Poona Dal & Oil Industries Ltd. engages in manufacturing and sale of edible oil and pulses. Its products include soybean oil, sunflower oil, peanut oil, and mustard oil. The firm operates through the Oil Division, and Agro Division segments. The company was founded on January 1, 1993 and is headquartered in Pune, India.
POONA DAL & OIL INDUSTRIES Dividend Announcement
• POONA DAL & OIL INDUSTRIES does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on POONA DAL & OIL INDUSTRIES dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
POONA DAL & OIL INDUSTRIES Dividend History
POONA DAL & OIL INDUSTRIES Dividend Yield
POONA DAL & OIL INDUSTRIES current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing POONA DAL & OIL INDUSTRIES stock? Use our calculator to estimate your expected dividend yield:
POONA DAL & OIL INDUSTRIES Financial Ratios
P/E ratio58.14
PEG ratio3.96
P/B ratio0.87
ROE2.99%
Payout ratio0.00%
Current ratio66.43
Quick ratio26.57
Cash Ratio17.01
POONA DAL & OIL INDUSTRIES Dividend FAQ
Does POONA DAL & OIL INDUSTRIES stock pay dividends?
POONA DAL & OIL INDUSTRIES does not currently pay dividends to its shareholders.
Has POONA DAL & OIL INDUSTRIES ever paid a dividend?
No, POONA DAL & OIL INDUSTRIES has no a history of paying dividends to its shareholders. POONA DAL & OIL INDUSTRIES is not known for its dividend payments.
Why doesn't POONA DAL & OIL INDUSTRIES pay dividends?
There are several potential reasons why POONA DAL & OIL INDUSTRIES 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 POONA DAL & OIL INDUSTRIES 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 POONA DAL & OIL INDUSTRIES 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 POONA DAL & OIL INDUSTRIES a dividend aristocrat?
POONA DAL & OIL INDUSTRIES 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 POONA DAL & OIL INDUSTRIES a dividend king?
POONA DAL & OIL INDUSTRIES 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 POONA DAL & OIL INDUSTRIES a dividend stock?
No, POONA DAL & OIL INDUSTRIES 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 POONA DAL & OIL INDUSTRIES stocks?
To buy POONA DAL & OIL INDUSTRIES 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 POONA DAL & OIL INDUSTRIES 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 POONA DAL & OIL INDUSTRIES 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.