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Redtape Limited manufactures and sells footwear and clothing for men, women, and kids in India and internationally. It offers footwear, such as sandals, slippers, casuals, shoes, sports shoes, boots, sliders, and flip flops; topwear, including T-shirts, shirts, sweaters, sweatshirts/hoodies, and jackets; jeans and trousers; jeggings and pants; sportswear comprising active T-shirts, shorts, and trackpants/joggers; and briefs and trunks. The company provides tops/tunics, jackets, and kurtas; tights/leggings; trackpants/joggers; and caps, belts, socks, and wallets, as well as gift cards. It operates through retail stores and online channels. The company offers its products under the RedTape, RedTape Athleisure, Mode By RedTape, and Bond Street by RedTape brands. Redtape Limited was founded in 1996 and is based in Noida, India. The company operates as a subsidiary of Mirza International Limited.

Redtape Dividend Announcement

• Redtape does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Redtape dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Redtape Dividend Yield

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

Redtape Financial Ratios

P/E ratio73.31
PEG ratio0.78
P/B ratio16.42
ROE25.60%
Payout ratio0.00%
Current ratio1.46
Quick ratio0.30
Cash Ratio0.02

Redtape Dividend FAQ

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