Yash Chemex Ltd. engages in wholesale of industrial chemicals. Its products include Dye intermediates, Reactive Dyes, and Laminate Chemicals. The company was founded by Pritesh Yashwantlal Shah in 1990 and is headquartered in Ahmedabad, India.
Yash Chemex Dividend Announcement
• Yash Chemex announced a annually dividend of ₹0.30 per ordinary share which will be made payable on 2019-03-16. Ex dividend date: 2019-02-26
• Yash Chemex's trailing twelve-month (TTM) dividend yield is -%
Yash Chemex Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2019-02-26 | ₹0.30 | annually | 2019-03-16 |
| 2017-11-20 | ₹0.35 | annually | 2017-11-23 |
Yash Chemex Dividend per year
Yash Chemex Dividend Yield
Yash Chemex current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Yash Chemex stock? Use our calculator to estimate your expected dividend yield:
Yash Chemex Financial Ratios
P/E ratio-105.84
PEG ratio-1.06
P/B ratio1.46
ROE-1.11%
Payout ratio0.00%
Current ratio2.50
Quick ratio1.90
Cash Ratio0.01
Yash Chemex Dividend FAQ
Does Yash Chemex stock pay dividends?
Yash Chemex does not currently pay dividends to its shareholders.
Has Yash Chemex ever paid a dividend?
No, Yash Chemex has no a history of paying dividends to its shareholders. Yash Chemex is not known for its dividend payments.
Why doesn't Yash Chemex pay dividends?
There are several potential reasons why Yash Chemex 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 Yash Chemex 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 Yash Chemex 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 Yash Chemex a dividend aristocrat?
Yash Chemex 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 Yash Chemex a dividend king?
Yash Chemex 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 Yash Chemex a dividend stock?
No, Yash Chemex 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 Yash Chemex stocks?
To buy Yash Chemex 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 Yash Chemex 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 Yash Chemex 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.