Rajnandini Metal Limited engages in the trading of in ferrous and non-ferrous metal scrap in India and internationally. It offers steel, iron, iron alloy, castings, various metals, various kind of chemicals, furnace oils, petroleum products, iron and steel, aluminum, tin, nickel, zinc led, copper, cooper continuous road, brass, silicon scrap, and their products. The company also manufactures and sells copper products comprising copper rods, annealed bare copper wires, fine copper wires, multi stranded copper wires, bunched copper wires, submersible wires and cables, house wires and cables, and copper conductors. The company was incorporated in 2010 and is based in Faridabad, India.
Rajnandini Metal Dividend Announcement
• Rajnandini Metal announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2022-08-30. Ex dividend date: 2022-08-11
• Rajnandini Metal's trailing twelve-month (TTM) dividend yield is -%
Rajnandini Metal Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-08-11 | ₹1.00 | annually | 2022-08-30 |
Rajnandini Metal Dividend per year
Rajnandini Metal Dividend Yield
Rajnandini Metal current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rajnandini Metal stock? Use our calculator to estimate your expected dividend yield:
Rajnandini Metal Financial Ratios
Rajnandini Metal Dividend FAQ
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.
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