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Protean eGov Technologies Ltd. is an information technology enabled solution company that engages in conceptualizing, developing and executing nationally critical and population scale greenfield technology solutions. It collaborates with the government in creating digital public infrastructure and developing citizen-centric e-governance solutions. The firm provides corporate and retail services. The corporate services include e-Governance solutions, system integration services, business process re-engineering, solution architecture, datacentre co-location services, managed services provider, and IT consulting services. The retails include EzeeWill, commercial taxes facilitation centres, PAN card, UID enrolment, NPS, e-Sign, Vidyasaarathi, Vidya Lakshmi, and Vidya Kaushal. The company was founded in December 1995 and is headquartered in Mumbai, India.

Protean eGov Technologies Limi Dividend Announcement

Protean eGov Technologies Limi announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-09-06
Protean eGov Technologies Limi annual dividend for 2024 was ₹10.00
Protean eGov Technologies Limi's trailing twelve-month (TTM) dividend yield is 0.52%
Protean eGov Technologies Limi's payout ratio for the trailing twelve months (TTM) is 33.60%

Protean eGov Technologies Limi Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-06₹10.00annually2024-10-23

Protean eGov Technologies Limi Dividend per year

Protean eGov Technologies Limi Dividend Yield

Protean eGov Technologies Limi current trailing twelve-month (TTM) dividend yield is 0.52%. Interested in purchasing Protean eGov Technologies Limi stock? Use our calculator to estimate your expected dividend yield:

Protean eGov Technologies Limi Financial Ratios

P/E ratio92.94
PEG ratio0.93
P/B ratio8.19
ROE9.09%
Payout ratio33.60%
Current ratio1.72
Quick ratio1.72
Cash Ratio0.21

Protean eGov Technologies Limi Dividend FAQ

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