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Varroc Engineering Limited designs, manufactures, and supplies exterior lighting systems, plastic and polymer components, electrical and electronics components, and precision metallic components worldwide. It operates through Automotive and Others segments. The company offers unpainted and painted body parts; exterior and interior systems; seating systems; mirror systems; air filters; automotive accessories; lighting systems; instrument clusters; catalytic converters; switches; motors and magnetos; electronics; traction motors and controllers; DC-DC converters; and engine valves. It also provides precision, forged, and machined parts for engine and transmissions to two-wheeler, three-wheeler, four-wheeler, commercial vehicle, off-highway, earthmoving, and oil drilling application; and transmission gears and assemblies, crankpins, connecting rods, flanges, ring gears, crankshafts, camshafts, knuckles, front axle beams, hydraulic shafts, heavy undercarriage parts, and drill bits and cones, as well as head and signal lamps. The company serves passenger car, commercial vehicle, two-wheeler, three-wheeler, and off-highway vehicle original equipment manufacturers. Varroc Engineering Limited was incorporated in 1988 and is headquartered in Aurangabad, India.

Varroc Engineering Dividend Announcement

• Varroc Engineering announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2020-03-14. Ex dividend date: 2020-02-25
• Varroc Engineering's trailing twelve-month (TTM) dividend yield is -%

Varroc Engineering Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-02-25₹3.00annually2020-03-14
2019-08-08₹4.00annually2019-09-08

Varroc Engineering Dividend per year

Varroc Engineering Dividend Yield

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

Varroc Engineering Financial Ratios

P/E ratio14.86
PEG ratio0.24
P/B ratio4.88
ROE37.05%
Payout ratio0.00%
Current ratio0.81
Quick ratio0.47
Cash Ratio0.05

Varroc Engineering Dividend FAQ

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