Centenial Surgical Suture Ltd. is a medical device company, which engages in the manufacturing of surgical sutures and medical devices. Its product portfolio includes absorbable sutures, non-absorbable sutures, and medical devices. The company was founded on June 20, 1995 and is headquartered in Thane, India.
Centenial Surgical Suture Dividend Announcement
• Centenial Surgical Suture does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Centenial Surgical Suture dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Centenial Surgical Suture Dividend History
Centenial Surgical Suture Dividend Yield
Centenial Surgical Suture current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Centenial Surgical Suture stock? Use our calculator to estimate your expected dividend yield:
Centenial Surgical Suture Financial Ratios
P/E ratio52.94
PEG ratio0.53
P/B ratio1.49
ROE3.82%
Payout ratio0.00%
Current ratio2.08
Quick ratio0.74
Cash Ratio0.04
Centenial Surgical Suture Dividend FAQ
Does Centenial Surgical Suture stock pay dividends?
Centenial Surgical Suture does not currently pay dividends to its shareholders.
Has Centenial Surgical Suture ever paid a dividend?
No, Centenial Surgical Suture has no a history of paying dividends to its shareholders. Centenial Surgical Suture is not known for its dividend payments.
Why doesn't Centenial Surgical Suture pay dividends?
There are several potential reasons why Centenial Surgical Suture 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.
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 Centenial Surgical Suture 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 Centenial Surgical Suture 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 Centenial Surgical Suture a dividend aristocrat?
Centenial Surgical Suture 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 Centenial Surgical Suture a dividend king?
Centenial Surgical Suture 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 Centenial Surgical Suture a dividend stock?
No, Centenial Surgical Suture 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 Centenial Surgical Suture stocks?
To buy Centenial Surgical Suture 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 Centenial Surgical Suture 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.
Place an order: Use the brokerage's trading platform to place an order to buy Centenial Surgical Suture 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.