Vishal Fabrics Limited engages in dyeing, printing, and processing of denims and various fabrics and yarns in India. The company provides dyed yarns and denim fabrics for men, women, and kids. It exports its products. Vishal Fabrics Limited was incorporated in 1985 and is based in Ahmedabad, India.
Vishal Fabrics Dividend Announcement
• Vishal Fabrics announced a semi annually dividend of ₹1.50 per ordinary share which will be made payable on 2021-08-24. Ex dividend date: 2021-08-05
• Vishal Fabrics's trailing twelve-month (TTM) dividend yield is -%
Vishal Fabrics Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-08-05 | ₹1.50 | semi annually | 2021-08-24 |
| 2021-02-18 | ₹1.50 | semi annually | 2021-03-14 |
Vishal Fabrics Dividend per year
Vishal Fabrics Dividend Yield
Vishal Fabrics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Vishal Fabrics stock? Use our calculator to estimate your expected dividend yield:
Vishal Fabrics Financial Ratios
P/E ratio20.39
PEG ratio0.20
P/B ratio1.16
ROE6.27%
Payout ratio0.00%
Current ratio1.96
Quick ratio1.64
Cash Ratio0.03
Vishal Fabrics Dividend FAQ
Does Vishal Fabrics stock pay dividends?
Vishal Fabrics does not currently pay dividends to its shareholders.
Has Vishal Fabrics ever paid a dividend?
No, Vishal Fabrics has no a history of paying dividends to its shareholders. Vishal Fabrics is not known for its dividend payments.
Why doesn't Vishal Fabrics pay dividends?
There are several potential reasons why Vishal Fabrics 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 Fabrics 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 Fabrics 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 Fabrics a dividend aristocrat?
Vishal Fabrics 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 Fabrics a dividend king?
Vishal Fabrics 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 Fabrics a dividend stock?
No, Vishal Fabrics 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 Fabrics stocks?
To buy Vishal Fabrics 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 Fabrics 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 Fabrics 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.