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 0.17%
Kalyan Jewellers India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-09 | ₹1.20 | annually | 2024-09-16 |
2023-08-04 | ₹0.50 | annually | 2023-09-11 |
Kalyan Jewellers India Dividend per year
Kalyan Jewellers India Dividend Yield
Kalyan Jewellers India current trailing twelve-month (TTM) dividend yield is 0.17%. Interested in purchasing Kalyan Jewellers India stock? Use our calculator to estimate your expected dividend yield:
Kalyan Jewellers India Financial Ratios
Kalyan Jewellers India Dividend FAQ
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.
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