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Senco Gold Limited manufactures and trades in jewelry and articles made of gold, silver, platinum, and other precious and semi-precious stones in India. It sells gold and diamond jewelry. The company also offers costume jewelry, gold and silver coins, and utensils made of silver. The company sells its products under the Senco Gold & Diamonds trademark. The company operates owned and franchised showrooms, as well as online platforms. The company was incorporated in 1994 and is based in Kolkata, India.

Senco Gold Dividend Announcement

Senco Gold announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-13. Ex dividend date: 2024-09-06
Senco Gold annual dividend for 2024 was ₹1.00
Senco Gold annual dividend for 2023 was ₹1.00
Senco Gold's trailing twelve-month (TTM) dividend yield is 0.18%

Senco Gold Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-06₹1.00annually2024-10-13
2023-11-21₹1.00annually2023-12-09

Senco Gold Dividend per year

Senco Gold Dividend Yield

Senco Gold current trailing twelve-month (TTM) dividend yield is 0.18%. Interested in purchasing Senco Gold stock? Use our calculator to estimate your expected dividend yield:

Senco Gold Financial Ratios

P/E ratio42.76
PEG ratio1.23
P/B ratio6.41
ROE15.74%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Senco Gold Dividend FAQ

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