Radiant Cash Management Services Ltd. engages in the provision of integrated cash logistics services. It offers cash pick-up and delivery, network currency management, cash processing, and cash vans and cash in transit. The company was founded by David Devasahayam and Renuka David in March 2005 and is headquartered in Chennai, India.
Radiant Cash Management Services Dividend Announcement
• Radiant Cash Management Services announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-05. Ex dividend date: 2024-08-29
• Radiant Cash Management Services annual dividend for 2024 was ₹2.50
• Radiant Cash Management Services annual dividend for 2023 was ₹3.00
• Radiant Cash Management Services's trailing twelve-month (TTM) dividend yield is 3.38%
Radiant Cash Management Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-29 | ₹2.50 | annually | 2024-10-05 |
| 2023-09-04 | ₹2.00 | annually | 2023-10-11 |
| 2023-02-08 | ₹1.00 | annually | 2023-02-20 |
Radiant Cash Management Services Dividend per year
Radiant Cash Management Services Dividend Yield
Radiant Cash Management Services current trailing twelve-month (TTM) dividend yield is 3.38%. Interested in purchasing Radiant Cash Management Services stock? Use our calculator to estimate your expected dividend yield:
Radiant Cash Management Services Financial Ratios
P/E ratio17.32
PEG ratio1.43
P/B ratio3.02
ROE17.79%
Payout ratio0.00%
Current ratio3.78
Quick ratio3.75
Cash Ratio1.39
Radiant Cash Management Services Dividend FAQ
Does Radiant Cash Management Services stock pay dividends?
Radiant Cash Management Services does not currently pay dividends to its shareholders.
Has Radiant Cash Management Services ever paid a dividend?
No, Radiant Cash Management Services has no a history of paying dividends to its shareholders. Radiant Cash Management Services is not known for its dividend payments.
Why doesn't Radiant Cash Management Services pay dividends?
There are several potential reasons why Radiant Cash Management Services 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 Radiant Cash Management Services 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 Radiant Cash Management Services 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 Radiant Cash Management Services a dividend aristocrat?
Radiant Cash Management Services 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 Radiant Cash Management Services a dividend king?
Radiant Cash Management Services 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 Radiant Cash Management Services a dividend stock?
No, Radiant Cash Management Services 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 Radiant Cash Management Services stocks?
To buy Radiant Cash Management Services 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 Radiant Cash Management Services 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 Radiant Cash Management Services 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.