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 0.59%
Sai Silks Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹1.00 | annually | 2024-10-27 |
Sai Silks Dividend per year
Sai Silks Dividend Yield
Sai Silks current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing Sai Silks stock? Use our calculator to estimate your expected dividend yield:
Sai Silks Financial Ratios
Sai Silks 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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