Relic Technologies Ltd. operates as a holding company. The firm engages in the provision of financial services. It focuses on the share broking business. The company was founded on December 6, 1991 and is headquartered in Mumbai, India.
Relic Technologies Dividend Announcement
• Relic Technologies does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Relic Technologies dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Relic Technologies Dividend History
Relic Technologies Dividend Yield
Relic Technologies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Relic Technologies stock? Use our calculator to estimate your expected dividend yield:
Relic Technologies Financial Ratios
P/E ratio-9.73
PEG ratio-0.10
P/B ratio1.32
ROE-13.22%
Payout ratio0.00%
Current ratio43.94
Quick ratio43.94
Cash Ratio12.78
Relic Technologies Dividend FAQ
Does Relic Technologies stock pay dividends?
Relic Technologies does not currently pay dividends to its shareholders.
Has Relic Technologies ever paid a dividend?
No, Relic Technologies has no a history of paying dividends to its shareholders. Relic Technologies is not known for its dividend payments.
Why doesn't Relic Technologies pay dividends?
There are several potential reasons why Relic Technologies 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 Relic Technologies 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 Relic Technologies 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 Relic Technologies a dividend aristocrat?
Relic Technologies 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 Relic Technologies a dividend king?
Relic Technologies 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 Relic Technologies a dividend stock?
No, Relic Technologies 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 Relic Technologies stocks?
To buy Relic Technologies 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 Relic Technologies 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 Relic Technologies 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.