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Union Quality Plastics Ltd. engages in the manufacture of polyethylene fabric based products for packaging, shelter, waterproofing, and horticultural applications. Its products include Uni-tarp, Uni-pack, Uni-agro, and high-density polyethylene pots. The company was founded by Zuzar Ahmedally Kathawala on July 28, 1981 and is headquartered in Mumbai, India.

Union Quality Plastics Dividend Announcement

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

Union Quality Plastics Dividend History

Union Quality Plastics Dividend Yield

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

Union Quality Plastics Financial Ratios

P/E ratio-46.06
PEG ratio34.08
P/B ratio-1.51
ROE3.30%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Union Quality Plastics Dividend FAQ

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