Scoobee Day Garments (India) Ltd. engages in the business of manufacturing and sale of paper and paper boards. The company was founded on August 9, 1994 and is headquartered in Ernakulam, India.
SCOOBEE DAY GARMENTS L Dividend Announcement
• SCOOBEE DAY GARMENTS L does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on SCOOBEE DAY GARMENTS L dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
SCOOBEE DAY GARMENTS L Dividend History
SCOOBEE DAY GARMENTS L Dividend Yield
SCOOBEE DAY GARMENTS L current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing SCOOBEE DAY GARMENTS L stock? Use our calculator to estimate your expected dividend yield:
SCOOBEE DAY GARMENTS L Financial Ratios
P/E ratio44.10
PEG ratio0.49
P/B ratio34.89
ROE117.78%
Payout ratio0.00%
Current ratio0.24
Quick ratio0.10
Cash Ratio0.00
SCOOBEE DAY GARMENTS L Dividend FAQ
Does SCOOBEE DAY GARMENTS L stock pay dividends?
SCOOBEE DAY GARMENTS L does not currently pay dividends to its shareholders.
Has SCOOBEE DAY GARMENTS L ever paid a dividend?
No, SCOOBEE DAY GARMENTS L has no a history of paying dividends to its shareholders. SCOOBEE DAY GARMENTS L is not known for its dividend payments.
Why doesn't SCOOBEE DAY GARMENTS L pay dividends?
There are several potential reasons why SCOOBEE DAY GARMENTS L 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 SCOOBEE DAY GARMENTS L 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 SCOOBEE DAY GARMENTS L 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 SCOOBEE DAY GARMENTS L a dividend aristocrat?
SCOOBEE DAY GARMENTS L 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 SCOOBEE DAY GARMENTS L a dividend king?
SCOOBEE DAY GARMENTS L 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 SCOOBEE DAY GARMENTS L a dividend stock?
No, SCOOBEE DAY GARMENTS L 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 SCOOBEE DAY GARMENTS L stocks?
To buy SCOOBEE DAY GARMENTS L 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 SCOOBEE DAY GARMENTS L 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 SCOOBEE DAY GARMENTS L 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.