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Shaily Engineering Plastics Limited manufactures and sells precision injection moulded plastics components in India. The company offers plastic pumps, spray devices, insulin injector pens, specialty packaging, and containers for solid orals and liquid formulations used in the pharmaceutical industry; kitchen and cooking devices, storage and cleaning products, and plastic and plastic/electronic toys; and casings for cosmetics. It also offers automotive components and engineering plastics. The company exports its products to approximately 35 countries worldwide. Shaily Engineering Plastics Limited was incorporated in 1980 and is based in Vadodara, India.

Shaily Engineering Plastics Dividend Announcement

Shaily Engineering Plastics announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-09-13
Shaily Engineering Plastics annual dividend for 2024 was ₹1.00
Shaily Engineering Plastics's trailing twelve-month (TTM) dividend yield is 0.09%

Shaily Engineering Plastics Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13₹1.00annually2024-10-21
2018-08-02₹7.50annually2018-08-18
2017-08-31₹5.00annually2017-09-14

Shaily Engineering Plastics Dividend per year

Shaily Engineering Plastics Dividend Yield

Shaily Engineering Plastics current trailing twelve-month (TTM) dividend yield is 0.09%. Interested in purchasing Shaily Engineering Plastics stock? Use our calculator to estimate your expected dividend yield:

Shaily Engineering Plastics Financial Ratios

P/E ratio68.16
PEG ratio9.20
P/B ratio10.08
ROE15.94%
Payout ratio0.00%
Current ratio1.21
Quick ratio0.79
Cash Ratio0.04

Shaily Engineering Plastics Dividend FAQ

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