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Nettlinx Ltd. is an Internet infrastructure company, which operates as an Internet, ITSP and call centre services provider. It provides network solutions, such as Internet bandwidth, web designing, web hosting, network management, data centre, co-location, Internet telephony, network consultancy, and facility management services. The company was founded on January 14, 1999 and is headquartered in Hyderabad, India.

Nettlinx Dividend Announcement

Nettlinx announced a annually dividend of ₹0.40 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-17
Nettlinx annual dividend for 2024 was ₹0.40
Nettlinx annual dividend for 2023 was ₹0.40
Nettlinx's trailing twelve-month (TTM) dividend yield is 0.5%

Nettlinx Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-17₹0.40annually2024-10-25
2023-03-17₹0.40annually2023-04-05

Nettlinx Dividend per year

Nettlinx Dividend Yield

Nettlinx current trailing twelve-month (TTM) dividend yield is 0.5%. Interested in purchasing Nettlinx stock? Use our calculator to estimate your expected dividend yield:

Nettlinx Financial Ratios

P/E ratio30.33
PEG ratio0.28
P/B ratio3.74
ROE11.98%
Payout ratio0.00%
Current ratio1.49
Quick ratio1.37
Cash Ratio0.05

Nettlinx Dividend FAQ

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