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Tejas Networks Limited designs, develops, manufactures, and sells optical, data networking, and wireless products to telecommunications and internet service providers, web-scale internet companies, utility and defense companies, and government entities in India and internationally. It offers TJ1400-1 OLT, a pizza box GPON OLT that provides broadband solutions; TJ1400 OLT, a GPON/XGS-PON based fiber access for FTTH and FTTB services with various end-user ONT devices; and TJ2100N ONT, a series of advanced GPON/XGS-PON ONT elements designed for optical access networks deployed in FTTH and FTTB formats. The company also provides TJ1400, an ultra-converged broadband designed for cost-optimized delivery of mobile backhaul, broadband access, enterprise, and network modernization; TJ1600, an optical transport platform that enables support of applications and services, including mobile backhaul networks, business connectivity, and broadband and access infrastructure; and TJ1270 MSPP, a multi-service provisioning platform. In addition, it offers TJ1400 products designed for access and aggregation applications in the network. Further, the company provides enterprise Ethernet switches, such as TJ1400P-M1 portfolio of Layer2+ switches; TJ1400P M3 and TJ1400P M2 switching products optimized for LAN and metro applications; TJ1400P access routers; and TJ1400, an aggregation/core service router. Additionally, it provides TJ1400-7, an ultra-converged broadband access platform, which supports optical transport with multi-service access and LTE; TJ1602W, a 4G/LTE Macro eNodeB solution on the TJ1600-2 platform; TJ6003W, a 4G/LTE packet core EPC solution; and TJ5500, a network management system. The company was formerly known as Tejas Networks India Limited and changed its name to Tejas Networks Limited in March 2008. Tejas Networks Limited was incorporated in 2000 and is based in Bengaluru, India.

Tejas Networks Dividend Announcement

• Tejas Networks announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2019-08-24. Ex dividend date: 2019-07-17
• Tejas Networks's trailing twelve-month (TTM) dividend yield is -%

Tejas Networks Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-07-17₹1.00annually2019-08-24

Tejas Networks Dividend per year

Tejas Networks Dividend Yield

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

Tejas Networks Financial Ratios

P/E ratio49.53
PEG ratio0.50
P/B ratio6.05
ROE13.96%
Payout ratio0.00%
Current ratio1.35
Quick ratio0.81
Cash Ratio0.02

Tejas Networks Dividend FAQ

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