Shree Rama Multi-Tech Limited manufactures and sells packaging products primarily in India. Its packaging products include multilayer tubes for packing dentifrices, cosmetics, pharmaceuticals, food, and other products; monolayer tubes; tube laminates; and plastic laminates, such as flexible packaging, miniature packs, and carry home packs. Shree Rama Multi-Tech Limited was founded in 1987 and is based in Kalol, India.
Shree Rama Multi-Tech Dividend Announcement
• Shree Rama Multi-Tech announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2002-01-01. Ex dividend date: 2001-12-06
• Shree Rama Multi-Tech's trailing twelve-month (TTM) dividend yield is -%
Shree Rama Multi-Tech Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2001-12-06 | ₹1.50 | annually | 2002-01-01 |
| 2000-12-05 | ₹0.30 | annually | 2001-01-01 |
| 2000-04-24 | ₹1.57 | annually | 2000-06-01 |
Shree Rama Multi-Tech Dividend per year
Shree Rama Multi-Tech Dividend Yield
Shree Rama Multi-Tech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shree Rama Multi-Tech stock? Use our calculator to estimate your expected dividend yield:
Shree Rama Multi-Tech Financial Ratios
P/E ratio38.69
PEG ratio0.08
P/B ratio5.15
ROE14.40%
Payout ratio0.00%
Current ratio2.88
Quick ratio1.83
Cash Ratio0.06
Shree Rama Multi-Tech Dividend FAQ
Does Shree Rama Multi-Tech stock pay dividends?
Shree Rama Multi-Tech does not currently pay dividends to its shareholders.
Has Shree Rama Multi-Tech ever paid a dividend?
No, Shree Rama Multi-Tech has no a history of paying dividends to its shareholders. Shree Rama Multi-Tech is not known for its dividend payments.
Why doesn't Shree Rama Multi-Tech pay dividends?
There are several potential reasons why Shree Rama Multi-Tech 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 Shree Rama Multi-Tech 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 Shree Rama Multi-Tech 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 Shree Rama Multi-Tech a dividend aristocrat?
Shree Rama Multi-Tech 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 Shree Rama Multi-Tech a dividend king?
Shree Rama Multi-Tech 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 Shree Rama Multi-Tech a dividend stock?
No, Shree Rama Multi-Tech 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 Shree Rama Multi-Tech stocks?
To buy Shree Rama Multi-Tech 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 Shree Rama Multi-Tech 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 Shree Rama Multi-Tech 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.