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Pakka Limited manufactures and sells paper and moulded products in India. The company operates through Paper, Pulp, and Other Products; and Moulded Products segments. It offers molded food service ware products under the CHUK brand; bleached and unbleached agricultural pulp products; and bleached, unbleached, and colored kraft products, as well as flexible packaging. The company also exports its products. The company was formerly known as Yash Pakka Limited and changed its name to Pakka Limited in July 2023. Pakka Limited was incorporated in 1981 and is based in Ayodhya, India.

Pakka Dividend Announcement

Pakka announced a annually dividend of ₹2.40 per ordinary share which will be made payable on 2023-10-29. Ex dividend date: 2023-09-22
Pakka's trailing twelve-month (TTM) dividend yield is -%

Pakka Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-09-22₹2.40annually2023-10-29

Pakka Dividend per year

Pakka Dividend Yield

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

Pakka Financial Ratios

P/E ratio28.65
PEG ratio21.20
P/B ratio4.06
ROE16.52%
Payout ratio0.00%
Current ratio2.02
Quick ratio1.22
Cash Ratio0.39

Pakka Dividend FAQ

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