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Netweb Technologies India Limited designs, manufactures, and sells high-end computing solutions (HCS) in India. The company offers supercomputing systems; private cloud and hyperconverged infrastructure (HCI); artificial intelligence (AI) systems and enterprise workstations; high performance storage solutions; data center servers; and software and services. It sells its products under the Tyrone brand name. The company serves information technology, information technology enabled services, entertainment and media, banking, financial and insurance, national data centers, defense, education, and research development institutions. Netweb Technologies India Limited was incorporated in 1999 and is based in Faridabad, India.

Netweb Technologies India Dividend Announcement

Netweb Technologies India announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-09-14. Ex dividend date: 2024-08-09
Netweb Technologies India annual dividend for 2024 was ₹2.00
Netweb Technologies India's trailing twelve-month (TTM) dividend yield is 0.08%

Netweb Technologies India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-09₹2.00annually2024-09-14

Netweb Technologies India Dividend per year

Netweb Technologies India Dividend Yield

Netweb Technologies India current trailing twelve-month (TTM) dividend yield is 0.08%. Interested in purchasing Netweb Technologies India stock? Use our calculator to estimate your expected dividend yield:

Netweb Technologies India Financial Ratios

P/E ratio159.74
PEG ratio1.46
P/B ratio32.59
ROE21.71%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Netweb Technologies India Dividend FAQ

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