Sambandam Spinning Mills Ltd. engages in the manufacture and sale of cotton yarn. Its products include cotton autoconed, siro cleared, single and multi ply yarn, carded, combed weaving and knitting yarns, ring doubled wet spliced, TFO yarns, gassed yarn, compact yarn, and slub yarn. The company was founded by Sengodan Palaniandi Ratnam, Sengodan Palaniandi Sambandam, and Sengodan Palaniandi Rajendran in 1973 and is headquartered in Salem, India.
Sambandam Spinning Mills Dividend Announcement
• Sambandam Spinning Mills announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2022-10-24. Ex dividend date: 2022-09-15 • Sambandam Spinning Mills's trailing twelve-month (TTM) dividend yield is -%
Sambandam Spinning Mills current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sambandam Spinning Mills stock? Use our calculator to estimate your expected dividend yield:
Sambandam Spinning Mills Financial Ratios
P/E ratio-10.28
PEG ratio-0.10
P/B ratio0.66
ROE-6.20%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Sambandam Spinning Mills Dividend FAQ
How much is the next Sambandam Spinning Mills dividend?
Sambandam Spinning Mills's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sambandam Spinning Mills dividend. The next Sambandam Spinning Mills dividend will be released in September.
When is Sambandam Spinning Mills dividend paid?
Sambandam Spinning Mills 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 Sambandam Spinning Mills pay?
The specific amount of Sambandam Spinning Mills 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 Sambandam Spinning Mills's dividend history.
Does Sambandam Spinning Mills stock pay dividends?
Yes, Sambandam Spinning Mills 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 Sambandam Spinning Mills's dividend history.
How much dividend does Sambandam Spinning Mills pay?
Sambandam Spinning Mills paid ₹0.0 in 2024, ₹0.0 in 2023, ₹5.0 in 2022, ₹4.0 in 2021, and ₹0.0 in 2020.
How often does Sambandam Spinning Mills pay dividends?
Sambandam Spinning Mills 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 Sambandam Spinning Mills's dividend yield?
The current dividend yield for Sambandam Spinning Mills is -%. 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 Sambandam Spinning Mills's exact dividend yield.
When does Sambandam Spinning Mills go ex dividend?
Sambandam Spinning Mills's ex-dividend date for the latest dividend was on 2022-09-15. Sambandam Spinning Mills 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 Sambandam Spinning Mills dividend paid?
Sambandam Spinning Mills pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Sambandam Spinning Mills 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 Sambandam Spinning Mills 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 Sambandam Spinning Mills dividend per share?
Sambandam Spinning Mills paid ₹0.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Sambandam Spinning Mills 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 Sambandam Spinning Mills 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 Sambandam Spinning Mills 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 Sambandam Spinning Mills a dividend stock?
Yes, Sambandam Spinning Mills is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sambandam Spinning Mills a good dividend stock?
Whether Sambandam Spinning Mills is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sambandam Spinning Mills has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sambandam Spinning Mills 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 Sambandam Spinning Mills pay dividends monthly?
Sambandam Spinning Mills typically pays dividends on a annually basis.
Does Sambandam Spinning Mills pay dividends quarterly?
Sambandam Spinning Mills currently pays dividends on a annually basis.
Has Sambandam Spinning Mills ever paid a dividend?
Yes, Sambandam Spinning Mills has a history of paying dividends to its shareholders. Sambandam Spinning Mills is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sambandam Spinning Mills dividend stocks?
To buy Sambandam Spinning Mills 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 Sambandam Spinning Mills 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 Sambandam Spinning Mills pay dividends 2024?
Sambandam Spinning Mills pays dividends on a annually basis. 2024 dividend payments are in 2022-10-24. 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 Sambandam Spinning Mills increase its dividend in 2024?
Decisions regarding Sambandam Spinning Mills 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 Sambandam Spinning Mills dividend overview you can look into the above table of dividend history.
How Sambandam Spinning Mills dividend works?
The Sambandam Spinning Mills 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 Sambandam Spinning Mills's dividend process works:
1. Determination of Dividend: Sambandam Spinning Mills'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, Sambandam Spinning Mills 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, Sambandam Spinning Mills 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 Sambandam Spinning Mills 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 Sambandam Spinning Mills dividends paid?
Sambandam Spinning Mills dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sambandam Spinning Mills 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, Sambandam Spinning Mills distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sambandam Spinning Mills 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 Sambandam Spinning Mills pay dividends?
Sambandam Spinning Mills 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 Sambandam Spinning Mills pay dividends?
The general pattern is that Sambandam Spinning Mills 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 Sambandam Spinning Mills dividend safe?
The safety of Sambandam Spinning Mills'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 Sambandam Spinning Mills'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 Sambandam Spinning Mills'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.