Vijay Textiles Ltd. engages in the dyeing and printing of textile fabrics and yarn. It also manufactures all types of bed linens, curtain fabrics, and all home furnishing products. The company was founded on February 2, 1990 and is headquartered in Hyderabad, India.
Vijay Textiles Dividend Announcement
• Vijay Textiles announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2018-10-28. Ex dividend date: 2018-09-19
• Vijay Textiles's trailing twelve-month (TTM) dividend yield is -%
Vijay Textiles Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2018-09-19 | ₹1.00 | annually | 2018-10-28 |
| 2011-07-22 | ₹0.10 | annually | |
| 2010-09-17 | ₹0.08 | annually | |
| 2009-09-17 | ₹0.10 | annually | |
| 2008-09-19 | ₹0.15 | annually | |
| 2007-09-18 | ₹0.17 | annually | |
| 2006-09-20 | ₹0.10 | annually | |
| 2006-04-12 | ₹0.07 | annually | |
| 2005-03-03 | ₹0.40 | annually |
Vijay Textiles Dividend per year
Vijay Textiles Dividend growth
Vijay Textiles Dividend Yield
Vijay Textiles current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Vijay Textiles stock? Use our calculator to estimate your expected dividend yield:
Vijay Textiles Financial Ratios
P/E ratio-1.01
PEG ratio-0.05
P/B ratio0.52
ROE-63.66%
Payout ratio0.00%
Current ratio2.07
Quick ratio1.26
Cash Ratio0.08
Vijay Textiles Dividend FAQ
Does Vijay Textiles stock pay dividends?
Vijay Textiles does not currently pay dividends to its shareholders.
Has Vijay Textiles ever paid a dividend?
No, Vijay Textiles has no a history of paying dividends to its shareholders. Vijay Textiles is not known for its dividend payments.
Why doesn't Vijay Textiles pay dividends?
There are several potential reasons why Vijay Textiles 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 Vijay Textiles 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 Vijay Textiles 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 Vijay Textiles a dividend aristocrat?
Vijay Textiles 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 Vijay Textiles a dividend king?
Vijay Textiles 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 Vijay Textiles a dividend stock?
No, Vijay Textiles 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 Vijay Textiles stocks?
To buy Vijay Textiles 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 Vijay Textiles 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 Vijay Textiles 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.