Rishi Laser Ltd. manufactures fabricated sheet metal components. It operates through the following segments: Automotive, Construction Equipment, Power and Rail Transport. The company was founded on April 20, 1992 and is headquartered in Mumbai, India.
Rishi Laser Dividend Announcement
• Rishi Laser announced a annually dividend of ₹1.25 per ordinary share which will be made payable on . Ex dividend date: 2011-09-19
• Rishi Laser's trailing twelve-month (TTM) dividend yield is -%
Rishi Laser Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-09-19 | ₹1.25 | annually | |
| 2008-09-08 | ₹2.00 | annually | |
| 2007-09-18 | ₹2.00 | annually | |
| 2006-09-19 | ₹2.00 | annually | |
| 2005-09-16 | ₹1.75 | annually | |
| 2004-09-13 | ₹1.25 | annually |
Rishi Laser Dividend per year
Rishi Laser Dividend growth
Rishi Laser Dividend Yield
Rishi Laser current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rishi Laser stock? Use our calculator to estimate your expected dividend yield:
Rishi Laser Financial Ratios
P/E ratio17.73
PEG ratio1.28
P/B ratio2.70
ROE16.69%
Payout ratio0.00%
Current ratio1.17
Quick ratio0.81
Cash Ratio0.24
Rishi Laser Dividend FAQ
Does Rishi Laser stock pay dividends?
Rishi Laser does not currently pay dividends to its shareholders.
Has Rishi Laser ever paid a dividend?
No, Rishi Laser has no a history of paying dividends to its shareholders. Rishi Laser is not known for its dividend payments.
Why doesn't Rishi Laser pay dividends?
There are several potential reasons why Rishi Laser 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 Rishi Laser 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 Rishi Laser 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 Rishi Laser a dividend aristocrat?
Rishi Laser 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 Rishi Laser a dividend king?
Rishi Laser 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 Rishi Laser a dividend stock?
No, Rishi Laser 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 Rishi Laser stocks?
To buy Rishi Laser 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 Rishi Laser 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 Rishi Laser 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.