Padam Cotton Yarns Ltd. provides consulting services relating to textile industry and wholesale trading in Agricultural Pumping Sets. The firm operates through the following segments: Consultation and Whole Sale Trading. It also manufactures yarns. The company was founded on November 2, 1994 and is headquartered in Karnal, India.
Padam Cotton Yarns Dividend Announcement
• Padam Cotton Yarns announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-12-12. Ex dividend date: 2024-11-27
• Padam Cotton Yarns annual dividend for 2024 was ₹1.00
• Padam Cotton Yarns's trailing twelve-month (TTM) dividend yield is 0.36%
Padam Cotton Yarns Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-27 | ₹1.00 | annually | 2024-12-12 |
Padam Cotton Yarns Dividend per year
Padam Cotton Yarns Dividend Yield
Padam Cotton Yarns current trailing twelve-month (TTM) dividend yield is 0.36%. Interested in purchasing Padam Cotton Yarns stock? Use our calculator to estimate your expected dividend yield:
Padam Cotton Yarns Financial Ratios
P/E ratio20.69
PEG ratio0.21
P/B ratio10.42
ROE71.14%
Payout ratio0.00%
Current ratio9.05
Quick ratio9.05
Cash Ratio0.02
Padam Cotton Yarns Dividend FAQ
Does Padam Cotton Yarns stock pay dividends?
Padam Cotton Yarns does not currently pay dividends to its shareholders.
Has Padam Cotton Yarns ever paid a dividend?
No, Padam Cotton Yarns has no a history of paying dividends to its shareholders. Padam Cotton Yarns is not known for its dividend payments.
Why doesn't Padam Cotton Yarns pay dividends?
There are several potential reasons why Padam Cotton Yarns 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 Padam Cotton Yarns 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 Padam Cotton Yarns 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 Padam Cotton Yarns a dividend aristocrat?
Padam Cotton Yarns 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 Padam Cotton Yarns a dividend king?
Padam Cotton Yarns 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 Padam Cotton Yarns a dividend stock?
No, Padam Cotton Yarns 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 Padam Cotton Yarns stocks?
To buy Padam Cotton Yarns 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 Padam Cotton Yarns 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 Padam Cotton Yarns 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.