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Servotech Power Systems Limited manufactures and sells solar and light emitting diode (LED) products in India. The company offers LED lighting products, including LED tube lights, street lights, flood lights, canopy lights, panel lights, bay lights, and yard lights. It also provides solar products, such as solar home lighting systems, integrated solar street light, solar pumping system, solar lithium batteries, and solar power systems, as well as MPPT solar charge controllers for home and street lights, and PV ports. In addition, the company offers UV-C disinfectant products, which includes UV disinfection lamp, UV disinfection handheld, UV disinfection truck, sterilization box, and UVC robotruk. The company serves government projects, institutional, hospital, education, banking, telecom, and corporate industries. Servotech Power Systems Limited was incorporated in 2004 and is based in New Delhi, India.

Servotech Power Systems Dividend Announcement

• Servotech Power Systems announced a semi annually dividend of ₹0.05 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-20
• Servotech Power Systems annual dividend for 2024 was ₹0.05
• Servotech Power Systems annual dividend for 2023 was ₹2.20
• Servotech Power Systems's trailing twelve-month (TTM) dividend yield is 0.03%

Servotech Power Systems Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-20₹0.05semi annually2024-10-27
2023-09-22₹0.20semi annually2023-10-30
2023-02-03₹2.00semi annually2023-02-20
2021-11-25₹2.00semi annually2021-12-12

Servotech Power Systems Dividend per year

Servotech Power Systems Dividend Yield

Servotech Power Systems current trailing twelve-month (TTM) dividend yield is 0.03%. Interested in purchasing Servotech Power Systems stock? Use our calculator to estimate your expected dividend yield:

Servotech Power Systems Financial Ratios

P/E ratio191.97
PEG ratio-3.26
P/B ratio22.16
ROE14.80%
Payout ratio0.00%
Current ratio1.85
Quick ratio1.48
Cash Ratio0.06

Servotech Power Systems Dividend FAQ

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