Prime Urban Development India Ltd. is a holding company, which engages in the real estate development and export of cotton yarn business. It operates through the following business segments: Realty and Textiles. The Realty segment includes real estate development of apartments and residential villas. The Textiles segment exports cotton yarn under merchant trading. The company was founded on November 16, 1936 and is headquartered in Mumbai, India.
Prime Urban Development India Dividend Announcement
• Prime Urban Development India announced a annually dividend of ₹0.40 per ordinary share which will be made payable on 2017-09-10. Ex dividend date: 2017-08-03
• Prime Urban Development India's trailing twelve-month (TTM) dividend yield is -%
Prime Urban Development India Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-08-03 | ₹0.40 | annually | 2017-09-10 |
Prime Urban Development India Dividend per year
Prime Urban Development India Dividend Yield
Prime Urban Development India current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Prime Urban Development India stock? Use our calculator to estimate your expected dividend yield:
Prime Urban Development India Financial Ratios
P/E ratio-16.10
PEG ratio0.46
P/B ratio-8.12
ROE117.76%
Payout ratio0.00%
Current ratio0.59
Quick ratio0.30
Cash Ratio0.01
Prime Urban Development India Dividend FAQ
Does Prime Urban Development India stock pay dividends?
Prime Urban Development India does not currently pay dividends to its shareholders.
Has Prime Urban Development India ever paid a dividend?
No, Prime Urban Development India has no a history of paying dividends to its shareholders. Prime Urban Development India is not known for its dividend payments.
Why doesn't Prime Urban Development India pay dividends?
There are several potential reasons why Prime Urban Development India 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 Urban Development India 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 Urban Development India 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 Urban Development India a dividend aristocrat?
Prime Urban Development India 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 Urban Development India a dividend king?
Prime Urban Development India 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 Urban Development India a dividend stock?
No, Prime Urban Development India 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 Urban Development India stocks?
To buy Prime Urban Development India 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 Urban Development India 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 Urban Development India 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.