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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 0.54%

Sharat Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-11-24₹0.25annually2023-12-14

Sharat Industries Dividend per year

Sharat Industries Dividend Yield

Sharat Industries current trailing twelve-month (TTM) dividend yield is 0.54%. Interested in purchasing Sharat Industries stock? Use our calculator to estimate your expected dividend yield:

Sharat Industries Financial Ratios

P/E ratio20.07
PEG ratio1.48
P/B ratio1.70
ROE8.53%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Sharat Industries Dividend FAQ

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