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Transgene Biotek Ltd. is a biotechnology company, which manufactures and sells diagnostic kits. It involves in the production and oral formulation of different proteins using TrabiORAL technology. The firm's products portfolio includes TrabiDHA, Tacrolimus, and Orlistat. The company was founded by K. Koteswara Rao in 1991 and is headquartered in Hyderabad, India.

Transgene Biotek Dividend Announcement

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

Transgene Biotek Dividend History

Transgene Biotek Dividend Yield

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

Transgene Biotek Financial Ratios

P/E ratio-151.50
PEG ratio-7.24
P/B ratio-7.16
ROE-4.86%
Payout ratio0.00%
Current ratio0.10
Quick ratio0.10
Cash Ratio0.00

Transgene Biotek Dividend FAQ

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