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Sai Silks (Kalamandir) Limited engages in the retail sale of apparel in India. The company offers ultra-premium and premium sarees for weddings; ethnic fashion for middle income customers; and value fashion products comprising fusion wear and western wear for women, men, and children, as well as party wear, occasional and daily wear, lehengas, men's ethnic wear, and children's ethnic wear. It operates in four store formats under the Kalamandir, VaraMahalakshmi Silks, Mandir, and KLM Fashion Mall. The company was founded in 2005 and is based in Hyderabad, India.

Sai Silks Dividend Announcement

Sai Silks announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-20
Sai Silks annual dividend for 2024 was ₹1.00
Sai Silks's trailing twelve-month (TTM) dividend yield is 0.53%

Sai Silks Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-20₹1.00annually2024-10-27

Sai Silks Dividend per year

Sai Silks Dividend Yield

Sai Silks current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Sai Silks stock? Use our calculator to estimate your expected dividend yield:

Sai Silks Financial Ratios

P/E ratio32.34
PEG ratio0.18
P/B ratio2.61
ROE11.05%
Payout ratio0.00%
Current ratio3.53
Quick ratio0.99
Cash Ratio0.04

Sai Silks Dividend FAQ

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