Rama Steel Tubes Limited manufactures and trades steel pipes and tubes, and rigid poly vinyl chloride and galvanized iron pipes in India and internationally. It offers ERW galvanized steel pipes and tubes, ERW black steel pipes and tubes, scaffolding pipes and tubes, swaged poles, structural steel products, and hollow sections. The company also exports its products to the United Kingdom, the United Arab Emirates, Sri Lanka, Ethiopia, Kenya, Uganda, Ghana, Kuwait, the Republic of Congo, Yemen, Guyana, Germany, the United States, South Africa, Zambia, Malta, etc. Rama Steel Tubes Limited was incorporated in 1974 and is based in New Delhi, India.
Rama Steel Tubes Dividend Announcement
• Rama Steel Tubes announced a annually dividend of ₹0.06 per ordinary share which will be made payable on 2022-03-16. Ex dividend date: 2022-02-24
• Rama Steel Tubes's trailing twelve-month (TTM) dividend yield is -%
Rama Steel Tubes Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-02-24 | ₹0.06 | annually | 2022-03-16 |
Rama Steel Tubes Dividend per year
Rama Steel Tubes Dividend Yield
Rama Steel Tubes current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rama Steel Tubes stock? Use our calculator to estimate your expected dividend yield:
Rama Steel Tubes Financial Ratios
Rama Steel Tubes 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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