Prime Fresh Ltd. engages in the provision of industrial services. It offers warehousing and manpower solutions; food processing units and cold storage services; and supply of fruits and vegetables. The company was founded on March 30, 2007 and is headquartered in Ahmedabad, India.
PRIME FRESH Dividend Announcement
• PRIME FRESH announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-20
• PRIME FRESH annual dividend for 2024 was ₹0.50
• PRIME FRESH's trailing twelve-month (TTM) dividend yield is 0.2%
PRIME FRESH Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-20 | ₹0.50 | annually | 2024-10-27 |
| 2017-09-21 | ₹0.07 | annually | 2017-10-29 |
PRIME FRESH Dividend per year
PRIME FRESH Dividend Yield
PRIME FRESH current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing PRIME FRESH stock? Use our calculator to estimate your expected dividend yield:
PRIME FRESH Financial Ratios
P/E ratio47.77
PEG ratio0.48
P/B ratio5.41
ROE14.69%
Payout ratio0.00%
Current ratio7.37
Quick ratio6.28
Cash Ratio0.29
PRIME FRESH Dividend FAQ
Does PRIME FRESH stock pay dividends?
PRIME FRESH does not currently pay dividends to its shareholders.
Has PRIME FRESH ever paid a dividend?
No, PRIME FRESH has no a history of paying dividends to its shareholders. PRIME FRESH is not known for its dividend payments.
Why doesn't PRIME FRESH pay dividends?
There are several potential reasons why PRIME FRESH 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 PRIME FRESH 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 PRIME FRESH 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 PRIME FRESH a dividend aristocrat?
PRIME FRESH 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 PRIME FRESH a dividend king?
PRIME FRESH 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 PRIME FRESH a dividend stock?
No, PRIME FRESH 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 PRIME FRESH stocks?
To buy PRIME FRESH 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 PRIME FRESH 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 PRIME FRESH 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.