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 quarterly 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 0.65%
Sarthak Metals current trailing twelve-month (TTM) dividend yield is 0.65%. Interested in purchasing Sarthak Metals stock? Use our calculator to estimate your expected dividend yield:
Sarthak Metals Financial Ratios
P/E ratio36.56
PEG ratio1.66
P/B ratio1.76
ROE4.88%
Payout ratio0.00%
Current ratio74.58
Quick ratio57.65
Cash Ratio5.56
Sarthak Metals Dividend FAQ
How much is the next Sarthak Metals dividend?
Sarthak Metals's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sarthak Metals dividend. The next Sarthak Metals dividend will be released in January, August, or December.
When is Sarthak Metals dividend paid?
Sarthak Metals pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, August, and December. 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 Sarthak Metals pay?
The specific amount of Sarthak Metals 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 Sarthak Metals's dividend history.
Does Sarthak Metals stock pay dividends?
Yes, Sarthak Metals 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 Sarthak Metals's dividend history.
How much dividend does Sarthak Metals pay?
Sarthak Metals paid ₹0.0 in 2024, ₹2.0 in 2023, ₹3.0 in 2022, ₹1.0 in 2021, and ₹0.5 in 2020.
How often does Sarthak Metals pay dividends?
Sarthak Metals typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, August, and December.
What is Sarthak Metals's dividend yield?
The current dividend yield for Sarthak Metals is 0.65%. 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 Sarthak Metals's exact dividend yield.
When does Sarthak Metals go ex dividend?
Sarthak Metals's ex-dividend date for the latest dividend was on 2023-12-22. Sarthak Metals 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 Sarthak Metals dividend paid?
Sarthak Metals pays dividends on a quarterly basis, typically around January, August, or December, but the exact dates can vary each year.
Will Sarthak Metals 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 Sarthak Metals 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 Sarthak Metals dividend per share?
Sarthak Metals paid ₹0.0 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Sarthak Metals 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 Sarthak Metals 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 Sarthak Metals 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 Sarthak Metals a dividend stock?
Yes, Sarthak Metals is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sarthak Metals a good dividend stock?
Whether Sarthak Metals is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sarthak Metals has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sarthak Metals 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 Sarthak Metals pay dividends monthly?
Sarthak Metals typically pays dividends on a quarterly basis.
Does Sarthak Metals pay dividends quarterly?
Sarthak Metals currently pays dividends on a quarterly basis.
Has Sarthak Metals ever paid a dividend?
Yes, Sarthak Metals has a history of paying dividends to its shareholders. Sarthak Metals is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sarthak Metals dividend 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, 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 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.
When does Sarthak Metals pay dividends 2024?
Sarthak Metals pays dividends on a quarterly basis. 2024 dividend payments are in 2024-01-10. 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 Sarthak Metals increase its dividend in 2024?
Decisions regarding Sarthak Metals 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 Sarthak Metals dividend overview you can look into the above table of dividend history.
How Sarthak Metals dividend works?
The Sarthak Metals 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 Sarthak Metals's dividend process works:
1. Determination of Dividend: Sarthak Metals'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, Sarthak Metals 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, Sarthak Metals 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 Sarthak Metals 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 Sarthak Metals dividends paid?
Sarthak Metals dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sarthak Metals 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, Sarthak Metals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sarthak Metals 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 Sarthak Metals pay dividends?
Sarthak Metals typically pays dividends on a quarterly 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 Sarthak Metals pay dividends?
The general pattern is that Sarthak Metals pays dividends around January, August, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sarthak Metals dividend safe?
The safety of Sarthak Metals'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 Sarthak Metals'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 Sarthak Metals'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.