Veer Global Infraconstruction Ltd. engages in the development of real estate properties. It focuses on the development of the residential projects in Vasai-Virar and Palghar District. The company was founded by Vijaybhai Vagjibhai Bhanshali on January 11, 2012 and is headquartered in Thane, India.
Veer Global Infraconstruction Dividend Announcement
• Veer Global Infraconstruction announced a annually dividend of ₹0.10 per ordinary share which will be made payable on 2022-10-29. Ex dividend date: 2022-10-21
• Veer Global Infraconstruction's trailing twelve-month (TTM) dividend yield is -%
Veer Global Infraconstruction Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-10-21 | ₹0.10 | annually | 2022-10-29 |
| 2020-12-18 | ₹0.09 | annually | 2021-01-27 |
Veer Global Infraconstruction Dividend per year
Veer Global Infraconstruction Dividend Yield
Veer Global Infraconstruction current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Veer Global Infraconstruction stock? Use our calculator to estimate your expected dividend yield:
Veer Global Infraconstruction Financial Ratios
P/E ratio179.44
PEG ratio1.79
P/B ratio8.08
ROE4.58%
Payout ratio0.00%
Current ratio2.26
Quick ratio1.72
Cash Ratio0.10
Veer Global Infraconstruction Dividend FAQ
Does Veer Global Infraconstruction stock pay dividends?
Veer Global Infraconstruction does not currently pay dividends to its shareholders.
Has Veer Global Infraconstruction ever paid a dividend?
No, Veer Global Infraconstruction has no a history of paying dividends to its shareholders. Veer Global Infraconstruction is not known for its dividend payments.
Why doesn't Veer Global Infraconstruction pay dividends?
There are several potential reasons why Veer Global Infraconstruction 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 Veer Global Infraconstruction 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 Veer Global Infraconstruction 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 Veer Global Infraconstruction a dividend aristocrat?
Veer Global Infraconstruction 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 Veer Global Infraconstruction a dividend king?
Veer Global Infraconstruction 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 Veer Global Infraconstruction a dividend stock?
No, Veer Global Infraconstruction 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 Veer Global Infraconstruction stocks?
To buy Veer Global Infraconstruction 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 Veer Global Infraconstruction 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 Veer Global Infraconstruction 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.