Precision Electronics Ltd. engages in the supply of equipment and solutions for military communication, command and control, electronic warfare, and civil communications. It operates through the Telecom and Infra Services business segments. The company was founded by Ashok Kumar Kanodia on May 1, 1979 and is headquartered in Noida, India.
Precision Electronics Dividend Announcement
• Precision Electronics does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Precision Electronics dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Precision Electronics Dividend History
Precision Electronics Dividend Yield
Precision Electronics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Precision Electronics stock? Use our calculator to estimate your expected dividend yield:
Precision Electronics Financial Ratios
P/E ratio432.84
PEG ratio4.33
P/B ratio13.08
ROE6.75%
Payout ratio0.00%
Current ratio1.72
Quick ratio1.01
Cash Ratio0.11
Precision Electronics Dividend FAQ
Does Precision Electronics stock pay dividends?
Precision Electronics does not currently pay dividends to its shareholders.
Has Precision Electronics ever paid a dividend?
No, Precision Electronics has no a history of paying dividends to its shareholders. Precision Electronics is not known for its dividend payments.
Why doesn't Precision Electronics pay dividends?
There are several potential reasons why Precision Electronics 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 Precision Electronics 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 Precision Electronics 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 Precision Electronics a dividend aristocrat?
Precision Electronics 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 Precision Electronics a dividend king?
Precision Electronics 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 Precision Electronics a dividend stock?
No, Precision Electronics 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 Precision Electronics stocks?
To buy Precision Electronics 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 Precision Electronics 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 Precision Electronics 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.