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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 dateDividend amountDividend typePay date
2002-07-01₹1.00annually

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

P/E ratio-2.07
PEG ratio-0.62
P/B ratio-0.32
ROE20.93%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Next Mediaworks Dividend FAQ

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