Triveni Glass Ltd. engages in the manufacturing and marketing of glass products. Its products include floats, reflective table tops, figured, and sheet glass. The company was founded by D. N. Agrawal on December 15, 1971 and is headquartered in Allahabad, India.
Triveni Glass Dividend Announcement
• Triveni Glass does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Triveni Glass dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Triveni Glass Dividend History
Triveni Glass Dividend Yield
Triveni Glass current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Triveni Glass stock? Use our calculator to estimate your expected dividend yield:
Triveni Glass Financial Ratios
P/E ratio14.02
PEG ratio2.11
P/B ratio-1.68
ROE-11.66%
Payout ratio0.00%
Current ratio0.19
Quick ratio0.19
Cash Ratio0.00
Triveni Glass Dividend FAQ
Does Triveni Glass stock pay dividends?
Triveni Glass does not currently pay dividends to its shareholders.
Has Triveni Glass ever paid a dividend?
No, Triveni Glass has no a history of paying dividends to its shareholders. Triveni Glass is not known for its dividend payments.
Why doesn't Triveni Glass pay dividends?
There are several potential reasons why Triveni Glass 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 Triveni Glass 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 Triveni Glass 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 Triveni Glass a dividend aristocrat?
Triveni Glass 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 Triveni Glass a dividend king?
Triveni Glass 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 Triveni Glass a dividend stock?
No, Triveni Glass 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 Triveni Glass stocks?
To buy Triveni Glass 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 Triveni Glass 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 Triveni Glass 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.