Rajeshwari Cans Ltd. engages in the manufacture of round printed tin containers used as packing material. It supplies various sizes of tin containers for tobacco and paint manufacturing industries. It also performs printing works on tin sheets. The company was founded in 2018 and is headquartered in Ahmedabad, Gujarat.
Rajeshwari Cans Dividend Announcement
• Rajeshwari Cans announced a annually dividend of ₹0.25 per ordinary share which will be made payable on 2022-10-30. Ex dividend date: 2022-09-16
• Rajeshwari Cans's trailing twelve-month (TTM) dividend yield is -%
Rajeshwari Cans Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-09-16 | ₹0.25 | annually | 2022-10-30 |
Rajeshwari Cans Dividend per year
Rajeshwari Cans Dividend Yield
Rajeshwari Cans current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rajeshwari Cans stock? Use our calculator to estimate your expected dividend yield:
Rajeshwari Cans Financial Ratios
P/E ratio217.24
PEG ratio2.17
P/B ratio28.69
ROE14.14%
Payout ratio0.00%
Current ratio1.50
Quick ratio0.88
Cash Ratio0.05
Rajeshwari Cans Dividend FAQ
Does Rajeshwari Cans stock pay dividends?
Rajeshwari Cans does not currently pay dividends to its shareholders.
Has Rajeshwari Cans ever paid a dividend?
No, Rajeshwari Cans has no a history of paying dividends to its shareholders. Rajeshwari Cans is not known for its dividend payments.
Why doesn't Rajeshwari Cans pay dividends?
There are several potential reasons why Rajeshwari Cans 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 Rajeshwari Cans 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 Rajeshwari Cans 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 Rajeshwari Cans a dividend aristocrat?
Rajeshwari Cans 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 Rajeshwari Cans a dividend king?
Rajeshwari Cans 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 Rajeshwari Cans a dividend stock?
No, Rajeshwari Cans 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 Rajeshwari Cans stocks?
To buy Rajeshwari Cans 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 Rajeshwari Cans 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 Rajeshwari Cans 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.