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 0.1%
Shaily Engineering Plastics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | ₹1.00 | annually | 2024-10-21 |
2018-08-02 | ₹7.50 | annually | 2018-08-18 |
2017-08-31 | ₹5.00 | annually | 2017-09-14 |
Shaily Engineering Plastics Dividend per year
Shaily Engineering Plastics Dividend Yield
Shaily Engineering Plastics current trailing twelve-month (TTM) dividend yield is 0.1%. Interested in purchasing Shaily Engineering Plastics stock? Use our calculator to estimate your expected dividend yield:
Shaily Engineering Plastics Financial Ratios
Shaily Engineering Plastics Dividend FAQ
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.
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