POCL Enterprises Ltd. engages in the business of producing inorganic chemicals and base metals. It operates through the following segments: Metal, Metallic Oxides, Plastic Additives, and Others. The company was founded on May 20, 1988 and is headquartered in Chennai, India.
POCL Enterprises Dividend Announcement
• POCL Enterprises announced a annually dividend of ₹12.50 per ordinary share which will be made payable on 2024-10-22. Ex dividend date: 2024-08-30
• POCL Enterprises annual dividend for 2024 was ₹12.50
• POCL Enterprises annual dividend for 2023 was ₹2.00
• POCL Enterprises's trailing twelve-month (TTM) dividend yield is 1.16%
POCL Enterprises Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-30 | ₹12.50 | annually | 2024-10-22 |
| 2023-09-13 | ₹2.00 | annually | 2023-10-20 |
| 2018-08-23 | ₹1.20 | annually | 2018-10-01 |
POCL Enterprises Dividend per year
POCL Enterprises Dividend Yield
POCL Enterprises current trailing twelve-month (TTM) dividend yield is 1.16%. Interested in purchasing POCL Enterprises stock? Use our calculator to estimate your expected dividend yield:
POCL Enterprises Financial Ratios
P/E ratio5.75
PEG ratio0.21
P/B ratio1.43
ROE30.12%
Payout ratio0.00%
Current ratio1.33
Quick ratio0.66
Cash Ratio0.00
POCL Enterprises Dividend FAQ
Does POCL Enterprises stock pay dividends?
POCL Enterprises does not currently pay dividends to its shareholders.
Has POCL Enterprises ever paid a dividend?
No, POCL Enterprises has no a history of paying dividends to its shareholders. POCL Enterprises is not known for its dividend payments.
Why doesn't POCL Enterprises pay dividends?
There are several potential reasons why POCL Enterprises 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 POCL Enterprises 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 POCL Enterprises 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 POCL Enterprises a dividend aristocrat?
POCL Enterprises 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 POCL Enterprises a dividend king?
POCL Enterprises 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 POCL Enterprises a dividend stock?
No, POCL Enterprises 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 POCL Enterprises stocks?
To buy POCL Enterprises 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 POCL Enterprises 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 POCL Enterprises 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.