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NGL Fine-Chem Limited manufactures and sells pharmaceuticals and intermediates for use in veterinary and human health worldwide. It offers active pharmaceutical ingredients, such as diminazene aceturate, diminazene diaceturate, homidium chloride, nitroxynil, clorsulon, parvaquone, buparvaquone, isometamidium chloride hydrochloride, toldimfos sodium, butaphosphan, imidocarb dipropionate, triclabendazole, ractopamine HCl, S-methoprene, praziquantel, toltrazuril, decoquinate, flunixin meglumine, carprofen, fenbendazole, amitraz, and marbofloxacin for animal health applications; and nitazoxanide, atovaquone, and ranolazine for human health applications. The company also provides various intermediate products; and finished dosage forms in granules and tablets. NGL Fine-Chem Limited was incorporated in 1981 and is based in Mumbai, India.

NGL Fine-Chem Dividend Announcement

• NGL Fine-Chem announced a annually dividend of ₹1.75 per ordinary share which will be made payable on 2024-09-22. Ex dividend date: 2024-08-16
• NGL Fine-Chem annual dividend for 2024 was ₹1.75
• NGL Fine-Chem annual dividend for 2023 was ₹1.75
• NGL Fine-Chem's trailing twelve-month (TTM) dividend yield is 0.09%

NGL Fine-Chem Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-16₹1.75annually2024-09-22
2023-08-18₹1.75annually2023-09-24

NGL Fine-Chem Dividend per year

NGL Fine-Chem Dividend Yield

NGL Fine-Chem current trailing twelve-month (TTM) dividend yield is 0.09%. Interested in purchasing NGL Fine-Chem stock? Use our calculator to estimate your expected dividend yield:

NGL Fine-Chem Financial Ratios

P/E ratio29.55
PEG ratio0.11
P/B ratio4.73
ROE16.67%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

NGL Fine-Chem Dividend FAQ

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