Shah Foods Ltd. engages in the food processing business. It manufactures and distributes biscuits. The company was founded by Janak Shah on March 18, 1982 and is headquartered in Ahmedabad, India.
Shah Foods Dividend Announcement
• Shah Foods announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2018-10-22. Ex dividend date: 2018-09-11
• Shah Foods's trailing twelve-month (TTM) dividend yield is -%
Shah Foods Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2018-09-11 | ₹1.00 | annually | 2018-10-22 |
| 2010-09-08 | ₹1.00 | annually | |
| 2009-09-10 | ₹1.00 | annually | |
| 2008-09-11 | ₹1.00 | annually |
Shah Foods Dividend per year
Shah Foods Dividend growth
Shah Foods Dividend Yield
Shah Foods current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shah Foods stock? Use our calculator to estimate your expected dividend yield:
Shah Foods Financial Ratios
P/E ratio-92.50
PEG ratio57.81
P/B ratio-20.54
ROE24.30%
Payout ratio0.00%
Current ratio1.46
Quick ratio1.46
Cash Ratio0.12
Shah Foods Dividend FAQ
Does Shah Foods stock pay dividends?
Shah Foods does not currently pay dividends to its shareholders.
Has Shah Foods ever paid a dividend?
No, Shah Foods has no a history of paying dividends to its shareholders. Shah Foods is not known for its dividend payments.
Why doesn't Shah Foods pay dividends?
There are several potential reasons why Shah Foods 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 Shah Foods 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 Shah Foods 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 Shah Foods a dividend aristocrat?
Shah Foods 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 Shah Foods a dividend king?
Shah Foods 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 Shah Foods a dividend stock?
No, Shah Foods 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 Shah Foods stocks?
To buy Shah Foods 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 Shah Foods 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 Shah Foods 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.