Parsvnath Developers Limited engages in the real estate development business in India. It promotes, constructs, and develops integrated townships, residential and commercial complexes, multi-storeyed buildings, flats, houses, apartments, shopping malls, IT parks, hotels, special economic zones, etc. The company was incorporated in 1990 and is based in New Delhi, India.
Parsvnath Developers Dividend Announcement
• Parsvnath Developers announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2008-11-01. Ex dividend date: 2008-09-15
• Parsvnath Developers's trailing twelve-month (TTM) dividend yield is -%
Parsvnath Developers Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2008-09-15 | ₹3.00 | annually | 2008-11-01 |
| 2007-07-30 | ₹2.50 | annually | 2007-09-01 |
Parsvnath Developers Dividend per year
Parsvnath Developers Dividend Yield
Parsvnath Developers current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Parsvnath Developers stock? Use our calculator to estimate your expected dividend yield:
Parsvnath Developers Financial Ratios
P/E ratio-1.47
PEG ratio0.12
P/B ratio-0.42
ROE34.02%
Payout ratio0.00%
Current ratio0.72
Quick ratio0.10
Cash Ratio0.00
Parsvnath Developers Dividend FAQ
Does Parsvnath Developers stock pay dividends?
Parsvnath Developers does not currently pay dividends to its shareholders.
Has Parsvnath Developers ever paid a dividend?
No, Parsvnath Developers has no a history of paying dividends to its shareholders. Parsvnath Developers is not known for its dividend payments.
Why doesn't Parsvnath Developers pay dividends?
There are several potential reasons why Parsvnath Developers 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 Parsvnath Developers 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 Parsvnath Developers 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 Parsvnath Developers a dividend aristocrat?
Parsvnath Developers 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 Parsvnath Developers a dividend king?
Parsvnath Developers 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 Parsvnath Developers a dividend stock?
No, Parsvnath Developers 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 Parsvnath Developers stocks?
To buy Parsvnath Developers 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 Parsvnath Developers 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 Parsvnath Developers 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.