OK Play India Ltd. engages in the manufacture and sale of plastic molded products. It offers toys, school furniture, playground equipment, point-of-purchase, automotive, infrastructure, and industrial products. The company was founded by Tilak Raj Handa on August 19, 1988 and is headquartered in New Delhi, India.
OK Play India Dividend Announcement
• OK Play India does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on OK Play India dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
OK Play India Dividend History
OK Play India Dividend Yield
OK Play India current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing OK Play India stock? Use our calculator to estimate your expected dividend yield:
OK Play India Financial Ratios
P/E ratio220.09
PEG ratio-128.75
P/B ratio2.87
ROE3.03%
Payout ratio0.00%
Current ratio1.33
Quick ratio0.62
Cash Ratio0.02
OK Play India Dividend FAQ
Does OK Play India stock pay dividends?
OK Play India does not currently pay dividends to its shareholders.
Has OK Play India ever paid a dividend?
No, OK Play India has no a history of paying dividends to its shareholders. OK Play India is not known for its dividend payments.
Why doesn't OK Play India pay dividends?
There are several potential reasons why OK Play India 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 OK Play India 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 OK Play India 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 OK Play India a dividend aristocrat?
OK Play India 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 OK Play India a dividend king?
OK Play India 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 OK Play India a dividend stock?
No, OK Play India 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 OK Play India stocks?
To buy OK Play India 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 OK Play India 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 OK Play India 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.