VISA Steel Limited, together with its subsidiaries, manufactures and sells iron and steel products in India. The company operates in Special Steel and Ferro Alloys segments. It offers high carbon ferro chrome for use in stainless steel and special steel manufacturing applications. The company was incorporated in 1996 and is based in Kolkata, India.
VISA Steel Dividend Announcement
• VISA Steel announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2011-08-08. Ex dividend date: 2011-07-14
• VISA Steel's trailing twelve-month (TTM) dividend yield is -%
VISA Steel Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-07-14 | ₹1.00 | annually | 2011-08-08 |
| 2010-08-06 | ₹1.00 | annually | 2010-09-16 |
| 2008-07-21 | ₹1.00 | annually | 2008-09-01 |
VISA Steel Dividend per year
VISA Steel Dividend Yield
VISA Steel current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing VISA Steel stock? Use our calculator to estimate your expected dividend yield:
VISA Steel Financial Ratios
P/E ratio-6.15
PEG ratio-0.84
P/B ratio-0.47
ROE8.01%
Payout ratio0.00%
Current ratio0.03
Quick ratio0.03
Cash Ratio0.01
VISA Steel Dividend FAQ
Does VISA Steel stock pay dividends?
VISA Steel does not currently pay dividends to its shareholders.
Has VISA Steel ever paid a dividend?
No, VISA Steel has no a history of paying dividends to its shareholders. VISA Steel is not known for its dividend payments.
Why doesn't VISA Steel pay dividends?
There are several potential reasons why VISA Steel 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 VISA Steel 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 VISA Steel 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 VISA Steel a dividend aristocrat?
VISA Steel 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 VISA Steel a dividend king?
VISA Steel 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 VISA Steel a dividend stock?
No, VISA Steel 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 VISA Steel stocks?
To buy VISA Steel 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 VISA Steel 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 VISA Steel 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.