Wonder Electricals Limited engages in the manufacture and supply of ceiling, exhaust, pedestal, and brushless DC fans in India. The company also offers BLDC motors. It also exports its products. The company was formerly known as Wonder Fibromats Limited. Wonder Electricals Limited was incorporated in 2009 and is based in New Delhi, India.
Wonder Electricals Dividend Announcement
• Wonder Electricals announced a semi annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-17
• Wonder Electricals annual dividend for 2024 was ₹2.00
• Wonder Electricals's trailing twelve-month (TTM) dividend yield is 0.13%
Wonder Electricals Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-17 | ₹1.00 | semi annually | 2024-10-24 |
| 2024-03-14 | ₹1.00 | semi annually |
Wonder Electricals Dividend per year
Wonder Electricals Dividend Yield
Wonder Electricals current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing Wonder Electricals stock? Use our calculator to estimate your expected dividend yield:
Wonder Electricals Financial Ratios
P/E ratio184.21
PEG ratio1.09
P/B ratio23.49
ROE16.73%
Payout ratio0.00%
Current ratio1.15
Quick ratio0.91
Cash Ratio0.02
Wonder Electricals Dividend FAQ
Does Wonder Electricals stock pay dividends?
Wonder Electricals does not currently pay dividends to its shareholders.
Has Wonder Electricals ever paid a dividend?
No, Wonder Electricals has no a history of paying dividends to its shareholders. Wonder Electricals is not known for its dividend payments.
Why doesn't Wonder Electricals pay dividends?
There are several potential reasons why Wonder Electricals 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 Wonder Electricals 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 Wonder Electricals 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 Wonder Electricals a dividend aristocrat?
Wonder Electricals 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 Wonder Electricals a dividend king?
Wonder Electricals 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 Wonder Electricals a dividend stock?
No, Wonder Electricals 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 Wonder Electricals stocks?
To buy Wonder Electricals 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 Wonder Electricals 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 Wonder Electricals 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.