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Prevest Denpro Ltd. operates as a dental manufacturing company. Its products include composites, glass ionomer cements, cavity lining materials, bonding adhesives, core build-up materials, luting materials, prophylactic preparations, impression materials, and temporary materials. The company was founded on May 5, 1999 and is headquartered in Samba, India.

Prevest Denpro Dividend Announcement

Prevest Denpro announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-06. Ex dividend date: 2024-08-30
Prevest Denpro annual dividend for 2024 was ₹1.00
Prevest Denpro annual dividend for 2023 was ₹1.00
Prevest Denpro's trailing twelve-month (TTM) dividend yield is 0.18%

Prevest Denpro Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30₹1.00annually2024-10-06
2023-08-23₹1.00annually2023-09-29

Prevest Denpro Dividend per year

Prevest Denpro Dividend Yield

Prevest Denpro current trailing twelve-month (TTM) dividend yield is 0.18%. Interested in purchasing Prevest Denpro stock? Use our calculator to estimate your expected dividend yield:

Prevest Denpro Financial Ratios

P/E ratio42.36
PEG ratio0.42
P/B ratio7.52
ROE19.54%
Payout ratio0.00%
Current ratio12.35
Quick ratio11.02
Cash Ratio8.82

Prevest Denpro Dividend FAQ

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