Panafic Industrials Ltd. operates as a non-banking financial company, which engages in financing industrial enterprises by way of making loans and advances. The company was founded on January 1, 1985 and is headquartered in New Delhi, India.
Panafic Industrials Dividend Announcement
• Panafic Industrials announced a annually dividend of ₹0.02 per ordinary share which will be made payable on . Ex dividend date: 2015-09-22
• Panafic Industrials's trailing twelve-month (TTM) dividend yield is -%
Panafic Industrials Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2015-09-22 | ₹0.02 | annually |
Panafic Industrials Dividend per year
Panafic Industrials Dividend Yield
Panafic Industrials current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Panafic Industrials stock? Use our calculator to estimate your expected dividend yield:
Panafic Industrials Financial Ratios
P/E ratio31.58
PEG ratio6.54
P/B ratio1.12
ROE3.52%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Panafic Industrials Dividend FAQ
Does Panafic Industrials stock pay dividends?
Panafic Industrials does not currently pay dividends to its shareholders.
Has Panafic Industrials ever paid a dividend?
No, Panafic Industrials has no a history of paying dividends to its shareholders. Panafic Industrials is not known for its dividend payments.
Why doesn't Panafic Industrials pay dividends?
There are several potential reasons why Panafic Industrials 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 Panafic Industrials 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 Panafic Industrials 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 Panafic Industrials a dividend aristocrat?
Panafic Industrials 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 Panafic Industrials a dividend king?
Panafic Industrials 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 Panafic Industrials a dividend stock?
No, Panafic Industrials 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 Panafic Industrials stocks?
To buy Panafic Industrials 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 Panafic Industrials 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 Panafic Industrials 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.