Shraddha Prime Projects Ltd. engages in the manufacturing of survey instruments. Its products include automatic levels, theodolites, leveling staves and tripods. The company was founded on March 10, 1993 and is headquartered in Vadodara, India.
SHRADDHA PRIME PROJECTS Dividend Announcement
• SHRADDHA PRIME PROJECTS announced a semi annually dividend of ₹0.20 per ordinary share which will be made payable on 2024-10-29. Ex dividend date: 2024-10-09
• SHRADDHA PRIME PROJECTS annual dividend for 2024 was ₹0.40
• SHRADDHA PRIME PROJECTS's trailing twelve-month (TTM) dividend yield is 0.12%
SHRADDHA PRIME PROJECTS Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-09 | ₹0.20 | semi annually | 2024-10-29 |
| 2024-10-07 | ₹0.20 | semi annually | 2024-10-29 |
SHRADDHA PRIME PROJECTS Dividend per year
SHRADDHA PRIME PROJECTS Dividend Yield
SHRADDHA PRIME PROJECTS current trailing twelve-month (TTM) dividend yield is 0.12%. Interested in purchasing SHRADDHA PRIME PROJECTS stock? Use our calculator to estimate your expected dividend yield:
SHRADDHA PRIME PROJECTS Financial Ratios
P/E ratio44.03
PEG ratio-1.94
P/B ratio6.06
ROE19.03%
Payout ratio0.00%
Current ratio2.04
Quick ratio0.39
Cash Ratio0.01
SHRADDHA PRIME PROJECTS Dividend FAQ
Does SHRADDHA PRIME PROJECTS stock pay dividends?
SHRADDHA PRIME PROJECTS does not currently pay dividends to its shareholders.
Has SHRADDHA PRIME PROJECTS ever paid a dividend?
No, SHRADDHA PRIME PROJECTS has no a history of paying dividends to its shareholders. SHRADDHA PRIME PROJECTS is not known for its dividend payments.
Why doesn't SHRADDHA PRIME PROJECTS pay dividends?
There are several potential reasons why SHRADDHA PRIME PROJECTS 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 SHRADDHA PRIME PROJECTS 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 SHRADDHA PRIME PROJECTS 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 SHRADDHA PRIME PROJECTS a dividend aristocrat?
SHRADDHA PRIME PROJECTS 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 SHRADDHA PRIME PROJECTS a dividend king?
SHRADDHA PRIME PROJECTS 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 SHRADDHA PRIME PROJECTS a dividend stock?
No, SHRADDHA PRIME PROJECTS 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 SHRADDHA PRIME PROJECTS stocks?
To buy SHRADDHA PRIME PROJECTS 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 SHRADDHA PRIME PROJECTS 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 SHRADDHA PRIME PROJECTS 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.