Northern Spirits Ltd. engages in the import and distribution of alcoholic beverages. It offers products through the following brands: PernodRicard, Bacardi, Carlsberg, William Grants, Brown Forman, Campari India, and ABINBEV. The company was founded on September 13, 2012 and is headquartered in Kolkota, India.
Northern Spirits Dividend Announcement
• Northern Spirits announced a annually dividend of ₹0.25 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-20
• Northern Spirits annual dividend for 2024 was ₹0.25
• Northern Spirits's trailing twelve-month (TTM) dividend yield is 0.13%
Northern Spirits Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-20 | ₹0.25 | annually | 2024-10-28 |
Northern Spirits Dividend per year
Northern Spirits Dividend Yield
Northern Spirits current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing Northern Spirits stock? Use our calculator to estimate your expected dividend yield:
Northern Spirits Financial Ratios
P/E ratio0.00
PEG ratio0.00
P/B ratio0.00
ROE0.00%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Northern Spirits Dividend FAQ
Does Northern Spirits stock pay dividends?
Northern Spirits does not currently pay dividends to its shareholders.
Has Northern Spirits ever paid a dividend?
No, Northern Spirits has no a history of paying dividends to its shareholders. Northern Spirits is not known for its dividend payments.
Why doesn't Northern Spirits pay dividends?
There are several potential reasons why Northern Spirits 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.
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 Northern Spirits 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 Northern Spirits 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 Northern Spirits a dividend aristocrat?
Northern Spirits 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 Northern Spirits a dividend king?
Northern Spirits 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 Northern Spirits a dividend stock?
No, Northern Spirits 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 Northern Spirits stocks?
To buy Northern Spirits 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 Northern Spirits 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.
Place an order: Use the brokerage's trading platform to place an order to buy Northern Spirits 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.