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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 dateDividend amountDividend typePay date
2024-09-23₹0.33annually2024-10-30

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

P/E ratio9.86
PEG ratio0.10
P/B ratio1.71
ROE18.10%
Payout ratio0.00%
Current ratio20.15
Quick ratio13.42
Cash Ratio3.42

SHELTER PHARMA Dividend FAQ

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