United Van Der Horst Ltd. engages in the manufacture of hydraulic cylinders. It operates through the following segments: Manufacturing, Unallocated and Reconditioning. It also provides accessories and services ranging from insitu machining, equipment overall, and spare parts supply. The company was founded on July 22, 1987 and is headquartered in Mumbai, India.
United Van Der Horst Dividend Announcement
• United Van Der Horst announced a quarterly dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-27
• United Van Der Horst annual dividend for 2024 was ₹3.00
• United Van Der Horst's trailing twelve-month (TTM) dividend yield is 1.48%
United Van Der Horst Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-27 | ₹0.50 | quarterly | 2024-10-27 |
| 2024-09-20 | ₹0.50 | quarterly | 2024-10-27 |
| 2024-02-21 | ₹2.00 | quarterly |
United Van Der Horst Dividend per year
United Van Der Horst Dividend Yield
United Van Der Horst current trailing twelve-month (TTM) dividend yield is 1.48%. Interested in purchasing United Van Der Horst stock? Use our calculator to estimate your expected dividend yield:
United Van Der Horst Financial Ratios
P/E ratio112.23
PEG ratio5.58
P/B ratio3.25
ROE3.36%
Payout ratio0.00%
Current ratio1.76
Quick ratio1.18
Cash Ratio0.04
United Van Der Horst Dividend FAQ
Does United Van Der Horst stock pay dividends?
United Van Der Horst does not currently pay dividends to its shareholders.
Has United Van Der Horst ever paid a dividend?
No, United Van Der Horst has no a history of paying dividends to its shareholders. United Van Der Horst is not known for its dividend payments.
Why doesn't United Van Der Horst pay dividends?
There are several potential reasons why United Van Der Horst 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 Van Der Horst 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 Van Der Horst 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 Van Der Horst a dividend aristocrat?
United Van Der Horst 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 Van Der Horst a dividend king?
United Van Der Horst 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 Van Der Horst a dividend stock?
No, United Van Der Horst 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 Van Der Horst stocks?
To buy United Van Der Horst 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 Van Der Horst 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 Van Der Horst 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.