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Satin Creditcare Network Limited, a non-banking finance company, provides micro finance services in India. The company provides microcredit to economically active women in rural, semi-urban, and urban areas; loans for income generating purposes, such as agriculture, transportation, trading, and production related business activities; loans for water and sanitation facilities; and loans to merchants, retailer, wholesaler, manufacturing, service providers, salaried, self-employed professionals, and agri business. It also offers loans to self-employed professionals, and self-employed individuals/non individual entities; loans to corporate institutions and micro finance companies; financing for solar lamps, bicycles, and consumer durables; and housing finance products. As of March 31, 2022, the company operated through a network of 1,224 branches. The company was formerly known as Satin Leasing & Finance Private Limited and changed its name to Satin Creditcare Network Limited in April 2000. Satin Creditcare Network Limited was incorporated in 1990 and is headquartered in Gurugram, India.

Satin Creditcare Network Dividend Announcement

• Satin Creditcare Network does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Satin Creditcare Network dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Satin Creditcare Network Dividend History

Satin Creditcare Network Dividend Yield

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

Satin Creditcare Network Financial Ratios

P/E ratio4.27
PEG ratio0.55
P/B ratio0.66
ROE16.93%
Payout ratio0.00%
Current ratio160.29
Quick ratio160.29
Cash Ratio14.74

Satin Creditcare Network Dividend FAQ

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