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Sarthak Metals Limited manufactures and sells cored wires, ferro alloys, aluminum wires, industrial gases, and related products in India and internationally. It offers calcium silicide, calcium iron, calcium solid, calcium aluminium iron, lead, ferro titanium, ferro titanium, carbon, ferro boron, magnesium ferrosilicon, nitride manganese, and ferro niobium wires, as well as aluminum flipping coils. The company serves steel manufacturing companies. Sarthak Metals Limited was incorporated in 1995 and is headquartered in Bhilai, India.

Sarthak Metals Dividend Announcement

Sarthak Metals announced a semi annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-01-10. Ex dividend date: 2023-12-22
Sarthak Metals annual dividend for 2023 was ₹2.00
Sarthak Metals's trailing twelve-month (TTM) dividend yield is 0.54%

Sarthak Metals Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-22₹1.00semi annually2024-01-10
2023-08-09₹1.00semi annually2023-09-20
2022-12-30₹1.00semi annually2023-01-19
2022-08-25₹1.00semi annually2022-10-05
2022-01-12₹1.00semi annually2022-02-02

Sarthak Metals Dividend per year

Sarthak Metals Dividend Yield

Sarthak Metals current trailing twelve-month (TTM) dividend yield is 0.54%. Interested in purchasing Sarthak Metals stock? Use our calculator to estimate your expected dividend yield:

Sarthak Metals Financial Ratios

P/E ratio24.54
PEG ratio1.11
P/B ratio2.17
ROE8.99%
Payout ratio0.00%
Current ratio25.03
Quick ratio18.81
Cash Ratio7.10

Sarthak Metals Dividend FAQ

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