Tokyo Plast International Limited designs, manufactures, and sells thermo food containers and coolers under the PINNACLE brand name in India and internationally. The company provides insulated water jugs, outdoor ice boxes, cooler jugs, ice cooler chests, insulated casseroles, and food warmers. It also exports its products. The company was incorporated in 1992 is headquartered in Mumbai, India.
Tokyo Plast International Dividend Announcement
• Tokyo Plast International announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2017-10-28. Ex dividend date: 2017-09-19
• Tokyo Plast International's trailing twelve-month (TTM) dividend yield is -%
Tokyo Plast International Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-09-19 | ₹0.50 | annually | 2017-10-28 |
Tokyo Plast International Dividend per year
Tokyo Plast International Dividend Yield
Tokyo Plast International current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tokyo Plast International stock? Use our calculator to estimate your expected dividend yield:
Tokyo Plast International Financial Ratios
P/E ratio137.36
PEG ratio25.46
P/B ratio1.99
ROE1.47%
Payout ratio0.00%
Current ratio1.58
Quick ratio1.04
Cash Ratio0.02
Tokyo Plast International Dividend FAQ
Does Tokyo Plast International stock pay dividends?
Tokyo Plast International does not currently pay dividends to its shareholders.
Has Tokyo Plast International ever paid a dividend?
No, Tokyo Plast International has no a history of paying dividends to its shareholders. Tokyo Plast International is not known for its dividend payments.
Why doesn't Tokyo Plast International pay dividends?
There are several potential reasons why Tokyo Plast International 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 Tokyo Plast International 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 Tokyo Plast International 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 Tokyo Plast International a dividend aristocrat?
Tokyo Plast International 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 Tokyo Plast International a dividend king?
Tokyo Plast International 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 Tokyo Plast International a dividend stock?
No, Tokyo Plast International 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 Tokyo Plast International stocks?
To buy Tokyo Plast International 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 Tokyo Plast International 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 Tokyo Plast International 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.