Vivanta Industries Ltd. engages in the provision of business solutions for infrastructure and realty sectors. Its services include project conceptualization; land survey and land procurement; project design and detailed engineering; project approvals, fiscal benefits, and subsidies; project funding; project development; and project marketing. The company was founded on May 31, 2013 and is headquartered in Ahmedabad, India.
Vivanta Industries Dividend Announcement
• Vivanta Industries announced a annually dividend of ₹0.02 per ordinary share which will be made payable on 2023-09-27. Ex dividend date: 2023-09-05
• Vivanta Industries's trailing twelve-month (TTM) dividend yield is -%
Vivanta Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-09-05 | ₹0.02 | annually | 2023-09-27 |
Vivanta Industries Dividend per year
Vivanta Industries Dividend Yield
Vivanta Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Vivanta Industries stock? Use our calculator to estimate your expected dividend yield:
Vivanta Industries Financial Ratios
P/E ratio57.03
PEG ratio-1.65
P/B ratio2.96
ROE5.13%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Vivanta Industries Dividend FAQ
Does Vivanta Industries stock pay dividends?
Vivanta Industries does not currently pay dividends to its shareholders.
Has Vivanta Industries ever paid a dividend?
No, Vivanta Industries has no a history of paying dividends to its shareholders. Vivanta Industries is not known for its dividend payments.
Why doesn't Vivanta Industries pay dividends?
There are several potential reasons why Vivanta Industries 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 Vivanta Industries 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 Vivanta Industries 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 Vivanta Industries a dividend aristocrat?
Vivanta Industries 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 Vivanta Industries a dividend king?
Vivanta Industries 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 Vivanta Industries a dividend stock?
No, Vivanta Industries 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 Vivanta Industries stocks?
To buy Vivanta Industries 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 Vivanta Industries 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 Vivanta Industries 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.