Vintage Coffee & Beverages Ltd. is a holding company, which engages in the business of trading. It operates manufacturing facilities for instant coffee. The company was founded on April 25, 1980 and is headquartered in Hyderabad, India.
VINTAGE COFFEE AND BEVERAGES L Dividend Announcement
• VINTAGE COFFEE AND BEVERAGES L announced a annually dividend of ₹0.05 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-07
• VINTAGE COFFEE AND BEVERAGES L annual dividend for 2024 was ₹0.05
• VINTAGE COFFEE AND BEVERAGES L annual dividend for 2023 was ₹0.05
• VINTAGE COFFEE AND BEVERAGES L's trailing twelve-month (TTM) dividend yield is 0.04%
VINTAGE COFFEE AND BEVERAGES L Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-07 | ₹0.05 | annually | 2024-09-13 |
| 2023-09-20 | ₹0.05 | annually | 2023-10-27 |
VINTAGE COFFEE AND BEVERAGES L Dividend per year
VINTAGE COFFEE AND BEVERAGES L Dividend Yield
VINTAGE COFFEE AND BEVERAGES L current trailing twelve-month (TTM) dividend yield is 0.04%. Interested in purchasing VINTAGE COFFEE AND BEVERAGES L stock? Use our calculator to estimate your expected dividend yield:
VINTAGE COFFEE AND BEVERAGES L Financial Ratios
P/E ratio71.06
PEG ratio0.71
P/B ratio5.24
ROE13.51%
Payout ratio0.00%
Current ratio3.82
Quick ratio2.12
Cash Ratio0.15
VINTAGE COFFEE AND BEVERAGES L Dividend FAQ
Does VINTAGE COFFEE AND BEVERAGES L stock pay dividends?
VINTAGE COFFEE AND BEVERAGES L does not currently pay dividends to its shareholders.
Has VINTAGE COFFEE AND BEVERAGES L ever paid a dividend?
No, VINTAGE COFFEE AND BEVERAGES L has no a history of paying dividends to its shareholders. VINTAGE COFFEE AND BEVERAGES L is not known for its dividend payments.
Why doesn't VINTAGE COFFEE AND BEVERAGES L pay dividends?
There are several potential reasons why VINTAGE COFFEE AND BEVERAGES L 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 VINTAGE COFFEE AND BEVERAGES L 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 VINTAGE COFFEE AND BEVERAGES L 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 VINTAGE COFFEE AND BEVERAGES L a dividend aristocrat?
VINTAGE COFFEE AND BEVERAGES L 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 VINTAGE COFFEE AND BEVERAGES L a dividend king?
VINTAGE COFFEE AND BEVERAGES L 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 VINTAGE COFFEE AND BEVERAGES L a dividend stock?
No, VINTAGE COFFEE AND BEVERAGES L 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 VINTAGE COFFEE AND BEVERAGES L stocks?
To buy VINTAGE COFFEE AND BEVERAGES L 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 VINTAGE COFFEE AND BEVERAGES L 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 VINTAGE COFFEE AND BEVERAGES L 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.