generation. Its products include tapper bearing roller, cylindrical bearing roller, and spherical bearing roller. The company was founded by Gordhanbhai Kanjibhai Changela on July 24, 1991 and is headquartered in Rajkot, India.
Vishal Bearings Dividend Announcement
• Vishal Bearings announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2021-11-25. Ex dividend date: 2021-11-02
• Vishal Bearings's trailing twelve-month (TTM) dividend yield is -%
Vishal Bearings Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-11-02 | ₹0.50 | annually | 2021-11-25 |
| 2019-01-14 | ₹0.28 | annually | 2019-02-02 |
| 2017-12-04 | ₹0.28 | annually | 2017-12-25 |
Vishal Bearings Dividend per year
Vishal Bearings Dividend Yield
Vishal Bearings current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Vishal Bearings stock? Use our calculator to estimate your expected dividend yield:
Vishal Bearings Financial Ratios
P/E ratio-90.60
PEG ratio-0.91
P/B ratio3.56
ROE-7.88%
Payout ratio0.00%
Current ratio1.47
Quick ratio0.45
Cash Ratio0.01
Vishal Bearings Dividend FAQ
Does Vishal Bearings stock pay dividends?
Vishal Bearings does not currently pay dividends to its shareholders.
Has Vishal Bearings ever paid a dividend?
No, Vishal Bearings has no a history of paying dividends to its shareholders. Vishal Bearings is not known for its dividend payments.
Why doesn't Vishal Bearings pay dividends?
There are several potential reasons why Vishal Bearings 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 Vishal Bearings 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 Vishal Bearings 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 Vishal Bearings a dividend aristocrat?
Vishal Bearings 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 Vishal Bearings a dividend king?
Vishal Bearings 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 Vishal Bearings a dividend stock?
No, Vishal Bearings 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 Vishal Bearings stocks?
To buy Vishal Bearings 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 Vishal Bearings 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 Vishal Bearings 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.