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Andhra Cements Limited engages in the manufacture and sale of cement and cement related products in India. It sells its products under the SAGAR CEMENT brand name. The company was formerly known as Andhra Cement Company Limited and changed its name to Andhra Cements Limited in December 1990. Andhra Cements Limited was incorporated in 1936 and is based in Hyderabad, India. Andhra Cements Limited is a subsidiary of Sagar Cements Limited.

Andhra Cements Dividend Announcement

• Andhra Cements does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Andhra Cements dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Andhra Cements Dividend History

Andhra Cements Dividend Yield

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

Andhra Cements Financial Ratios

P/E ratio0.77
PEG ratio-0.03
P/B ratio2.81
ROE679.45%
Payout ratio0.00%
Current ratio1.01
Quick ratio0.58
Cash Ratio0.20

Andhra Cements Dividend FAQ

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