Thakkers Developers Ltd. is a holding company, which engages in construction and real estate development. It operates through the Construction and Contract Related Activity; and Estate Dealing and Development Activity segments. The company was founded by Manohardas Thakker on March 30, 1987 and is headquartered in Nashik, India.
Thakkers Developers Dividend Announcement
• Thakkers Developers announced a annually dividend of ₹1.40 per ordinary share which will be made payable on . Ex dividend date: 2013-09-17
• Thakkers Developers's trailing twelve-month (TTM) dividend yield is -%
Thakkers Developers Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-09-17 | ₹1.40 | annually | |
| 2012-09-07 | ₹1.30 | annually | |
| 2011-09-08 | ₹1.20 | annually | |
| 2008-09-15 | ₹1.10 | annually | |
| 2007-09-26 | ₹1.00 | annually |
Thakkers Developers Dividend per year
Thakkers Developers Dividend growth
Thakkers Developers Dividend Yield
Thakkers Developers current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Thakkers Developers stock? Use our calculator to estimate your expected dividend yield:
Thakkers Developers Financial Ratios
P/E ratio-100.93
PEG ratio-3.03
P/B ratio1.24
ROE-1.22%
Payout ratio0.00%
Current ratio5.53
Quick ratio1.45
Cash Ratio0.12
Thakkers Developers Dividend FAQ
Does Thakkers Developers stock pay dividends?
Thakkers Developers does not currently pay dividends to its shareholders.
Has Thakkers Developers ever paid a dividend?
No, Thakkers Developers has no a history of paying dividends to its shareholders. Thakkers Developers is not known for its dividend payments.
Why doesn't Thakkers Developers pay dividends?
There are several potential reasons why Thakkers Developers 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 Thakkers Developers 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 Thakkers Developers 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 Thakkers Developers a dividend aristocrat?
Thakkers Developers 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 Thakkers Developers a dividend king?
Thakkers Developers 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 Thakkers Developers a dividend stock?
No, Thakkers Developers 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 Thakkers Developers stocks?
To buy Thakkers Developers 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 Thakkers Developers 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 Thakkers Developers 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.