Riba Textiles Ltd. engages in the manufacture of terry towels and tufted rugs. Its products include Bath Towels, Beach Towels & Tufted Bath Mats. The company was founded on January 4, 1989 and is headquartered in New Delhi, India.
Riba Textiles Dividend Announcement
• Riba Textiles does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Riba Textiles dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Riba Textiles Dividend History
Riba Textiles Dividend Yield
Riba Textiles current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Riba Textiles stock? Use our calculator to estimate your expected dividend yield:
Riba Textiles Financial Ratios
P/E ratio10.16
PEG ratio-0.32
P/B ratio0.91
ROE18.30%
Payout ratio0.00%
Current ratio1.33
Quick ratio0.92
Cash Ratio0.08
Riba Textiles Dividend FAQ
Does Riba Textiles stock pay dividends?
Riba Textiles does not currently pay dividends to its shareholders.
Has Riba Textiles ever paid a dividend?
No, Riba Textiles has no a history of paying dividends to its shareholders. Riba Textiles is not known for its dividend payments.
Why doesn't Riba Textiles pay dividends?
There are several potential reasons why Riba Textiles 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 Riba Textiles 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 Riba Textiles 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 Riba Textiles a dividend aristocrat?
Riba Textiles 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 Riba Textiles a dividend king?
Riba Textiles 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 Riba Textiles a dividend stock?
No, Riba Textiles 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 Riba Textiles stocks?
To buy Riba Textiles 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 Riba Textiles 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 Riba Textiles 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.