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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | ₹1.00 | annually | 2024-10-06 |
2023-08-23 | ₹1.00 | annually | 2023-09-29 |
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
Prevest Denpro 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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