxygen 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 National Oxygen a dividend aristocrat?
National Oxygen 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 National Oxygen a dividend king?
National Oxygen 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 National Oxygen a dividend stock?
No, National Oxygen 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 National Oxygen stocks?
To buy National Oxygen 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 National Oxygen 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 National Oxygen 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.