Shrenik Limited engages in the trading and processing of paper, pulp, paperboards, etc. in Gujarat, Rajasthan, and Maharashtra. It offers printing and writing papers, and other specialty papers; and coated paper, uncoated maplitho paper, copier paper, duplex board, and folding box boards under the Shrenik Premium Copier Paper and Shrenik Premium Digital Paper brand names. The company was incorporated in 2012 and is based in Ahmedabad, India.
Shrenik Dividend Announcement
• Shrenik announced a annually dividend of ₹0.07 per ordinary share which will be made payable on 2020-10-28. Ex dividend date: 2020-09-08 • Shrenik's trailing twelve-month (TTM) dividend yield is -%
Shrenik current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shrenik stock? Use our calculator to estimate your expected dividend yield:
Shrenik Financial Ratios
P/E ratio-0.44
PEG ratio-0.05
P/B ratio-0.27
ROE82.20%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Shrenik Dividend FAQ
How much is the next Shrenik dividend?
Shrenik's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shrenik dividend. The next Shrenik dividend will be released in August.
When is Shrenik dividend paid?
Shrenik pays dividends on a annually basis. The specific dates may vary each year but are generally around August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Shrenik pay?
The specific amount of Shrenik dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shrenik's dividend history.
Does Shrenik stock pay dividends?
Yes, Shrenik does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shrenik's dividend history.
How much dividend does Shrenik pay?
Shrenik paid ₹0.0 in 2024, ₹0.0 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.067 in 2020.
How often does Shrenik pay dividends?
Shrenik typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is Shrenik's dividend yield?
The current dividend yield for Shrenik is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Shrenik's exact dividend yield.
When does Shrenik go ex dividend?
Shrenik's ex-dividend date for the latest dividend was on 2020-09-08. Shrenik typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Shrenik dividend paid?
Shrenik pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Shrenik increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Shrenik will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Shrenik dividend per share?
Shrenik paid ₹0.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Shrenik pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Shrenik a dividend aristocrat?
No, 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 Shrenik a dividend king?
No, 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 Shrenik a dividend stock?
Yes, Shrenik is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shrenik a good dividend stock?
Whether Shrenik is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shrenik has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shrenik as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Shrenik pay dividends monthly?
Shrenik typically pays dividends on a annually basis.
Does Shrenik pay dividends quarterly?
Shrenik currently pays dividends on a annually basis.
Has Shrenik ever paid a dividend?
Yes, Shrenik has a history of paying dividends to its shareholders. Shrenik is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shrenik dividend stocks?
To buy Shrenik 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Shrenik 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.
When does Shrenik pay dividends 2024?
Shrenik pays dividends on a annually basis. 2024 dividend payments are in 2020-10-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Shrenik increase its dividend in 2024?
Decisions regarding Shrenik dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Shrenik dividend overview you can look into the above table of dividend history.
How Shrenik dividend works?
The Shrenik dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Shrenik's dividend process works:
1. Determination of Dividend: Shrenik's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Shrenik publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Shrenik distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Shrenik are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Shrenik dividends paid?
Shrenik dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shrenik sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Shrenik distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shrenik declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Shrenik pay dividends?
Shrenik typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Shrenik pay dividends?
The general pattern is that Shrenik pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shrenik dividend safe?
The safety of Shrenik's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Shrenik's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Shrenik's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.