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Maruti Interior Products Ltd. engages in the manufacturing and selling kitchen storage systems & accessories and aluminium long wardrobe handle & profile handle. Its products include vertical storages, corner storages, drawer pull outs, mid way accessories, drawer organisers, portable storage products, wardrobe storage accessories, wardrobe, main door, cabinet, and wooden handles. The company was founded on February 14, 1997 and is headquartered in Rajkot, India.

Maruti Interior Products Limit Dividend Announcement

Maruti Interior Products Limit announced a annually dividend of ₹0.25 per ordinary share which will be made payable on 2023-06-29. Ex dividend date: 2023-06-09
Maruti Interior Products Limit's trailing twelve-month (TTM) dividend yield is -%
Maruti Interior Products Limit's payout ratio for the trailing twelve months (TTM) is 5.58%

Maruti Interior Products Limit Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-09₹0.25annually2023-06-29

Maruti Interior Products Limit Dividend per year

Maruti Interior Products Limit Dividend Yield

Maruti Interior Products Limit current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Maruti Interior Products Limit stock? Use our calculator to estimate your expected dividend yield:

Maruti Interior Products Limit Financial Ratios

P/E ratio37.08
PEG ratio0.37
P/B ratio4.10
ROE11.25%
Payout ratio5.58%
Current ratio2.31
Quick ratio1.01
Cash Ratio0.08

Maruti Interior Products Limit Dividend FAQ

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