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Sheela Foam Limited engages in the manufacture and sale of polyurethane foams primarily in India and internationally. The company provides various technical products, such as automotive, reticulated, ultraviolet stable, and silenctech foam products. It also offers mattresses, furniture cushioning, pillows, bolsters, sofa-cum-beds, comforters/blankets, mattress protectors, and other products. The company provides its products under the Sleepwell, Feather Foam, and Starlite brands. It distributes its products through distributors, dealers, and multi-brand outlets. The company also exports its products to approximately 25 countries worldwide. Sheela Foam Limited was incorporated in 1971 and is headquartered in Noida, India.

Sheela Foam Dividend Announcement

• Sheela Foam does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Sheela Foam dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Sheela Foam Dividend Yield

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

Sheela Foam Financial Ratios

P/E ratio57.84
PEG ratio4.27
P/B ratio2.92
ROE5.14%
Payout ratio0.00%
Current ratio1.11
Quick ratio0.80
Cash Ratio0.03

Sheela Foam Dividend FAQ

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