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Shradha Infraprojects Limited, a real estate construction company, engages in the real estate development business in India. The company is involved in the construction of commercial complexes, residential houses, and business premises or civil works, as well as deals in real estate properties. It also provides engineering design and construction services. The company was formerly known as Shradha Infraprojects (Nagpur) Limited and changed its name to Shradha Infraprojects Limited. Shradha Infraprojects Limited was incorporated in 1997 and is based in Nagpur, India.

Shradha Infraprojects Dividend Announcement

Shradha Infraprojects announced a semi annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-08-26. Ex dividend date: 2024-07-12
Shradha Infraprojects annual dividend for 2024 was ₹1.00
Shradha Infraprojects annual dividend for 2023 was ₹0.75
Shradha Infraprojects's trailing twelve-month (TTM) dividend yield is 0.61%

Shradha Infraprojects Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-12₹1.00semi annually2024-08-26
2023-07-07₹0.25semi annually2023-07-23
2023-01-20₹0.50semi annually2023-02-09
2019-09-19₹0.12semi annually2019-10-27

Shradha Infraprojects Dividend per year

Shradha Infraprojects Dividend Yield

Shradha Infraprojects current trailing twelve-month (TTM) dividend yield is 0.61%. Interested in purchasing Shradha Infraprojects stock? Use our calculator to estimate your expected dividend yield:

Shradha Infraprojects Financial Ratios

P/E ratio15.38
PEG ratio1.12
P/B ratio3.36
ROE23.81%
Payout ratio0.00%
Current ratio1.45
Quick ratio0.23
Cash Ratio0.00

Shradha Infraprojects Dividend FAQ

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