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 0.31%
Sahyadri Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-02 | ₹1.00 | annually | 2024-09-08 |
2023-08-02 | ₹1.50 | annually | 2023-09-04 |
Sahyadri Industries Dividend per year
Sahyadri Industries Dividend Yield
Sahyadri Industries current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Sahyadri Industries stock? Use our calculator to estimate your expected dividend yield:
Sahyadri Industries Financial Ratios
Sahyadri Industries 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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