Universal Autofoundry Ltd. engages in the manufacture of iron castings. Its products include Engine Bearing Caps Blocks, Differential Cases, Wheel Hubs, Flywheels, Adaptor Plates, Left Arms and Anchor Body. The company was founded on October 8, 2009 and is headquartered in Jaipur, India.
Universal Autofoundry Dividend Announcement
• Universal Autofoundry announced a semi annually dividend of ₹0.50 per ordinary share which will be made payable on 2021-10-17. Ex dividend date: 2021-09-30
• Universal Autofoundry's trailing twelve-month (TTM) dividend yield is -%
Universal Autofoundry Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-09-30 | ₹0.50 | semi annually | 2021-10-17 |
| 2021-09-08 | ₹0.62 | semi annually |
Universal Autofoundry Dividend per year
Universal Autofoundry Dividend Yield
Universal Autofoundry current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Universal Autofoundry stock? Use our calculator to estimate your expected dividend yield:
Universal Autofoundry Financial Ratios
P/E ratio77.83
PEG ratio0.78
P/B ratio2.56
ROE7.09%
Payout ratio0.00%
Current ratio1.58
Quick ratio1.11
Cash Ratio0.00
Universal Autofoundry Dividend FAQ
Does Universal Autofoundry stock pay dividends?
Universal Autofoundry does not currently pay dividends to its shareholders.
Has Universal Autofoundry ever paid a dividend?
No, Universal Autofoundry has no a history of paying dividends to its shareholders. Universal Autofoundry is not known for its dividend payments.
Why doesn't Universal Autofoundry pay dividends?
There are several potential reasons why Universal Autofoundry 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 Universal Autofoundry 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 Universal Autofoundry 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 Universal Autofoundry a dividend aristocrat?
Universal Autofoundry 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 Universal Autofoundry a dividend king?
Universal Autofoundry 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 Universal Autofoundry a dividend stock?
No, Universal Autofoundry 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 Universal Autofoundry stocks?
To buy Universal Autofoundry 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 Universal Autofoundry 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 Universal Autofoundry 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.