United Credit Ltd. engages in the provision of non-banking financial services. It deals with hire purchase, leasing, consumer financing, investment, and capital markets business. The firm operates through the following segments: Financing Activity and Renting Activity. The company was founded on July 28, 1970 and is headquartered in Kolkata, India.
United Credit Dividend Announcement
• United Credit announced a annually dividend of ₹0.70 per ordinary share which will be made payable on 2019-10-25. Ex dividend date: 2019-09-19
• United Credit's trailing twelve-month (TTM) dividend yield is -%
United Credit Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2019-09-19 | ₹0.70 | annually | 2019-10-25 |
| 2011-07-14 | ₹0.75 | annually | |
| 2010-07-15 | ₹1.00 | annually | |
| 2008-08-20 | ₹0.90 | annually | |
| 2007-06-15 | ₹0.60 | annually | |
| 2006-06-14 | ₹1.20 | annually | |
| 2005-06-14 | ₹1.60 | annually | |
| 2004-06-14 | ₹1.50 | annually |
United Credit Dividend per year
United Credit Dividend growth
United Credit Dividend Yield
United Credit current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing United Credit stock? Use our calculator to estimate your expected dividend yield:
United Credit Financial Ratios
P/E ratio10.21
PEG ratio-0.88
P/B ratio0.59
ROE11.81%
Payout ratio0.00%
Current ratio132.45
Quick ratio132.45
Cash Ratio6.09
United Credit Dividend FAQ
Does United Credit stock pay dividends?
United Credit does not currently pay dividends to its shareholders.
Has United Credit ever paid a dividend?
No, United Credit has no a history of paying dividends to its shareholders. United Credit is not known for its dividend payments.
Why doesn't United Credit pay dividends?
There are several potential reasons why United Credit 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 United Credit 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 United Credit 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 United Credit a dividend aristocrat?
United Credit 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 United Credit a dividend king?
United Credit 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 United Credit a dividend stock?
No, United Credit 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 United Credit stocks?
To buy United Credit 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 United Credit 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 United Credit 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.