Tasty Dairy Specialities Ltd. engages in the manufacture and distribution of dairy products. It offers a range of products including liquid milk, butter, desi ghee, milk powder, paneer, khoya, peda, instant gulab jamun mix, and mithai. The company was founded by Atul Mehra on July 30, 1992 and is headquartered in Kanpur, India.
Tasty Dairy Specialities Dividend Announcement
• Tasty Dairy Specialities does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Tasty Dairy Specialities dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Tasty Dairy Specialities Dividend History
Tasty Dairy Specialities Dividend Yield
Tasty Dairy Specialities current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tasty Dairy Specialities stock? Use our calculator to estimate your expected dividend yield:
Tasty Dairy Specialities Financial Ratios
P/E ratio-0.47
PEG ratio-0.00
P/B ratio-1.17
ROE-538.09%
Payout ratio0.00%
Current ratio0.18
Quick ratio0.15
Cash Ratio0.01
Tasty Dairy Specialities Dividend FAQ
Does Tasty Dairy Specialities stock pay dividends?
Tasty Dairy Specialities does not currently pay dividends to its shareholders.
Has Tasty Dairy Specialities ever paid a dividend?
No, Tasty Dairy Specialities has no a history of paying dividends to its shareholders. Tasty Dairy Specialities is not known for its dividend payments.
Why doesn't Tasty Dairy Specialities pay dividends?
There are several potential reasons why Tasty Dairy Specialities 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 Tasty Dairy Specialities 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 Tasty Dairy Specialities 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 Tasty Dairy Specialities a dividend aristocrat?
Tasty Dairy Specialities 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 Tasty Dairy Specialities a dividend king?
Tasty Dairy Specialities 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 Tasty Dairy Specialities a dividend stock?
No, Tasty Dairy Specialities 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 Tasty Dairy Specialities stocks?
To buy Tasty Dairy Specialities 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 Tasty Dairy Specialities 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 Tasty Dairy Specialities 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.