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Aartech Solonics Limited operates as a system solution oriented research and development enterprise in the field of specialized and selected energy appliances in India. The company manufactures electricity distribution and control apparatus, including electrical apparatus for switching or protecting electrical circuits, such as switches, fuses, voltage limiters, surge suppressors, junction boxes, etc. for a voltage exceeding 1000 volts; apparatus comprising relays, sockets, etc. for a voltage not exceeding 1000 volts; and boards, panels, consoles, cabinets, and other bases for electricity control or distribution of electricity. Its products also include BTS 2000 fast bus transfer system used in power generation utilities and process industries; ultra-capacitors; control relay panels; load checkers; current limiting protectors; Bestcase enclosures; organic waste to compost machines; and backlit photo frames. The company serves renewable and non-renewable energy, power T&D, heavy engineering, defense and exploration, healthcare, IT & Telecom, and transportation industries. Aartech Solonics Limited was incorporated in 1982 and is based in Bhopal, India.

Aartech Solonics Dividend Announcement

• Aartech Solonics announced a annually dividend of ₹0.25 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• Aartech Solonics annual dividend for 2024 was ₹0.25
• Aartech Solonics annual dividend for 2023 was ₹0.50
• Aartech Solonics's trailing twelve-month (TTM) dividend yield is 0.33%

Aartech Solonics Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-23₹0.25annually2024-10-30
2023-09-22₹0.50annually2023-10-30

Aartech Solonics Dividend per year

Aartech Solonics Dividend Yield

Aartech Solonics current trailing twelve-month (TTM) dividend yield is 0.33%. Interested in purchasing Aartech Solonics stock? Use our calculator to estimate your expected dividend yield:

Aartech Solonics Financial Ratios

P/E ratio150.66
PEG ratio-0.99
P/B ratio8.16
ROE5.36%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Aartech Solonics Dividend FAQ

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