Sharat Industries Ltd. is an aquaculture company, which engages in the cultivation and production of shrimp. It operates rough the following divisions: Hatchery, Shrimp Farming, Shrimp Feed and Shrimp Processing. The Hatchery division includes Vannamei seedlings. The Shrimp Farming division focuses on the farm located in coast of the Bay of Bengal. The Shrimp Feed division offers products through the VANNASTAR brand. The Shrimp Processing division provides raw and cooked shrimp products. The company was founded on May 7, 1990 and is headquartered in Chennai, India.
Sharat Industries Dividend Announcement
• Sharat Industries announced a annually dividend of ₹0.25 per ordinary share which will be made payable on 2023-12-14. Ex dividend date: 2023-11-24
• Sharat Industries's trailing twelve-month (TTM) dividend yield is 0.46%
Sharat Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-24 | ₹0.25 | annually | 2023-12-14 |
Sharat Industries Dividend per year
Sharat Industries Dividend Yield
Sharat Industries current trailing twelve-month (TTM) dividend yield is 0.46%. Interested in purchasing Sharat Industries stock? Use our calculator to estimate your expected dividend yield:
Sharat Industries Financial Ratios
Sharat Industries 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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