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Kalyan Jewellers India Limited designs, manufactures, and sells various gold, studded, and other jewelry products. The company offers gold, diamond, pearl, white gold, gemstone, and platinum jewelries for occasions, such as weddings, as well as for daily-wear purpose. It also provides chains, rings, necklaces, earrings, bracelets, and bangles. The company offers its products under MUDHRA, NIMAH, ANOKHI, RANG, TEJASVI, ZIAH, LAYA, GLO, CANDERE, VEDHA, APOORVA, HERA, and MUHURAT brands. As of August 10, 2021, it operated 116 showrooms in India; and 30 showrooms in the Middle East, as well as 786 My Kalyan Grassroots stores. The company also sells its products through an online platform, candere.com. Kalyan Jewellers India Limited was founded in 1993 and is headquartered in Thrissur, India.

Kalyan Jewellers India Dividend Announcement

Kalyan Jewellers India announced a annually dividend of ₹1.20 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-09
Kalyan Jewellers India annual dividend for 2024 was ₹1.20
Kalyan Jewellers India annual dividend for 2023 was ₹0.50
Kalyan Jewellers India's trailing twelve-month (TTM) dividend yield is 0.15%

Kalyan Jewellers India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-09₹1.20annually2024-09-16
2023-08-04₹0.50annually2023-09-11

Kalyan Jewellers India Dividend per year

Kalyan Jewellers India Dividend Yield

Kalyan Jewellers India current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Kalyan Jewellers India stock? Use our calculator to estimate your expected dividend yield:

Kalyan Jewellers India Financial Ratios

P/E ratio127.27
PEG ratio1.80
P/B ratio18.29
ROE15.11%
Payout ratio0.00%
Current ratio1.29
Quick ratio0.22
Cash Ratio0.04

Kalyan Jewellers India Dividend FAQ

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