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Nureca Limited, a B2C company, engages in the home healthcare and wellness products business in India. It offers chronic disease products, such as nebulizers, blood pressure monitors, finger pulse oximeter, glucose meter, and thermometer; orthopedic products, including massagers, pain monitors, posture correctors, and rehabilitation products; and humidifiers and steamers, personal scales, yoga and exercise, fitness tracking, and dental and personal care products. The company also provides mother and baby care products comprising baby feeding, carry cots, baby skincare, and bottle warmers and steamers; nutritional supplements and weight management products; and ECG, fitness tracker, and smart weighing scale products. Nureca Limited offers its products under Dr Trust, Dr Physio, and Trumom brands. The company sells its products through third party e-commerce players, distributors, and retailers; and through its website, drtrust.in. Nureca Limited was incorporated in 2016 and is based in Chandigarh, India.

Nureca Dividend Announcement

Nureca announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2022-03-14. Ex dividend date: 2022-02-24
Nureca's trailing twelve-month (TTM) dividend yield is -%

Nureca Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-02-24₹3.00annually2022-03-14
2021-09-21₹2.00annually2021-10-28

Nureca Dividend per year

Nureca Dividend Yield

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

Nureca Financial Ratios

P/E ratio-103.91
PEG ratio0.58
P/B ratio1.50
ROE-1.44%
Payout ratio0.00%
Current ratio11.75
Quick ratio10.07
Cash Ratio1.46

Nureca Dividend FAQ

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