Shiva Granito Export Ltd. engages in the export of marble and granite. Its products include quartz powder, engineered quartz stone slabs, chemical, counter tops, marble, granite, and porcelain slabs. The company was founded on July 16, 2007 and is headquartered in Udaipur, India.
Shiva Granito Export Dividend Announcement
• Shiva Granito Export announced a annually dividend of ₹0.20 per ordinary share which will be made payable on 2017-10-29. Ex dividend date: 2017-09-19
• Shiva Granito Export's trailing twelve-month (TTM) dividend yield is -%
Shiva Granito Export Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-09-19 | ₹0.20 | annually | 2017-10-29 |
Shiva Granito Export Dividend per year
Shiva Granito Export Dividend Yield
Shiva Granito Export current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shiva Granito Export stock? Use our calculator to estimate your expected dividend yield:
Shiva Granito Export Financial Ratios
P/E ratio29.40
PEG ratio0.29
P/B ratio1.63
ROE7.65%
Payout ratio0.00%
Current ratio1.70
Quick ratio0.40
Cash Ratio0.04
Shiva Granito Export Dividend FAQ
Does Shiva Granito Export stock pay dividends?
Shiva Granito Export does not currently pay dividends to its shareholders.
Has Shiva Granito Export ever paid a dividend?
No, Shiva Granito Export has no a history of paying dividends to its shareholders. Shiva Granito Export is not known for its dividend payments.
Why doesn't Shiva Granito Export pay dividends?
There are several potential reasons why Shiva Granito Export 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.
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 Shiva Granito Export 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 Shiva Granito Export 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 Shiva Granito Export a dividend aristocrat?
Shiva Granito Export 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 Shiva Granito Export a dividend king?
Shiva Granito Export 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 Shiva Granito Export a dividend stock?
No, Shiva Granito Export 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 Shiva Granito Export stocks?
To buy Shiva Granito Export 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 Shiva Granito Export 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.
Place an order: Use the brokerage's trading platform to place an order to buy Shiva Granito Export 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.