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Tuticorin Alkali Chemicals & Fertilizers Ltd. engages in the manufactures and selling of ammonium chloride fertilizer, sodium bicarbonate and soda ash. The company was founded on December 3, 1971 and is headquartered in Chennai, India.
Tuticorin Alkali Chemicals and Fertilizers Dividend Announcement
• Tuticorin Alkali Chemicals and Fertilizers announced a annually dividend of ₹1.00 per ordinary share which will be made payable on . Ex dividend date: 2000-02-15
• Tuticorin Alkali Chemicals and Fertilizers's trailing twelve-month (TTM) dividend yield is -%
Tuticorin Alkali Chemicals and Fertilizers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2000-02-15 | ₹1.00 | annually |
Tuticorin Alkali Chemicals and Fertilizers Dividend per year
Tuticorin Alkali Chemicals and Fertilizers Dividend Yield
Tuticorin Alkali Chemicals and Fertilizers current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tuticorin Alkali Chemicals and Fertilizers stock? Use our calculator to estimate your expected dividend yield:
Tuticorin Alkali Chemicals and Fertilizers Financial Ratios
P/E ratio13.93
PEG ratio0.16
P/B ratio8.77
ROE126.66%
Payout ratio0.00%
Current ratio0.92
Quick ratio0.59
Cash Ratio0.04
Tuticorin Alkali Chemicals and Fertilizers Dividend FAQ
Does Tuticorin Alkali Chemicals and Fertilizers stock pay dividends?
Tuticorin Alkali Chemicals and Fertilizers does not currently pay dividends to its shareholders.
Has Tuticorin Alkali Chemicals and Fertilizers ever paid a dividend?
No, Tuticorin Alkali Chemicals and Fertilizers has no a history of paying dividends to its shareholders. Tuticorin Alkali Chemicals and Fertilizers is not known for its dividend payments.
Why doesn't Tuticorin Alkali Chemicals and Fertilizers pay dividends?
There are several potential reasons why Tuticorin Alkali Chemicals and Fertilizers 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 Tuticorin Alkali Chemicals and Fertilizers 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 Tuticorin Alkali Chemicals and Fertilizers 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 Tuticorin Alkali Chemicals and Fertilizers a dividend aristocrat?
Tuticorin Alkali Chemicals and Fertilizers 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 Tuticorin Alkali Chemicals and Fertilizers a dividend king?
Tuticorin Alkali Chemicals and Fertilizers 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 Tuticorin Alkali Chemicals and Fertilizers a dividend stock?
No, Tuticorin Alkali Chemicals and Fertilizers 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 Tuticorin Alkali Chemicals and Fertilizers stocks?
To buy Tuticorin Alkali Chemicals and Fertilizers 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 Tuticorin Alkali Chemicals and Fertilizers 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 Tuticorin Alkali Chemicals and Fertilizers 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.