Dhampure Specialty Sugars Ltd. is a sugar manufacturing company, which engages in the manufacturing and trading of Jaggery & Sugar and allied activities. Its products include edible oil, fats, sugar, and processed spices. The company was founded on June 22, 1992 and is headquartered in Bijnor, India.
Dhampure Speciality Sugars Dividend Announcement
• Dhampure Speciality Sugars announced a annually dividend of ₹0.80 per ordinary share which will be made payable on . Ex dividend date: 2014-09-23
• Dhampure Speciality Sugars's trailing twelve-month (TTM) dividend yield is -%
Dhampure Speciality Sugars Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2014-09-23 | ₹0.80 | annually | |
2013-09-23 | ₹0.80 | annually |
Dhampure Speciality Sugars Dividend per year
Dhampure Speciality Sugars Dividend Yield
Dhampure Speciality Sugars current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dhampure Speciality Sugars stock? Use our calculator to estimate your expected dividend yield:
Dhampure Speciality Sugars Financial Ratios
P/E ratio51.93
PEG ratio0.52
P/B ratio2.82
ROE5.43%
Payout ratio0.00%
Current ratio3.55
Quick ratio2.64
Cash Ratio0.35
Dhampure Speciality Sugars Dividend FAQ
Does Dhampure Speciality Sugars stock pay dividends?
Dhampure Speciality Sugars does not currently pay dividends to its shareholders.
Has Dhampure Speciality Sugars ever paid a dividend?
No, Dhampure Speciality Sugars has no a history of paying dividends to its shareholders. Dhampure Speciality Sugars is not known for its dividend payments.
Why doesn't Dhampure Speciality Sugars pay dividends?
There are several potential reasons why Dhampure Speciality Sugars 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 Dhampure Speciality Sugars 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 Dhampure Speciality Sugars 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 Dhampure Speciality Sugars a dividend aristocrat?
Dhampure Speciality Sugars 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 Dhampure Speciality Sugars a dividend king?
Dhampure Speciality Sugars 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 Dhampure Speciality Sugars a dividend stock?
No, Dhampure Speciality Sugars 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 Dhampure Speciality Sugars stocks?
To buy Dhampure Speciality Sugars 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 Dhampure Speciality Sugars 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 Dhampure Speciality Sugars 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.