Zenith Exports Limited designs, manufactures, and sells fabrics to fashion and home furnishing industries in India and internationally. It offers a range of silk, velvet, and embroidery fabrics, as well as weaving products. The company also provides industrial leather hand gloves, silk fabrics, and made-ups. It also exports its products. Zenith Exports Limited was incorporated in 1969 and is headquartered in Kolkata, India.
Zenith Exports Dividend Announcement
• Zenith Exports announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2004-10-13. Ex dividend date: 2004-09-24
• Zenith Exports's trailing twelve-month (TTM) dividend yield is -%
Zenith Exports Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2004-09-24 | ₹1.00 | annually | 2004-10-13 |
Zenith Exports Dividend per year
Zenith Exports Dividend Yield
Zenith Exports current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Zenith Exports stock? Use our calculator to estimate your expected dividend yield:
Zenith Exports Financial Ratios
P/E ratio-51.88
PEG ratio-172.77
P/B ratio1.71
ROE-3.23%
Payout ratio0.00%
Current ratio4.20
Quick ratio2.70
Cash Ratio0.74
Zenith Exports Dividend FAQ
Does Zenith Exports stock pay dividends?
Zenith Exports does not currently pay dividends to its shareholders.
Has Zenith Exports ever paid a dividend?
No, Zenith Exports has no a history of paying dividends to its shareholders. Zenith Exports is not known for its dividend payments.
Why doesn't Zenith Exports pay dividends?
There are several potential reasons why Zenith Exports 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 Zenith Exports 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 Zenith Exports 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 Zenith Exports a dividend aristocrat?
Zenith Exports 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 Zenith Exports a dividend king?
Zenith Exports 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 Zenith Exports a dividend stock?
No, Zenith Exports 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 Zenith Exports stocks?
To buy Zenith Exports 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 Zenith Exports 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 Zenith Exports 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.