Tulsyan NEC Ltd. engages in the manufacture of thermo-mechanically treated (TMT) bars and synthetics woven fabrics and sacks. The firm operates through the following segments: Steel Division, Synthetic Division, Power, and Media. Its products include TMT bars, sponge iron, billets, ingots, polypropylene woven sacks, flexible intermediary bulk containers, and woven fabric. The company was founded on April 11, 1947 and is headquartered in Chennai, India.
Tulsyan NEC Dividend Announcement
• Tulsyan NEC announced a semi annually dividend of ₹1.50 per ordinary share which will be made payable on . Ex dividend date: 2012-09-20
• Tulsyan NEC's trailing twelve-month (TTM) dividend yield is -%
Tulsyan NEC Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2012-09-20 | ₹1.50 | semi annually | |
| 2011-09-05 | ₹1.00 | semi annually | |
| 2011-02-07 | ₹1.00 | semi annually | |
| 2010-06-07 | ₹2.00 | semi annually | |
| 2009-09-07 | ₹2.00 | semi annually | |
| 2008-08-28 | ₹2.00 | semi annually | |
| 2007-03-29 | ₹1.50 | semi annually | |
| 2006-09-14 | ₹1.40 | semi annually | |
| 2005-08-12 | ₹1.20 | semi annually | |
| 2004-09-22 | ₹0.80 | semi annually | |
| 2003-09-23 | ₹0.70 | semi annually | |
| 2002-09-25 | ₹0.70 | semi annually |
Tulsyan NEC Dividend per year
Tulsyan NEC Dividend growth
Tulsyan NEC Dividend Yield
Tulsyan NEC current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tulsyan NEC stock? Use our calculator to estimate your expected dividend yield:
Tulsyan NEC Financial Ratios
P/E ratio-3.26
PEG ratio0.01
P/B ratio0.37
ROE-10.83%
Payout ratio0.00%
Current ratio0.85
Quick ratio0.64
Cash Ratio0.00
Tulsyan NEC Dividend FAQ
Does Tulsyan NEC stock pay dividends?
Tulsyan NEC does not currently pay dividends to its shareholders.
Has Tulsyan NEC ever paid a dividend?
No, Tulsyan NEC has no a history of paying dividends to its shareholders. Tulsyan NEC is not known for its dividend payments.
Why doesn't Tulsyan NEC pay dividends?
There are several potential reasons why Tulsyan NEC 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 Tulsyan NEC 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 Tulsyan NEC 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 Tulsyan NEC a dividend aristocrat?
Tulsyan NEC 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 Tulsyan NEC a dividend king?
Tulsyan NEC 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 Tulsyan NEC a dividend stock?
No, Tulsyan NEC 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 Tulsyan NEC stocks?
To buy Tulsyan NEC 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 Tulsyan NEC 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 Tulsyan NEC 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.