company-logo

Tata Teleservices (Maharashtra) Limited provides wireline voice, data, and managed telecom services to enterprise customers in Maharashtra and Goa, India. The company provides its connectivity and communication solutions under the Tata Tele Business Services brand name. It offers cloud and software as a services comprising content delivery network, digital survey, document management, cloud CRM, SmartFlo, fee collection, and live chat services; collaboration services, such as audio and web conferencing, international bridging, and webcasting services; data services, including business broadband, secure cloud connect, hub connect, Tata Tele Wi-Fi, smart VPN, Internet lease line connection, L2 multicast, and leased line; and voice services comprising PRI, centrex, SIP trunk, and SmartOffice, a business connectivity solution. The company also provides Internet of Things solutions comprising asset management, fleet management tracking, school bus tracking, and workforce management solutions; marketing solutions, such as call register, digital survey, hosted OBD and IVR, SMS solutions, and toll-free services; and cyber security solutions comprising email security, endpoint security, multifactor authentication, virtual firewall, and web security solutions. As of March 31, 2021, it had 17,000 kilometers of optical fiber transmission network. The company was incorporated in 1995 and is based in Navi Mumbai, India.

Tata Telese Services Dividend Announcement

Tata Telese Services does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Tata Telese Services dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Tata Telese Services Dividend History

Tata Telese Services Dividend Yield

Tata Telese Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tata Telese Services stock? Use our calculator to estimate your expected dividend yield:

Tata Telese Services Financial Ratios

P/E ratio-12.74
PEG ratio5.99
P/B ratio-0.85
ROE6.63%
Payout ratio0.00%
Current ratio0.05
Quick ratio0.05
Cash Ratio0.00

Tata Telese Services Dividend FAQ

Does Tata Telese Services stock pay dividends?
Tata Telese Services does not currently pay dividends to its shareholders.
Has Tata Telese Services ever paid a dividend?
No, Tata Telese Services has no a history of paying dividends to its shareholders. Tata Telese Services is not known for its dividend payments.
Why doesn't Tata Telese Services pay dividends?
There are several potential reasons why Tata Telese Services 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.
Will Tata Telese Services 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 Tata Telese Services 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 Tata Telese Services a dividend aristocrat?
Tata Telese Services 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 Tata Telese Services a dividend king?
Tata Telese Services 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 Tata Telese Services a dividend stock?
No, Tata Telese Services 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 Tata Telese Services stocks?
To buy Tata Telese Services 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 Tata Telese Services 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.