Sakthi Finance Ltd. is a non-banking finance company, which provides asset financing services. It also engages in commercial vehicle financing, equipment, deposits and locker facilities. The firm offers various financing schemes to cater to play an active role in helping agricultural and other sectors. The company was founded on March 30, 1955 and is headquartered in Coimbatore, India.
Sakthi Finance Dividend Announcement
• Sakthi Finance announced a annually dividend of ₹0.80 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-03 • Sakthi Finance annual dividend for 2024 was ₹0.80 • Sakthi Finance annual dividend for 2023 was ₹0.70 • Sakthi Finance's trailing twelve-month (TTM) dividend yield is 1.36% • Sakthi Finance's dividend growth over the last five years (2018-2023) was -6.89% year • Sakthi Finance's dividend growth over the last ten years (2013-2023) was -3.50% year
Sakthi Finance current trailing twelve-month (TTM) dividend yield is 1.36%. Interested in purchasing Sakthi Finance stock? Use our calculator to estimate your expected dividend yield:
Sakthi Finance Financial Ratios
P/E ratio23.92
PEG ratio-1.08
P/B ratio1.73
ROE9.83%
Payout ratio0.00%
Current ratio219.25
Quick ratio219.25
Cash Ratio4.87
Sakthi Finance Dividend FAQ
How much is the next Sakthi Finance dividend?
Sakthi Finance's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sakthi Finance dividend. The next Sakthi Finance dividend will be released in September.
When is Sakthi Finance dividend paid?
Sakthi Finance pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Sakthi Finance pay?
The specific amount of Sakthi Finance dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sakthi Finance's dividend history.
Does Sakthi Finance stock pay dividends?
Yes, Sakthi Finance does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sakthi Finance's dividend history.
How much dividend does Sakthi Finance pay?
Sakthi Finance paid ₹0.8 in 2024, ₹0.7 in 2023, ₹0.6 in 2022, ₹0.6 in 2021, and ₹0.6 in 2020.
How often does Sakthi Finance pay dividends?
Sakthi Finance typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Sakthi Finance's dividend yield?
The current dividend yield for Sakthi Finance is 1.36%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Sakthi Finance's exact dividend yield.
When does Sakthi Finance go ex dividend?
Sakthi Finance's ex-dividend date for the latest dividend was on 2024-09-03. Sakthi Finance typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Sakthi Finance dividend paid?
Sakthi Finance pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Sakthi Finance increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Sakthi Finance will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Sakthi Finance dividend per share?
Sakthi Finance paid ₹0.8 per share in 2024 and ₹0.7 per share in 2023. The amount of dividend per share that Sakthi Finance pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Sakthi Finance a dividend aristocrat?
No, 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 Sakthi Finance a dividend king?
No, 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 Sakthi Finance a dividend stock?
Yes, Sakthi Finance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sakthi Finance a good dividend stock?
Whether Sakthi Finance is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sakthi Finance has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sakthi Finance as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Sakthi Finance pay dividends monthly?
Sakthi Finance typically pays dividends on a annually basis.
Does Sakthi Finance pay dividends quarterly?
Sakthi Finance currently pays dividends on a annually basis.
Has Sakthi Finance ever paid a dividend?
Yes, Sakthi Finance has a history of paying dividends to its shareholders. Sakthi Finance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sakthi Finance dividend stocks?
To buy Sakthi Finance 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Sakthi Finance 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.
When does Sakthi Finance pay dividends 2024?
Sakthi Finance pays dividends on a annually basis. 2024 dividend payments are in 2024-10-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Sakthi Finance increase its dividend in 2024?
Decisions regarding Sakthi Finance dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Sakthi Finance dividend overview you can look into the above table of dividend history.
How Sakthi Finance dividend works?
The Sakthi Finance dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Sakthi Finance's dividend process works:
1. Determination of Dividend: Sakthi Finance's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Sakthi Finance publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Sakthi Finance distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Sakthi Finance are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Sakthi Finance dividends paid?
Sakthi Finance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sakthi Finance sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Sakthi Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sakthi Finance declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Sakthi Finance pay dividends?
Sakthi Finance typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Sakthi Finance pay dividends?
The general pattern is that Sakthi Finance pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sakthi Finance dividend safe?
The safety of Sakthi Finance's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Sakthi Finance's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Sakthi Finance's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.