Forbes Payout ratio
What is the Payout ratio of Forbes?
The Payout ratio of Forbes & Company Limited is 0.00%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Industrials sector on BSE compared to Forbes
What does Forbes do?
Forbes & Company Limited manufactures, sells, and rents health, hygiene, and safety products in India and internationally. The company engages in manufacturing, selling, renting, and servicing vacuum cleaners, water filter cum purifiers, water and waste water treatment plants; and trading electronic air cleaning systems, small household appliances, digital security systems, fire extinguishers, etc. It also manufactures and trades in precision cutting tools, spring lock washers, and marking systems. In addition, the company offers note counting machines, electronic cash registers, point of sale machines, and various types of kiosks; Forbes Xpress that comprise sale of mobile recharge, and bill payments and money transfer; and transaction network and services, including maintenance, servicing and support services for kiosks and other devices. Further, it is involved in the real estate development activities, as well as rents out investment properties. Additionally, the company engages in the business of ship owners, charterers, etc. The company was founded in 1767 and is based in Mumbai, India. Forbes & Company Limited is a subsidiary of Shapoorji Pallonji and Company Private Limited.
Companies with payout ratio similar to Forbes
- Art has Payout ratio of -0.30%
- Invesco Asia Trust Plc has Payout ratio of -0.22%
- Jindal Drilling & Industries has Payout ratio of -0.20%
- Tern Properties has Payout ratio of -0.16%
- Henderson Smaller Cos. Investment Trust Plc has Payout ratio of -0.10%
- Pacific Horizon Investment Trust Plc has Payout ratio of -0.05%
- Forbes has Payout ratio of 0.00%
- The Monks Investment Trust Plc has Payout ratio of 0.01%
- Crestwood Equity Partners LP has Payout ratio of 0.01%
- AVI Global Trust plc has Payout ratio of 0.02%
- Artemis Alpha Trust plc has Payout ratio of 0.03%
- Rights & Issues Investment Trust Plc has Payout ratio of 0.04%
- Strategic Equity Capital Plc has Payout ratio of 0.04%