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The Waterbase Limited operates as an aquaculture company in India. It produces and trades in shrimp feed, such as p.vannamei, p.monodon, and scampi; and frozen shrimp products. The company also engages in shrimp hatchery activities. It markets its products under the BayWhite, Ultra XL, Tiger Bay XL, and Magnum brands. It also exports its products to Japan, the United States, Europe, and internationally. The company was incorporated in 1987 and is based in Chennai, India. The Waterbase Limited is a subsidiary of Nav Srijit Shakti Telangana Private Limited.

Waterbase Dividend Announcement

Waterbase announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2021-10-23. Ex dividend date: 2021-09-15
Waterbase's trailing twelve-month (TTM) dividend yield is -%

Waterbase Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-09-15₹1.00annually2021-10-23
2015-09-22₹0.50annually
2014-08-12₹1.00annually

Waterbase Dividend per year

Waterbase Dividend Yield

Waterbase current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Waterbase stock? Use our calculator to estimate your expected dividend yield:

Waterbase Financial Ratios

P/E ratio-16.67
PEG ratio-1.32
P/B ratio1.81
ROE-10.29%
Payout ratio0.00%
Current ratio2.55
Quick ratio1.30
Cash Ratio0.00

Waterbase Dividend FAQ

Does Waterbase stock pay dividends?
Waterbase does not currently pay dividends to its shareholders.
Has Waterbase ever paid a dividend?
No, Waterbase has no a history of paying dividends to its shareholders. Waterbase is not known for its dividend payments.
Why doesn't Waterbase pay dividends?
There are several potential reasons why Waterbase 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.
Will Waterbase 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 Waterbase 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 Waterbase a dividend aristocrat?
Waterbase 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 Waterbase a dividend king?
Waterbase 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 Waterbase a dividend stock?
No, Waterbase 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 Waterbase stocks?
To buy Waterbase 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 Waterbase 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.