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Zodiac Energy Ltd. engages in the installation of power generation plants and items. It offers electric power generation using solar energy and electric power generation by non-coal based thermal. Its services include solar photovoltaic system, solar thermal, diesel and gas based captive and co-generation power plants, building integrated photovoltaic system, and emerging technologies. The company was founded by Kunjbihari Jugalkishor Shah on May 22, 1992 and is headquartered in Ahmedabad, India.

Zodiac Clothing Dividend Announcement

Zodiac Clothing announced a annually dividend of ₹1.25 per ordinary share which will be made payable on 2019-10-30. Ex dividend date: 2019-09-19
Zodiac Clothing's trailing twelve-month (TTM) dividend yield is -%

Zodiac Clothing Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-09-19₹1.25annually2019-10-30

Zodiac Clothing Dividend per year

Zodiac Clothing Dividend Yield

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

Zodiac Clothing Financial Ratios

P/E ratio64.02
PEG ratio0.64
P/B ratio16.75
ROE57.95%
Payout ratio0.00%
Current ratio1.71
Quick ratio1.42
Cash Ratio0.17

Zodiac Clothing Dividend FAQ

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