Softrak Venture Investment Ltd. engages in the business of investment activity. The company was founded on December 24, 1993 and is headquartered in Ahmedabad, India.
SOFTRAK VENTURE INVESTMENT Dividend Announcement
• SOFTRAK VENTURE INVESTMENT announced a annually dividend of ₹0.05 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• SOFTRAK VENTURE INVESTMENT annual dividend for 2024 was ₹0.05
• SOFTRAK VENTURE INVESTMENT's trailing twelve-month (TTM) dividend yield is 0.2%
SOFTRAK VENTURE INVESTMENT Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-23 | ₹0.05 | annually | 2024-10-30 |
SOFTRAK VENTURE INVESTMENT Dividend per year
SOFTRAK VENTURE INVESTMENT Dividend Yield
SOFTRAK VENTURE INVESTMENT current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing SOFTRAK VENTURE INVESTMENT stock? Use our calculator to estimate your expected dividend yield:
SOFTRAK VENTURE INVESTMENT Financial Ratios
P/E ratio0.00
PEG ratio0.00
P/B ratio0.00
ROE0.02%
Payout ratio0.00%
Current ratio1710.30
Quick ratio1710.30
Cash Ratio3.23
SOFTRAK VENTURE INVESTMENT Dividend FAQ
Does SOFTRAK VENTURE INVESTMENT stock pay dividends?
SOFTRAK VENTURE INVESTMENT does not currently pay dividends to its shareholders.
Has SOFTRAK VENTURE INVESTMENT ever paid a dividend?
No, SOFTRAK VENTURE INVESTMENT has no a history of paying dividends to its shareholders. SOFTRAK VENTURE INVESTMENT is not known for its dividend payments.
Why doesn't SOFTRAK VENTURE INVESTMENT pay dividends?
There are several potential reasons why SOFTRAK VENTURE INVESTMENT 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 SOFTRAK VENTURE INVESTMENT 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 SOFTRAK VENTURE INVESTMENT 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 SOFTRAK VENTURE INVESTMENT a dividend aristocrat?
SOFTRAK VENTURE INVESTMENT 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 SOFTRAK VENTURE INVESTMENT a dividend king?
SOFTRAK VENTURE INVESTMENT 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 SOFTRAK VENTURE INVESTMENT a dividend stock?
No, SOFTRAK VENTURE INVESTMENT 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 SOFTRAK VENTURE INVESTMENT stocks?
To buy SOFTRAK VENTURE INVESTMENT 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 SOFTRAK VENTURE INVESTMENT 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 SOFTRAK VENTURE INVESTMENT 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.