Rathi Steel & Power Ltd. engages in the manufacture and sale of steel and steel related products. Its products includes thermo-mechanically treated bars and wire rods. The company was founded by Punam Chand Rathi on December 17, 1971 and is headquartered in Ghaziabad, India.
Rathi Steel And Power Dividend Announcement
• Rathi Steel And Power does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Rathi Steel And Power dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Rathi Steel And Power Dividend History
Rathi Steel And Power Dividend Yield
Rathi Steel And Power current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rathi Steel And Power stock? Use our calculator to estimate your expected dividend yield:
Rathi Steel And Power Financial Ratios
P/E ratio21.98
PEG ratio0.68
P/B ratio4.36
ROE172.66%
Payout ratio0.00%
Current ratio0.97
Quick ratio0.57
Cash Ratio0.09
Rathi Steel And Power Dividend FAQ
Does Rathi Steel And Power stock pay dividends?
Rathi Steel And Power does not currently pay dividends to its shareholders.
Has Rathi Steel And Power ever paid a dividend?
No, Rathi Steel And Power has no a history of paying dividends to its shareholders. Rathi Steel And Power is not known for its dividend payments.
Why doesn't Rathi Steel And Power pay dividends?
There are several potential reasons why Rathi Steel And Power 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 Rathi Steel And Power 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 Rathi Steel And Power 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 Rathi Steel And Power a dividend aristocrat?
Rathi Steel And Power 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 Rathi Steel And Power a dividend king?
Rathi Steel And Power 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 Rathi Steel And Power a dividend stock?
No, Rathi Steel And Power 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 Rathi Steel And Power stocks?
To buy Rathi Steel And Power 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 Rathi Steel And Power 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 Rathi Steel And Power 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.