Taneja Aerospace & Aviation Ltd. engages in the manufacture and sale of general aviation products. The firm also provides airfield and consulting services. It operates through the following segments: Aviation and Trading of Electrical Goods. The company was founded in 1998 and is headquartered in Hosur, India.
Taneja Aerospace and Aviation Dividend Announcement
• Taneja Aerospace and Aviation announced a quarterly dividend of ₹1.50 per ordinary share which will be made payable on 2023-12-03. Ex dividend date: 2023-11-13
• Taneja Aerospace and Aviation annual dividend for 2023 was ₹6.00
• Taneja Aerospace and Aviation's trailing twelve-month (TTM) dividend yield is 0.36%
Taneja Aerospace and Aviation Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-11-13 | ₹1.50 | quarterly | 2023-12-03 |
| 2023-08-08 | ₹2.50 | quarterly | 2023-08-27 |
| 2023-02-02 | ₹2.00 | quarterly | 2023-02-23 |
| 2022-05-19 | ₹2.00 | quarterly | 2022-06-13 |
| 2022-03-02 | ₹0.50 | quarterly | 2022-03-23 |
Taneja Aerospace and Aviation Dividend per year
Taneja Aerospace and Aviation Dividend Yield
Taneja Aerospace and Aviation current trailing twelve-month (TTM) dividend yield is 0.36%. Interested in purchasing Taneja Aerospace and Aviation stock? Use our calculator to estimate your expected dividend yield:
Taneja Aerospace and Aviation Financial Ratios
P/E ratio84.92
PEG ratio0.98
P/B ratio7.74
ROE13.32%
Payout ratio0.00%
Current ratio3.17
Quick ratio3.16
Cash Ratio1.52
Taneja Aerospace and Aviation Dividend FAQ
Does Taneja Aerospace and Aviation stock pay dividends?
Taneja Aerospace and Aviation does not currently pay dividends to its shareholders.
Has Taneja Aerospace and Aviation ever paid a dividend?
No, Taneja Aerospace and Aviation has no a history of paying dividends to its shareholders. Taneja Aerospace and Aviation is not known for its dividend payments.
Why doesn't Taneja Aerospace and Aviation pay dividends?
There are several potential reasons why Taneja Aerospace and Aviation 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 Taneja Aerospace and Aviation 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 Taneja Aerospace and Aviation 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 Taneja Aerospace and Aviation a dividend aristocrat?
Taneja Aerospace and Aviation 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 Taneja Aerospace and Aviation a dividend king?
Taneja Aerospace and Aviation 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 Taneja Aerospace and Aviation a dividend stock?
No, Taneja Aerospace and Aviation 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 Taneja Aerospace and Aviation stocks?
To buy Taneja Aerospace and Aviation 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 Taneja Aerospace and Aviation 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 Taneja Aerospace and Aviation 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.