Patspin India Ltd. engages in the manufacture and exporting of combed cotton yarn. It also offers cotton yarn spinning product. The company was founded on September 20, 1991 and is headquartered in Mumbai, India.
Patspin India Dividend Announcement
• Patspin India announced a annually dividend of ₹0.60 per ordinary share which will be made payable on . Ex dividend date: 2007-07-12
• Patspin India's trailing twelve-month (TTM) dividend yield is -%
Patspin India Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2007-07-12 | ₹0.60 | annually | |
| 2006-07-20 | ₹0.80 | annually | |
| 2005-07-14 | ₹0.60 | annually | |
| 2004-07-15 | ₹0.90 | annually | |
| 2003-07-17 | ₹0.90 | annually | |
| 2002-07-16 | ₹0.90 | annually |
Patspin India Dividend per year
Patspin India Dividend growth
Patspin India Dividend Yield
Patspin India current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Patspin India stock? Use our calculator to estimate your expected dividend yield:
Patspin India Financial Ratios
P/E ratio-7.52
PEG ratio-0.75
P/B ratio-1.62
ROE22.97%
Payout ratio0.00%
Current ratio0.15
Quick ratio0.15
Cash Ratio0.00
Patspin India Dividend FAQ
Does Patspin India stock pay dividends?
Patspin India does not currently pay dividends to its shareholders.
Has Patspin India ever paid a dividend?
No, Patspin India has no a history of paying dividends to its shareholders. Patspin India is not known for its dividend payments.
Why doesn't Patspin India pay dividends?
There are several potential reasons why Patspin India 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 Patspin India 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 Patspin India 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 Patspin India a dividend aristocrat?
Patspin India 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 Patspin India a dividend king?
Patspin India 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 Patspin India a dividend stock?
No, Patspin India 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 Patspin India stocks?
To buy Patspin India 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 Patspin India 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 Patspin India 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.