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Tirupati Forge Limited manufactures and sells carbon steel forged flanges, and forged and other automotive components in India. The company provides slip-on, weld-neck, blind, lap-joint, threaded, and socket weld flanges; and din, conical, and plate flanges. It also offers auto parts, bearings, gears, crank shafts, hammer unions, forged pipe fittings, and seamless rolled rings. The company offers its products under the Tirupati brand name. It exports its forging products to the United States, as well as European and African countries. The company was incorporated in 2012 and is based in Rajkot, India.

Tirupati Forge Dividend Announcement

• Tirupati Forge announced a annually dividend of ₹0.02 per ordinary share which will be made payable on 2021-09-20. Ex dividend date: 2021-08-12
• Tirupati Forge's trailing twelve-month (TTM) dividend yield is -%

Tirupati Forge Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-08-12₹0.02annually2021-09-20

Tirupati Forge Dividend per year

Tirupati Forge Dividend Yield

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

Tirupati Forge Financial Ratios

P/E ratio68.31
PEG ratio0.68
P/B ratio11.09
ROE18.25%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Tirupati Forge Dividend FAQ

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