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Sheetal Cool Products Limited engages in the manufacturing and selling of ice cream, milk and milk products, namkeen, bakery, and sweet products in India. It operates in two segments, Milk and Milk Products; and Namkeen Products. The company offers ice creams in cups, candies, bar, stick, pastry pack, kulfi, cones, novelties, sandwich, cakes, tubs, party pack, and catering pack under the Sheetal, Rick cream, and J'adore brand names; and milk and milk products. It also provides wafers, Indian savories, and fryums; frozen foods, such as paratha, chapati, curry, pizza, tikkis, vegetable pulav and biryani, thepla, poha bateta, sabudana khichdi, french fries, Bombay bhel, etc.; and bakery items comprising bread, pav, bun, cookies, rusk, khari, cream roll, frozen vegetables, etc., as well as sweets and various spices. The company was founded in 1987 and is based in Amreli, India.

Sheetal Cool Products Dividend Announcement

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

Sheetal Cool Products Dividend History

Sheetal Cool Products Dividend Yield

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

Sheetal Cool Products Financial Ratios

P/E ratio19.18
PEG ratio0.58
P/B ratio3.01
ROE17.01%
Payout ratio0.00%
Current ratio2.27
Quick ratio1.06
Cash Ratio0.09

Sheetal Cool Products Dividend FAQ

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

Place an order: Use the brokerage's trading platform to place an order to buy Sheetal Cool 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.