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Texmo Pipes and Products Limited manufactures and trades in plastic products in India and internationally. It provides CPVC, SWR, and plumbing pipes and fittings; submersible column pipes; rigid PVC pipes and agricultural fittings; casing pipes for tube wells; HDPE coils; PLB HDPE ducts; and HDPE sprinkler pipes and fittings. The company also offers drip irrigation systems; suction hoses; garden and conduit pipes; and solvent cement products for joining RPVC pipes and fittings under the TEXMO brand. It serves customers in government and semi government organizations, and private sector. The company was formerly known as Shree Mohit Industries and changed its name to Texmo Pipes and Products Limited in July 2008. Texmo Pipes and Products Limited was founded in 1999 and is headquartered in Burhanpur, India.

Texmo Pipes and Products Dividend Announcement

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

Texmo Pipes and Products Dividend History

Texmo Pipes and Products Dividend Yield

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

Texmo Pipes and Products Financial Ratios

P/E ratio192.15
PEG ratio12.98
P/B ratio1.03
ROE0.55%
Payout ratio0.00%
Current ratio2.00
Quick ratio1.19
Cash Ratio0.13

Texmo Pipes and Products Dividend FAQ

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