Prismx Global Ventures Ltd. engages in finance, share trading, and investments. It operates through the following segments: Commodity Trading Business, Finance Business Activities, and Information Technology. The company was founded by Laxmikant J. Tanna on January 15, 1973 and is headquartered in Mumbai, India.
PRISMX GLOBAL VENTURES Dividend Announcement
• PRISMX GLOBAL VENTURES does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on PRISMX GLOBAL VENTURES dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
PRISMX GLOBAL VENTURES Dividend History
PRISMX GLOBAL VENTURES Dividend Yield
PRISMX GLOBAL VENTURES current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing PRISMX GLOBAL VENTURES stock? Use our calculator to estimate your expected dividend yield:
PRISMX GLOBAL VENTURES Financial Ratios
P/E ratio-3.08
PEG ratio-0.03
P/B ratio0.53
ROE-34.32%
Payout ratio0.00%
Current ratio33.91
Quick ratio33.91
Cash Ratio1.05
PRISMX GLOBAL VENTURES Dividend FAQ
Does PRISMX GLOBAL VENTURES stock pay dividends?
PRISMX GLOBAL VENTURES does not currently pay dividends to its shareholders.
Has PRISMX GLOBAL VENTURES ever paid a dividend?
No, PRISMX GLOBAL VENTURES has no a history of paying dividends to its shareholders. PRISMX GLOBAL VENTURES is not known for its dividend payments.
Why doesn't PRISMX GLOBAL VENTURES pay dividends?
There are several potential reasons why PRISMX GLOBAL VENTURES 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 PRISMX GLOBAL VENTURES 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 PRISMX GLOBAL VENTURES 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 PRISMX GLOBAL VENTURES a dividend aristocrat?
PRISMX GLOBAL VENTURES 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 PRISMX GLOBAL VENTURES a dividend king?
PRISMX GLOBAL VENTURES 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 PRISMX GLOBAL VENTURES a dividend stock?
No, PRISMX GLOBAL VENTURES 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 PRISMX GLOBAL VENTURES stocks?
To buy PRISMX GLOBAL VENTURES 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 PRISMX GLOBAL VENTURES 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 PRISMX GLOBAL VENTURES 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.