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Praxis Home Retail Limited engages in the business of home retailing through departmental stores in India. The company offers furniture, homeware, décor and furnishings, modular kitchen, kitchenware, electronics, and bathroom accessories, as well as customized solutions in kitchen and wardrobes, and interior design consultation and services for homes and offices. As of March 31, 2022, it owned and operated 43 stores in 28 cities under the HomeTown brand name, as well as operates www.hometown.in, a web portal. The company was founded in 2007 and is based in Mumbai, India. Praxis Home Retail Limited is a subsidiary of Future Corporate Resources Limited.

Praxis Home Retail Dividend Announcement

Praxis Home Retail does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Praxis Home Retail dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Praxis Home Retail Dividend History

Praxis Home Retail Dividend Yield

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

Praxis Home Retail Financial Ratios

P/E ratio-6.33
PEG ratio-5.41
P/B ratio-5.43
ROE135.68%
Payout ratio0.00%
Current ratio0.68
Quick ratio0.52
Cash Ratio0.01

Praxis Home Retail Dividend FAQ

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