Power & Instrumental (Gujarat) Limited engages in electrical contract work business and deals in electrical equipment in India. The company provides contracting based, industrial electrical, and power backup and standby services; and services for electrical and commercial electrical contractors. It also offers design, installation, maintenance, and repair services for energy efficient power and distribution transformers, generators, compressors, load banks, and others. Power & Instrumental (Gujarat) Limited was founded in 1975 and is based in Ahmedabad, India.
Power & Instrumental Dividend Announcement
• Power & Instrumental announced a annually dividend of ₹0.20 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• Power & Instrumental annual dividend for 2024 was ₹0.20
• Power & Instrumental annual dividend for 2023 was ₹0.20
• Power & Instrumental's trailing twelve-month (TTM) dividend yield is 0.09%
Power & Instrumental Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ₹0.20 | annually | 2024-10-30 |
2023-09-22 | ₹0.20 | annually | 2023-10-29 |
Power & Instrumental Dividend per year
Power & Instrumental Dividend Yield
Power & Instrumental current trailing twelve-month (TTM) dividend yield is 0.09%. Interested in purchasing Power & Instrumental stock? Use our calculator to estimate your expected dividend yield:
Power & Instrumental Financial Ratios
Power & Instrumental 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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