PTC India Services Dividend yield
What is the Dividend yield of PTC India Services?
The Dividend yield of PTC India Financial Services Limited is 0.00%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Finance sector on NSE compared to PTC India Services
What does PTC India Services do?
PTC India Financial Services Limited, a non-banking finance company, provides various financing solutions. It offers fund based/non-fund based financial assistance in the form of debt or structured debt instruments, such as term debt or project debt, corporate debt, bridge debt, and bills discounting, as well as letters of comfort, credit enhancement schemes, and deferred payment guarantees. The company also acts as underwriter, lead FI, syndicator, security and facility agent, project appraiser, and DPR consultant/preparer. In addition, it invests in green-field and brown-field projects. The company was incorporated in 2006 and is based in New Delhi, India. PTC India Financial Services Limited is a subsidiary of PTC India Limited.
Companies with dividend yield similar to PTC India Services
- PTC India Services has Dividend yield of 0.00%
- The Monks Investment Trust Plc has Dividend yield of 0.00%
- Crestwood Equity Partners LP has Dividend yield of 0.00%
- Veritas (India) has Dividend yield of 0.00%
- Pacific Horizon Investment Trust Plc has Dividend yield of 0.01%
- AVI Global Trust plc has Dividend yield of 0.01%
- Artemis Alpha Trust plc has Dividend yield of 0.01%