Zinema Media & Entertainment Ltd. engages in the marketing of mosquito repellent coils under the brand Rooster. It also engages in the marketing of incense sticks. The company was founded on June 8, 1984 and is headquartered in Chennai, India.
ZINEMA MEDIA AND ENTERTAINMENT Dividend Announcement
• ZINEMA MEDIA AND ENTERTAINMENT does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments. • Stay tuned for updates on ZINEMA MEDIA AND ENTERTAINMENT dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
ZINEMA MEDIA AND ENTERTAINMENT current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing ZINEMA MEDIA AND ENTERTAINMENT stock? Use our calculator to estimate your expected dividend yield:
ZINEMA MEDIA AND ENTERTAINMENT Financial Ratios
P/E ratio33.87
PEG ratio0.34
P/B ratio1.08
ROE3.20%
Payout ratio0.00%
Current ratio29.61
Quick ratio29.61
Cash Ratio0.06
ZINEMA MEDIA AND ENTERTAINMENT Dividend FAQ
Does ZINEMA MEDIA AND ENTERTAINMENT stock pay dividends?
ZINEMA MEDIA AND ENTERTAINMENT does not currently pay dividends to its shareholders.
Has ZINEMA MEDIA AND ENTERTAINMENT ever paid a dividend?
No, ZINEMA MEDIA AND ENTERTAINMENT has no a history of paying dividends to its shareholders. ZINEMA MEDIA AND ENTERTAINMENT is not known for its dividend payments.
Why doesn't ZINEMA MEDIA AND ENTERTAINMENT pay dividends?
There are several potential reasons why ZINEMA MEDIA AND ENTERTAINMENT 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 ZINEMA MEDIA AND ENTERTAINMENT 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 ZINEMA MEDIA AND ENTERTAINMENT 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 ZINEMA MEDIA AND ENTERTAINMENT a dividend aristocrat?
ZINEMA MEDIA AND ENTERTAINMENT 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 ZINEMA MEDIA AND ENTERTAINMENT a dividend king?
ZINEMA MEDIA AND ENTERTAINMENT 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 ZINEMA MEDIA AND ENTERTAINMENT a dividend stock?
No, ZINEMA MEDIA AND ENTERTAINMENT 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 ZINEMA MEDIA AND ENTERTAINMENT stocks?
To buy ZINEMA MEDIA AND ENTERTAINMENT 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 ZINEMA MEDIA AND ENTERTAINMENT 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.