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Pacific Industries Ltd. engages in the business of exporting, manufacturing, and trading granite tiles and slabs, quartz slabs, and other goods. It operates through the following segments: Stone-Granite and Quartz; Trading Other Than Marble and Granite; and Other Services. The company was founded on July 13, 1989 and is headquartered in Udaipur, India.

Pacific Industries Dividend Announcement

Pacific Industries does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Pacific Industries dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Pacific Industries Dividend History

Pacific Industries Dividend Yield

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

Pacific Industries Financial Ratios

P/E ratio20.83
PEG ratio0.75
P/B ratio0.53
ROE5.10%
Payout ratio0.00%
Current ratio1.98
Quick ratio1.52
Cash Ratio0.47

Pacific Industries Dividend FAQ

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