Remi Edelstahl Tubulars Ltd. engages in the manufacturing of stainless-steel pipes and tubes. The company was founded on August 19, 1970, and is headquartered in Mumbai, India.
Remi Edelstahl Tubulars Dividend Announcement
• Remi Edelstahl Tubulars announced a annually dividend of ₹1.50 per ordinary share which will be made payable on . Ex dividend date: 2008-09-24
• Remi Edelstahl Tubulars's trailing twelve-month (TTM) dividend yield is -%
Remi Edelstahl Tubulars Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2008-09-24 | ₹1.50 | annually | |
| 2007-03-26 | ₹1.20 | annually | |
| 2006-09-22 | ₹1.20 | annually | |
| 2005-09-21 | ₹1.20 | annually | |
| 2004-09-10 | ₹0.70 | annually |
Remi Edelstahl Tubulars Dividend per year
Remi Edelstahl Tubulars Dividend growth
Remi Edelstahl Tubulars Dividend Yield
Remi Edelstahl Tubulars current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Remi Edelstahl Tubulars stock? Use our calculator to estimate your expected dividend yield:
Remi Edelstahl Tubulars Financial Ratios
P/E ratio34.27
PEG ratio-1.48
P/B ratio2.36
ROE7.11%
Payout ratio0.00%
Current ratio1.98
Quick ratio0.87
Cash Ratio0.14
Remi Edelstahl Tubulars Dividend FAQ
Does Remi Edelstahl Tubulars stock pay dividends?
Remi Edelstahl Tubulars does not currently pay dividends to its shareholders.
Has Remi Edelstahl Tubulars ever paid a dividend?
No, Remi Edelstahl Tubulars has no a history of paying dividends to its shareholders. Remi Edelstahl Tubulars is not known for its dividend payments.
Why doesn't Remi Edelstahl Tubulars pay dividends?
There are several potential reasons why Remi Edelstahl Tubulars 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 Remi Edelstahl Tubulars 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 Remi Edelstahl Tubulars 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 Remi Edelstahl Tubulars a dividend aristocrat?
Remi Edelstahl Tubulars 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 Remi Edelstahl Tubulars a dividend king?
Remi Edelstahl Tubulars 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 Remi Edelstahl Tubulars a dividend stock?
No, Remi Edelstahl Tubulars 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 Remi Edelstahl Tubulars stocks?
To buy Remi Edelstahl Tubulars 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 Remi Edelstahl Tubulars 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 Remi Edelstahl Tubulars 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.