Organic Coatings Ltd. engages in the production and marketing of printing inks and ultraviolet (UV) coatings. Its products includes offset, UV, water based flexo, security and specialty inks, and print finishes. The company was founded by Rajnikant Kodarlal Shah and Vasantlal Dahyalal Mehta on April 22, 1965 and is headquartered in Mumbai, India.
Organic Coatings Dividend Announcement
• Organic Coatings announced a annually dividend of ₹0.50 per ordinary share which will be made payable on . Ex dividend date: 2010-09-16
• Organic Coatings's trailing twelve-month (TTM) dividend yield is -%
Organic Coatings Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2010-09-16 | ₹0.50 | annually |
Organic Coatings Dividend per year
Organic Coatings Dividend Yield
Organic Coatings current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Organic Coatings stock? Use our calculator to estimate your expected dividend yield:
Organic Coatings Financial Ratios
P/E ratio-32.74
PEG ratio-0.33
P/B ratio19.44
ROE-56.48%
Payout ratio0.00%
Current ratio0.80
Quick ratio0.58
Cash Ratio0.00
Organic Coatings Dividend FAQ
Does Organic Coatings stock pay dividends?
Organic Coatings does not currently pay dividends to its shareholders.
Has Organic Coatings ever paid a dividend?
No, Organic Coatings has no a history of paying dividends to its shareholders. Organic Coatings is not known for its dividend payments.
Why doesn't Organic Coatings pay dividends?
There are several potential reasons why Organic Coatings 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 Organic Coatings 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 Organic Coatings 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 Organic Coatings a dividend aristocrat?
Organic Coatings 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 Organic Coatings a dividend king?
Organic Coatings 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 Organic Coatings a dividend stock?
No, Organic Coatings 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 Organic Coatings stocks?
To buy Organic Coatings 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 Organic Coatings 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 Organic Coatings 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.