Shangar Decor Ltd. engages in the provision of décor related services. Its services include pre-wedding events, theme wedding, corporate events, religious events, property décor, lights décor, and catering. The company was founded on November 16, 1995 and is headquartered in Ahmedabad, India.
Shangar Décor Dividend Announcement
• Shangar Décor announced a annually dividend of ₹0.20 per ordinary share which will be made payable on 2020-10-14. Ex dividend date: 2020-10-12
• Shangar Décor's trailing twelve-month (TTM) dividend yield is -%
Shangar Décor Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-10-12 | ₹0.20 | annually | 2020-10-14 |
| 2019-09-19 | ₹0.03 | annually | 2019-10-01 |
Shangar Décor Dividend per year
Shangar Décor Dividend Yield
Shangar Décor current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shangar Décor stock? Use our calculator to estimate your expected dividend yield:
Shangar Décor Financial Ratios
P/E ratio8.89
PEG ratio-2.00
P/B ratio1.62
ROE20.28%
Payout ratio0.00%
Current ratio1.54
Quick ratio1.33
Cash Ratio0.03
Shangar Décor Dividend FAQ
Does Shangar Décor stock pay dividends?
Shangar Décor does not currently pay dividends to its shareholders.
Has Shangar Décor ever paid a dividend?
No, Shangar Décor has no a history of paying dividends to its shareholders. Shangar Décor is not known for its dividend payments.
Why doesn't Shangar Décor pay dividends?
There are several potential reasons why Shangar Décor 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 Shangar Décor 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 Shangar Décor 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 Shangar Décor a dividend aristocrat?
Shangar Décor 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 Shangar Décor a dividend king?
Shangar Décor 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 Shangar Décor a dividend stock?
No, Shangar Décor 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 Shangar Décor stocks?
To buy Shangar Décor 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 Shangar Décor 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 Shangar Décor 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.