Rasi Electrodes Ltd. engages in the manufacture and marketing of welding consumables and equipment. It offers welding electrodes, tungsten rods, mig and tig wires power tools, natural rutile ore, grinding and cutting abrasive, welding machines and accessories. The company was founded on March 8, 1994 and is headquartered in Chennai, India.
Rasi Electrodes Dividend Announcement
• Rasi Electrodes announced a annually dividend of ₹0.10 per ordinary share which will be made payable on . Ex dividend date: 2016-09-14
• Rasi Electrodes's trailing twelve-month (TTM) dividend yield is -%
Rasi Electrodes Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2016-09-14 | ₹0.10 | annually | |
| 2015-09-11 | ₹0.10 | annually | |
| 2013-09-16 | ₹0.50 | annually | |
| 2012-09-07 | ₹0.50 | annually | |
| 2011-09-13 | ₹0.50 | annually | |
| 2010-09-13 | ₹0.50 | annually | |
| 2009-09-08 | ₹0.40 | annually | |
| 2008-09-08 | ₹0.50 | annually | |
| 2007-09-10 | ₹0.50 | annually | |
| 2006-09-12 | ₹0.50 | annually |
Rasi Electrodes Dividend per year
Rasi Electrodes Dividend growth
Rasi Electrodes Dividend Yield
Rasi Electrodes current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rasi Electrodes stock? Use our calculator to estimate your expected dividend yield:
Rasi Electrodes Financial Ratios
P/E ratio29.72
PEG ratio0.45
P/B ratio3.13
ROE14.83%
Payout ratio0.00%
Current ratio9.49
Quick ratio7.01
Cash Ratio1.31
Rasi Electrodes Dividend FAQ
Does Rasi Electrodes stock pay dividends?
Rasi Electrodes does not currently pay dividends to its shareholders.
Has Rasi Electrodes ever paid a dividend?
No, Rasi Electrodes has no a history of paying dividends to its shareholders. Rasi Electrodes is not known for its dividend payments.
Why doesn't Rasi Electrodes pay dividends?
There are several potential reasons why Rasi Electrodes 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 Rasi Electrodes 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 Rasi Electrodes 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 Rasi Electrodes a dividend aristocrat?
Rasi Electrodes 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 Rasi Electrodes a dividend king?
Rasi Electrodes 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 Rasi Electrodes a dividend stock?
No, Rasi Electrodes 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 Rasi Electrodes stocks?
To buy Rasi Electrodes 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 Rasi Electrodes 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 Rasi Electrodes 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.