SEL Manufacturing Company Limited engages in the spinning, knitting, and processing of yarns and fabrics in India and internationally. It offers knitted garments, terry towels, knitted and processed fabrics, and various kinds of yarn. The company, through its subsidiary, SEL Aviation Pvt. Ltd., provides aviation services. SEL Manufacturing Company Limited was founded in 1969 and is based in Ludhiana, India.
SEL Manufacturing Dividend Announcement
• SEL Manufacturing announced a annually dividend of ₹0.00 per ordinary share which will be made payable on . Ex dividend date: 2008-02-05
• SEL Manufacturing's trailing twelve-month (TTM) dividend yield is -%
SEL Manufacturing Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2008-02-05 | ₹0.00 | annually |
SEL Manufacturing Dividend per year
SEL Manufacturing Dividend Yield
SEL Manufacturing current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing SEL Manufacturing stock? Use our calculator to estimate your expected dividend yield:
SEL Manufacturing Financial Ratios
P/E ratio-0.92
PEG ratio0.03
P/B ratio-2.64
ROE-522.62%
Payout ratio0.00%
Current ratio0.10
Quick ratio0.04
Cash Ratio0.01
SEL Manufacturing Dividend FAQ
Does SEL Manufacturing stock pay dividends?
SEL Manufacturing does not currently pay dividends to its shareholders.
Has SEL Manufacturing ever paid a dividend?
No, SEL Manufacturing has no a history of paying dividends to its shareholders. SEL Manufacturing is not known for its dividend payments.
Why doesn't SEL Manufacturing pay dividends?
There are several potential reasons why SEL Manufacturing 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.
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 SEL Manufacturing 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 SEL Manufacturing 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 SEL Manufacturing a dividend aristocrat?
SEL Manufacturing 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 SEL Manufacturing a dividend king?
SEL Manufacturing 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 SEL Manufacturing a dividend stock?
No, SEL Manufacturing 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 SEL Manufacturing stocks?
To buy SEL Manufacturing 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 SEL Manufacturing 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.
Place an order: Use the brokerage's trading platform to place an order to buy SEL Manufacturing 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.