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TenX Keane Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on target businesses operating in Asia, excluding companies located or operating in mainland China, Hong Kong, or Macau. The company was founded in 2021 and is based in New York, New York.

TenX Keane Acquisition Dividend Announcement

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

TenX Keane Acquisition Dividend History

TenX Keane Acquisition Dividend Yield

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

TenX Keane Acquisition Financial Ratios

P/E ratio139.35
PEG ratio1.39
P/B ratio5.84
ROE3.33%
Payout ratio0.00%
Current ratio0.01
Quick ratio0.01
Cash Ratio0.00

TenX Keane Acquisition Dividend FAQ

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