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Vikas Lifecare Limited engages in the trading of various chemicals compounds, polymers, PVC resins, plastic granules, and products related to plastic industry in India. It operates through Real Estate, Trading- Polymers, Trading-Cashew Nuts, and Manufacturing divisions. The company is also involved in the real estate business; and the manufacture of recycled material for automotive, packaging, sheathing, and textile industries. In addition, it manufactures and sells polymer compounds, which include PE, PVC, V blend SOE, and polypropylene compounds, as well as thermo plastic rubber; deals in FMCG, cashew nuts, aluminum foils, and processed food products. Vikas Lifecare Limited also exports its products. The company was formerly known as Vikas Multicorp Limited and changed its name to Vikas Lifecare Limited in April 2021. Vikas Lifecare Limited was incorporated in 1995 and is based in New Delhi, India.

Vikas Lifecare Dividend Announcement

• Vikas Lifecare does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Vikas Lifecare dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Vikas Lifecare Dividend History

Vikas Lifecare Dividend Yield

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

Vikas Lifecare Financial Ratios

P/E ratio-136.67
PEG ratio39.63
P/B ratio1.44
ROE-1.23%
Payout ratio0.00%
Current ratio1.19
Quick ratio1.14
Cash Ratio0.02

Vikas Lifecare Dividend FAQ

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