Tiger Logistics (India) Ltd. is a holding company, which engages in the provision of freight forwarding services. The firm includes international air freight, international ocean freight, project logistics, customs clearance, supply chain logistics, cold chain logistics, and domestic freight services. Its operates through the Logistics, and Others segments. The company was founded on May 23, 2000 and is headquartered in New Delhi, India.
Tiger Logistics Dividend Announcement
• Tiger Logistics announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2021-12-21. Ex dividend date: 2021-12-01
• Tiger Logistics's trailing twelve-month (TTM) dividend yield is -%
Tiger Logistics Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-12-01 | ₹10.00 | annually | 2021-12-21 |
Tiger Logistics Dividend per year
Tiger Logistics Dividend Yield
Tiger Logistics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tiger Logistics stock? Use our calculator to estimate your expected dividend yield:
Tiger Logistics Financial Ratios
P/E ratio3.83
PEG ratio0.04
P/B ratio0.61
ROE23.47%
Payout ratio0.00%
Current ratio1.96
Quick ratio1.96
Cash Ratio0.07
Tiger Logistics Dividend FAQ
Does Tiger Logistics stock pay dividends?
Tiger Logistics does not currently pay dividends to its shareholders.
Has Tiger Logistics ever paid a dividend?
No, Tiger Logistics has no a history of paying dividends to its shareholders. Tiger Logistics is not known for its dividend payments.
Why doesn't Tiger Logistics pay dividends?
There are several potential reasons why Tiger Logistics 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 Tiger Logistics 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 Tiger Logistics 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 Tiger Logistics a dividend aristocrat?
Tiger Logistics 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 Tiger Logistics a dividend king?
Tiger Logistics 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 Tiger Logistics a dividend stock?
No, Tiger Logistics 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 Tiger Logistics stocks?
To buy Tiger Logistics 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 Tiger Logistics 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 Tiger Logistics 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.