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North Eastern Carrying Corporation Limited provides transportation and logistics services in India, Nepal, Bhutan, and Bangladesh. The company small parcels, as well as full truck load, project, and over dimensional consignments. It also offers containerized movement of cargo, packing and moving, warehousing, and third party logistics and storage facilities. The company operates through a network of approximately 250 branches. North Eastern Carrying Corporation Limited was incorporated in 1984 and is based in Delhi, India.

North Eastern Carrying Dividend Announcement

North Eastern Carrying does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on North Eastern Carrying dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

North Eastern Carrying Dividend History

North Eastern Carrying Dividend Yield

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

North Eastern Carrying Financial Ratios

P/E ratio28.11
PEG ratio0.28
P/B ratio1.56
ROE6.35%
Payout ratio0.00%
Current ratio3.55
Quick ratio3.55
Cash Ratio0.14

North Eastern Carrying Dividend FAQ

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