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Shankara Building Products Limited operates as a retailer of home improvement and building products in India. It operates through Retail, Channel, and Enterprise segments. The company offers structural steel products, cement, TMT bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing products, tiles, sanitary ware, water tanks, plywood, kitchen sinks, and lighting, flooring, electricals, interior-exterior finishing, irrigation, and other allied products. It also processes roofing sheets, steel pipes and tubes, cold rolled strips, and color coated roofing sheets, as well as operates as general hardware and wholesale traders. The company serves homeowners, professional customers, and small enterprises; end users, contractors, and OEMs; and other dealers and retailers. As of June 10, 2022, it operated 91 Shankara Buildpro brand stores. The company was formerly known as Shankara Infrastructure Materials Limited and changed its name to Shankara Building Products Limited in July 2006. Shankara Building Products Limited was incorporated in 1995 and is headquartered in Bengaluru, India.

Shankara Building Products Dividend Announcement

Shankara Building Products announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-07-21. Ex dividend date: 2024-06-13
Shankara Building Products annual dividend for 2024 was ₹3.00
Shankara Building Products annual dividend for 2023 was ₹2.50
Shankara Building Products's trailing twelve-month (TTM) dividend yield is 0.63%

Shankara Building Products Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-13₹3.00annually2024-07-21
2023-06-14₹2.50annually2023-07-22
2022-07-13₹1.00annually2022-08-21
2020-03-23₹2.00annually2020-04-12
2019-06-20₹1.50annually2019-07-25
2018-06-07₹3.25annually2018-07-12
2017-07-17₹2.75annually2017-08-20

Shankara Building Products Dividend per year

Shankara Building Products Dividend growth

Shankara Building Products Dividend Yield

Shankara Building Products current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Shankara Building Products stock? Use our calculator to estimate your expected dividend yield:

Shankara Building Products Financial Ratios

P/E ratio14.48
PEG ratio4.78
P/B ratio1.45
ROE11.47%
Payout ratio0.00%
Current ratio1.67
Quick ratio1.03
Cash Ratio0.05

Shankara Building Products Dividend FAQ

How much is the next Shankara Building Products dividend?
Shankara Building Products's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shankara Building Products dividend. The next Shankara Building Products dividend will be released in June.
When is Shankara Building Products dividend paid?
Shankara Building Products pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Shankara Building Products pay?
The specific amount of Shankara Building Products dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shankara Building Products's dividend history.
Does Shankara Building Products stock pay dividends?
Yes, Shankara Building Products does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shankara Building Products's dividend history.
How much dividend does Shankara Building Products pay?
Shankara Building Products paid ₹3.0 in 2024, ₹2.5 in 2023, ₹1.0 in 2022, ₹0.0 in 2021, and ₹2.0 in 2020.
How often does Shankara Building Products pay dividends?
Shankara Building Products typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Shankara Building Products's dividend yield?
The current dividend yield for Shankara Building Products is 0.63%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Shankara Building Products's exact dividend yield.
When does Shankara Building Products go ex dividend?
Shankara Building Products's ex-dividend date for the latest dividend was on 2024-06-13. Shankara Building Products typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Shankara Building Products dividend paid?
Shankara Building Products pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shankara Building Products increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Shankara Building Products will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Shankara Building Products dividend per share?
Shankara Building Products paid ₹3.0 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that Shankara Building Products pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Shankara Building Products a dividend aristocrat?
No, 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 Shankara Building Products a dividend king?
No, 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 Shankara Building Products a dividend stock?
Yes, Shankara Building Products is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shankara Building Products a good dividend stock?
Whether Shankara Building Products is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shankara Building Products has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shankara Building Products as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Shankara Building Products pay dividends monthly?
Shankara Building Products typically pays dividends on a annually basis.
Does Shankara Building Products pay dividends quarterly?
Shankara Building Products currently pays dividends on a annually basis.
Has Shankara Building Products ever paid a dividend?
Yes, Shankara Building Products has a history of paying dividends to its shareholders. Shankara Building Products is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shankara Building Products dividend stocks?
To buy Shankara Building Products 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Shankara Building Products 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.
When does Shankara Building Products pay dividends 2024?
Shankara Building Products pays dividends on a annually basis. 2024 dividend payments are in 2024-07-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Shankara Building Products increase its dividend in 2024?
Decisions regarding Shankara Building Products dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Shankara Building Products dividend overview you can look into the above table of dividend history.
How Shankara Building Products dividend works?
The Shankara Building Products dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Shankara Building Products's dividend process works:

1. Determination of Dividend: Shankara Building Products's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Shankara Building Products publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Shankara Building Products distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Shankara Building Products are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Shankara Building Products dividends paid?
Shankara Building Products dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Shankara Building Products sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Shankara Building Products distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Shankara Building Products declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Shankara Building Products pay dividends?
Shankara Building Products typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Shankara Building Products pay dividends?
The general pattern is that Shankara Building Products pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shankara Building Products dividend safe?
The safety of Shankara Building Products's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Shankara Building Products's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Shankara Building Products's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.