Pasari Spinning Mills Ltd. engages in manufacture and sale of yarns. Its products include home furnishings and fashion apparel. The company was founded by Gauri Shankar Gupta on November 25, 1991 and is headquartered in Bangalore, India.
Pasari Spinning Mills Dividend Announcement
• Pasari Spinning Mills does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Pasari Spinning Mills dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Pasari Spinning Mills Dividend History
Pasari Spinning Mills Dividend Yield
Pasari Spinning Mills current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Pasari Spinning Mills stock? Use our calculator to estimate your expected dividend yield:
Pasari Spinning Mills Financial Ratios
P/E ratio32.03
PEG ratio1.42
P/B ratio-170.49
ROE-142.53%
Payout ratio0.00%
Current ratio1.22
Quick ratio1.22
Cash Ratio0.46
Pasari Spinning Mills Dividend FAQ
Does Pasari Spinning Mills stock pay dividends?
Pasari Spinning Mills does not currently pay dividends to its shareholders.
Has Pasari Spinning Mills ever paid a dividend?
No, Pasari Spinning Mills has no a history of paying dividends to its shareholders. Pasari Spinning Mills is not known for its dividend payments.
Why doesn't Pasari Spinning Mills pay dividends?
There are several potential reasons why Pasari Spinning Mills 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 Pasari Spinning Mills 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 Pasari Spinning Mills 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 Pasari Spinning Mills a dividend aristocrat?
Pasari Spinning Mills 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 Pasari Spinning Mills a dividend king?
Pasari Spinning Mills 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 Pasari Spinning Mills a dividend stock?
No, Pasari Spinning Mills 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 Pasari Spinning Mills stocks?
To buy Pasari Spinning Mills 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 Pasari Spinning Mills 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 Pasari Spinning Mills 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.