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Vascon Engineers Limited provides engineering, procurement, and construction (EPC) services in India. It operates through EPC, Real Estate Development, and Manufacturing & Building Management System (BMS) segments. The company constructs residential, commercial, industrial, institutional, hospitals, and hospitality projects; and develops residential properties, hotel premises, industrial parks, malls and multiplexes, hospitals, and schools, hospitality and community welfare centres. It also manufactures clean room partitions and BMS. Vascon Engineers Limited was incorporated in 1986 and is based in Pune, India.

Vascon Engineers Dividend Announcement

• Vascon Engineers announced a annually dividend of ₹0.25 per ordinary share which will be made payable on 2023-09-07. Ex dividend date: 2023-08-21
• Vascon Engineers annual dividend for 2023 was ₹0.25
• Vascon Engineers's trailing twelve-month (TTM) dividend yield is -%

Vascon Engineers Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-08-21₹0.25annually2023-09-07
2011-09-14₹1.00annually2011-10-27

Vascon Engineers Dividend per year

Vascon Engineers Dividend Yield

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

Vascon Engineers Financial Ratios

P/E ratio21.89
PEG ratio0.15
P/B ratio1.21
ROE5.63%
Payout ratio0.00%
Current ratio1.69
Quick ratio1.10
Cash Ratio0.03

Vascon Engineers Dividend FAQ

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