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Sat Industries Limited, together with its subsidiaries, manufactures and sells stainless-steel flexible hoses and assemblies in India. It offers corrugated stainless steel, double interlock flexible metal, and composite hoses, as well as stainless steel hose assemblies. The company also manufactures and sells flexible intermediate bulk containers, polypropylene (PP), high density polyethylene (HDPE) bags, and BOPP laminated bags, as well as PP/HDPE woven fabrics. Further, the company invests in various sectors, including food-tech, ed-tech, e-commerce, hyper-local services, fin-tech, D2C, web3 and blockchain, SaaS, IoT, EV, robotics, engineering, space tech, agri-tech, gaming, digital media portal, and others. The company exports its products to the Middle East, Europe, Africa, South-East Asia, Caribbean Islands, Latin and Central America, the United States, and Australia. Sat Industries Limited was incorporated in 1984 and is headquartered in Mumbai, India.

Sat Industries Dividend Announcement

• Sat Industries announced a annually dividend of ₹0.15 per ordinary share which will be made payable on 2024-08-17. Ex dividend date: 2024-07-12
• Sat Industries annual dividend for 2024 was ₹0.15
• Sat Industries annual dividend for 2023 was ₹0.35
• Sat Industries's trailing twelve-month (TTM) dividend yield is 0.26%

Sat Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-12₹0.15annually2024-08-17
2023-11-15₹0.15annually2023-12-06
2023-07-11₹0.10annually2023-08-11
2023-02-21₹0.10annually2023-03-15

Sat Industries Dividend per year

Sat Industries Dividend Yield

Sat Industries current trailing twelve-month (TTM) dividend yield is 0.26%. Interested in purchasing Sat Industries stock? Use our calculator to estimate your expected dividend yield:

Sat Industries Financial Ratios

P/E ratio6.42
PEG ratio0.24
P/B ratio2.04
ROE36.17%
Payout ratio0.00%
Current ratio4.50
Quick ratio3.92
Cash Ratio2.20

Sat Industries Dividend FAQ

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