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Sahyadri Industries Limited engages in the production and sale of cement sheets and accessories in India. It operates in Building Material and Power Generation segments. The Building Material segment manufactures and trades in asbestos sheets, flat sheets, non-asbestos flat sheets, accessories for roofing products, doors, and other building materials. The Power Generation segment generates electricity through windmills. The company provides backyard poultry structures; S3, an erect-on-site pre-engineered building technology; toilet block units; and trades in steel doors. It offers its products under Swastik, Cemply, EcoPro, Swachalay, and Swastik Kukdookoo brand names. Sahyadri Industries Limited was founded in 1947 and is based in Pune, India.

Sahyadri Industries Dividend Announcement

Sahyadri Industries announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-08. Ex dividend date: 2024-08-02
Sahyadri Industries annual dividend for 2024 was ₹1.00
Sahyadri Industries annual dividend for 2023 was ₹1.50
Sahyadri Industries's trailing twelve-month (TTM) dividend yield is 0.29%

Sahyadri Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-02₹1.00annually2024-09-08
2023-08-02₹1.50annually2023-09-04

Sahyadri Industries Dividend per year

Sahyadri Industries Dividend Yield

Sahyadri Industries current trailing twelve-month (TTM) dividend yield is 0.29%. Interested in purchasing Sahyadri Industries stock? Use our calculator to estimate your expected dividend yield:

Sahyadri Industries Financial Ratios

P/E ratio15.70
PEG ratio0.66
P/B ratio1.03
ROE6.78%
Payout ratio0.00%
Current ratio1.94
Quick ratio0.45
Cash Ratio0.04

Sahyadri Industries Dividend FAQ

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