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Manorama Industries Limited manufactures, processes, and supplies specialty fats and butters from tree-borne, and plant-based seeds and nuts in India and internationally. The company offers shea butter and fat, sal butter, sal fat, sal oil, sal stearine, sal olein, mango butter and fat, mango oil, mango stearine, kokum butter and oil, mowrah fat, and de-oiled cakes, as well as dhupa, mowrah, and phulwara butter. It also provides sal, kokum, rice bran, shea, and mango kernel meal; and organic castor, neem, karanja, safflower, moringa, and rice bran oil. In addition, the company trades in cassia tora seed, rice, wheat, sugar, maize, raw cotton, cotton linter, maize/corn, soy meal, cotton seed meal, rice bran meal, sesame, sorghum yellow and white, niger seed, medicinal herbs, and safflower products. Further, it offers value-added tailor made products to form the ingredients of cocoa butter equivalents. Its products are primarily used in chocolate and confectionery, bakery, dairy, special nutrition, food service, personal care, and other industries. Manorama Industries Limited was incorporated in 2005 and is based in Raipur, India.

Manorama Industries Dividend Announcement

• Manorama Industries announced a annually dividend of ₹0.40 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-08-27
• Manorama Industries annual dividend for 2024 was ₹0.40
• Manorama Industries annual dividend for 2023 was ₹10.00
• Manorama Industries's trailing twelve-month (TTM) dividend yield is 0.08%

Manorama Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-27₹0.40annually2024-10-03
2023-09-11₹10.00annually2023-10-18

Manorama Industries Dividend per year

Manorama Industries Dividend Yield

Manorama Industries current trailing twelve-month (TTM) dividend yield is 0.08%. Interested in purchasing Manorama Industries stock? Use our calculator to estimate your expected dividend yield:

Manorama Industries Financial Ratios

P/E ratio103.93
PEG ratio1.04
P/B ratio16.30
ROE17.32%
Payout ratio0.00%
Current ratio1.69
Quick ratio0.66
Cash Ratio0.01

Manorama Industries Dividend FAQ

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