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 History
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
Redtape 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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