Next Mediaworks Limited, through its subsidiary, engages in radio broadcasting in India. It operates FM stations under the Radio One brand in Delhi, Mumbai, Chennai, Kolkata, Bangalore, Pune, and Ahmedabad. The company was formerly known as Mid-Day Multimedia Limited and changed its name to Next Mediaworks Limited in April 2011. Next Mediaworks Limited was incorporated in 1981 and is based in Mumbai, India. Next Mediaworks Limited is a subsidiary of HT Media Limited.
Next Mediaworks Dividend Announcement
• Next Mediaworks announced a annually dividend of ₹1.00 per ordinary share which will be made payable on . Ex dividend date: 2002-07-01
• Next Mediaworks's trailing twelve-month (TTM) dividend yield is -%
Next Mediaworks Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2002-07-01 | ₹1.00 | annually |
Next Mediaworks Dividend per year
Next Mediaworks Dividend Yield
Next Mediaworks current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Next Mediaworks stock? Use our calculator to estimate your expected dividend yield:
Next Mediaworks Financial Ratios
Next Mediaworks Dividend FAQ
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.
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