Table of Contents

company-logo

Plaza Wires Limited manufactures and sells electrical wires and allied products in India. The company's products include wires and cables, electric fans, water heaters, irons, switches and switchgears, PVC insulated electrical tapes, and PVC conduit pipes and accessories under the PLAZA CABLES, Action Wire, and PCG brand names. It also markets and sells LT aluminum cables. The company was formerly known as Plaza Wires Private Limited and changed its name to Plaza Wires Limited in March 2022. The company was incorporated in 2006 and is based in New Delhi, India with manufacturing unit in Solan, Himachal Pradesh.

Plaza Wires Dividend Announcement

• Plaza Wires does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Plaza Wires dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Plaza Wires Dividend History

Plaza Wires Dividend Yield

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

Plaza Wires Financial Ratios

P/E ratio154.10
PEG ratio1.54
P/B ratio2.52
ROE2.00%
Payout ratio0.00%
Current ratio4.05
Quick ratio2.90
Cash Ratio0.30

Plaza Wires Dividend FAQ

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