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Prajay Engineers Syndicate Limited, a real estate company, engages in the construction, development, and maintenance of residential, commercial, hospitality, and retail properties in India. It operates through Real Estate, and Hotels and Resorts segments. The Real Estate segment is involved in the development, sale, management, and operation of town ships and housing projects, which includes leasing of self owned commercial premises. The Hotels and Resorts segment maintains hotels, restaurants, and resorts. Prajay Engineers Syndicate Limited was incorporated in 1994 and is based in Hyderabad, India.

Prajay Engineers Syndicate Dividend Announcement

Prajay Engineers Syndicate announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2008-11-01. Ex dividend date: 2008-09-18
Prajay Engineers Syndicate's trailing twelve-month (TTM) dividend yield is -%

Prajay Engineers Syndicate Dividend History

Ex-Div dateDividend amountDividend typePay date
2008-09-18₹2.50annually2008-11-01
2007-09-14₹2.50annually

Prajay Engineers Syndicate Dividend per year

Prajay Engineers Syndicate Dividend Yield

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

Prajay Engineers Syndicate Financial Ratios

P/E ratio-5.22
PEG ratio-0.12
P/B ratio0.42
ROE-7.79%
Payout ratio0.00%
Current ratio2.60
Quick ratio0.69
Cash Ratio0.18

Prajay Engineers Syndicate Dividend FAQ

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