Vikas Proppant & Granite Ltd. engages in the manufacturing of guar gum and its derivatives. The company was founded on October 31, 1994 and is headquartered in Siwani, India.
VIKAS PROPPANT & GRANITE Dividend Announcement
• VIKAS PROPPANT & GRANITE announced a annually dividend of ₹0.10 per ordinary share which will be made payable on 2020-03-07. Ex dividend date: 2020-02-17
• VIKAS PROPPANT & GRANITE's trailing twelve-month (TTM) dividend yield is -%
VIKAS PROPPANT & GRANITE Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-02-17 | ₹0.10 | annually | 2020-03-07 |
VIKAS PROPPANT & GRANITE Dividend per year
VIKAS PROPPANT & GRANITE Dividend Yield
VIKAS PROPPANT & GRANITE current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing VIKAS PROPPANT & GRANITE stock? Use our calculator to estimate your expected dividend yield:
VIKAS PROPPANT & GRANITE Financial Ratios
P/E ratio0.00
PEG ratio0.00
P/B ratio0.00
ROE0.00%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
VIKAS PROPPANT & GRANITE Dividend FAQ
Does VIKAS PROPPANT & GRANITE stock pay dividends?
VIKAS PROPPANT & GRANITE does not currently pay dividends to its shareholders.
Has VIKAS PROPPANT & GRANITE ever paid a dividend?
No, VIKAS PROPPANT & GRANITE has no a history of paying dividends to its shareholders. VIKAS PROPPANT & GRANITE is not known for its dividend payments.
Why doesn't VIKAS PROPPANT & GRANITE pay dividends?
There are several potential reasons why VIKAS PROPPANT & GRANITE 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 VIKAS PROPPANT & GRANITE 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 PROPPANT & GRANITE 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 PROPPANT & GRANITE a dividend aristocrat?
VIKAS PROPPANT & GRANITE 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 PROPPANT & GRANITE a dividend king?
VIKAS PROPPANT & GRANITE 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 PROPPANT & GRANITE a dividend stock?
No, VIKAS PROPPANT & GRANITE 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 PROPPANT & GRANITE stocks?
To buy VIKAS PROPPANT & GRANITE 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 PROPPANT & GRANITE 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 VIKAS PROPPANT & GRANITE 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.