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Raj Rayon Industries Limited engages in the manufacturing and trading of polyester chips, and polyester and processed yarns in India. It offers round, trilobal, and octalobal yarns, as well as full dull, semi dull, bright, cationic, doped dyed, fire retardant, and anti-microbial yarns. The company also exports its products to Brazil, Chile, Colombia, Mexico, Poland, Spain, Thailand, Iran, Egypt, Syria, Vietnam, Morocco, Peru, Gautemala, and internationally. The company was formerly known as Raj Rayon Limited and changed its name to Raj Rayon Industries Limited in August 2010. Raj Rayon Industries Limited was incorporated in 1993 and is based in Mumbai, India.

Raj Rayon Industries Dividend Announcement

Raj Rayon Industries announced a annually dividend of ₹0.30 per ordinary share which will be made payable on . Ex dividend date: 2011-09-06
Raj Rayon Industries's trailing twelve-month (TTM) dividend yield is -%

Raj Rayon Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2011-09-06₹0.30annually
2010-07-29₹0.30annually
2007-09-19₹0.50annually

Raj Rayon Industries Dividend per year

Raj Rayon Industries Dividend Yield

Raj Rayon Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Raj Rayon Industries stock? Use our calculator to estimate your expected dividend yield:

Raj Rayon Industries Financial Ratios

P/E ratio-152.87
PEG ratio-1.53
P/B ratio13.11
ROE-8.10%
Payout ratio0.00%
Current ratio0.79
Quick ratio0.43
Cash Ratio0.03

Raj Rayon Industries Dividend FAQ

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