Velan Hotels Ltd. engages in the business of owning and managing hotels and restaurants. The firm operates through the Hotel and Shopping Arcade segments. The company was founded on March 21, 1990 and is headquartered in Tirupur, India.
Velan Hotels Dividend Announcement
• Velan Hotels announced a annually dividend of ₹0.81 per ordinary share which will be made payable on . Ex dividend date: 2011-08-08
• Velan Hotels's trailing twelve-month (TTM) dividend yield is -%
Velan Hotels Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-08-08 | ₹0.81 | annually | |
| 2010-08-30 | ₹0.75 | annually | |
| 2009-09-17 | ₹0.50 | annually | |
| 2008-08-21 | ₹0.30 | annually |
Velan Hotels Dividend per year
Velan Hotels Dividend growth
Velan Hotels Dividend Yield
Velan Hotels current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Velan Hotels stock? Use our calculator to estimate your expected dividend yield:
Velan Hotels Financial Ratios
P/E ratio-18.34
PEG ratio1.15
P/B ratio4.26
ROE-20.95%
Payout ratio0.00%
Current ratio0.37
Quick ratio0.37
Cash Ratio0.00
Velan Hotels Dividend FAQ
Does Velan Hotels stock pay dividends?
Velan Hotels does not currently pay dividends to its shareholders.
Has Velan Hotels ever paid a dividend?
No, Velan Hotels has no a history of paying dividends to its shareholders. Velan Hotels is not known for its dividend payments.
Why doesn't Velan Hotels pay dividends?
There are several potential reasons why Velan Hotels 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 Velan Hotels 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 Velan Hotels 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 Velan Hotels a dividend aristocrat?
Velan Hotels 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 Velan Hotels a dividend king?
Velan Hotels 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 Velan Hotels a dividend stock?
No, Velan Hotels 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 Velan Hotels stocks?
To buy Velan Hotels 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 Velan Hotels 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 Velan Hotels 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.