Poojawestern Metaliks Ltd. engages in the manufacture, trade and export of brass products. The firm offers brass and copper alloys, chrome pipe fittings, brass inserts for moldings, brass compression fittings, and computer numerical control and vertical milling center machine turned parts. Its products are distributed under the following brand names: P-Alloy, P-Fit, P-Fix, P-Max and P-Perfekt. The company was founded in 1991 and is headquartered in Jamnagar, India.
Poojawestern Metaliks Dividend Announcement
• Poojawestern Metaliks announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-13
• Poojawestern Metaliks annual dividend for 2024 was ₹1.00
• Poojawestern Metaliks annual dividend for 2023 was ₹1.00
• Poojawestern Metaliks's trailing twelve-month (TTM) dividend yield is 2.44%
Poojawestern Metaliks Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | ₹1.00 | annually | 2024-10-27 |
2023-09-22 | ₹1.00 | annually | 2023-10-30 |
Poojawestern Metaliks Dividend per year
Poojawestern Metaliks Dividend Yield
Poojawestern Metaliks current trailing twelve-month (TTM) dividend yield is 2.44%. Interested in purchasing Poojawestern Metaliks stock? Use our calculator to estimate your expected dividend yield:
Poojawestern Metaliks Financial Ratios
Poojawestern Metaliks Dividend FAQ
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.
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