Olympic Cards Ltd. manufactures paper and board-based products. Its products include greeting cards, office envelopes, cloth-lined covers, student notebooks, and files under the brand name of Olympic. The firm also engages in the business of manufacturing and trading wedding cards, letterheads, business cards, calendars, account books, and trading of printing inks. The company was founded on November 1, 1962 and is headquartered in Chennai, India.
Olympic Cards Dividend Announcement
• Olympic Cards announced a annually dividend of ₹0.50 per ordinary share which will be made payable on . Ex dividend date: 2015-09-07
• Olympic Cards's trailing twelve-month (TTM) dividend yield is -%
Olympic Cards Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2015-09-07 | ₹0.50 | annually | |
| 2014-09-03 | ₹0.70 | annually | |
| 2013-09-16 | ₹0.60 | annually | |
| 2012-09-12 | ₹0.30 | annually |
Olympic Cards Dividend per year
Olympic Cards Dividend growth
Olympic Cards Dividend Yield
Olympic Cards current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Olympic Cards stock? Use our calculator to estimate your expected dividend yield:
Olympic Cards Financial Ratios
P/E ratio-2.67
PEG ratio-0.06
P/B ratio0.87
ROE-34.48%
Payout ratio0.00%
Current ratio1.25
Quick ratio0.21
Cash Ratio0.01
Olympic Cards Dividend FAQ
Does Olympic Cards stock pay dividends?
Olympic Cards does not currently pay dividends to its shareholders.
Has Olympic Cards ever paid a dividend?
No, Olympic Cards has no a history of paying dividends to its shareholders. Olympic Cards is not known for its dividend payments.
Why doesn't Olympic Cards pay dividends?
There are several potential reasons why Olympic Cards 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 Olympic Cards 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 Olympic Cards 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 Olympic Cards a dividend aristocrat?
Olympic Cards 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 Olympic Cards a dividend king?
Olympic Cards 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 Olympic Cards a dividend stock?
No, Olympic Cards 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 Olympic Cards stocks?
To buy Olympic Cards 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 Olympic Cards 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 Olympic Cards 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.