Shelter Pharma Ltd. engages in the manufacture and sale of herbal products. It operates through the Human Pharma and Veterinary segments. The Human Pharma segment offers product portfolio of over the counter products and Ethical pharma products. The Veterinary segment sells over the counter products and Ethical presence. The company was founded by Mustaqim Nisarahmed Sabugar on October 12, 2007 and is headquartered in Ahmedabad, India.
SHELTER PHARMA Dividend Announcement
• SHELTER PHARMA announced a annually dividend of ₹0.33 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• SHELTER PHARMA annual dividend for 2024 was ₹0.33
• SHELTER PHARMA's trailing twelve-month (TTM) dividend yield is 0.62%
SHELTER PHARMA Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ₹0.33 | annually | 2024-10-30 |
SHELTER PHARMA Dividend per year
SHELTER PHARMA Dividend Yield
SHELTER PHARMA current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing SHELTER PHARMA stock? Use our calculator to estimate your expected dividend yield:
SHELTER PHARMA Financial Ratios
SHELTER PHARMA 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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