Shri Bajrang Alliance Ltd. is engaged in the business of manufacturing steel and frozen food products. The firm operates through the Structural Rolling Mill and Ready to Eat Frozen Foods. Its products include Angles, Beams, Channels, Flats, H Beam, and Rounds. The company was founded on August 16, 1990 and is headquartered in Raipur, India.
Shri Bajrang Alliance Dividend Announcement
• Shri Bajrang Alliance announced a annually dividend of ₹1.00 per ordinary share which will be made payable on . Ex dividend date: 2008-09-19
• Shri Bajrang Alliance's trailing twelve-month (TTM) dividend yield is -%
Shri Bajrang Alliance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2008-09-19 | ₹1.00 | annually | |
| 2007-10-10 | ₹1.00 | annually | |
| 2006-09-06 | ₹1.00 | annually |
Shri Bajrang Alliance Dividend per year
Shri Bajrang Alliance Dividend growth
Shri Bajrang Alliance Dividend Yield
Shri Bajrang Alliance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shri Bajrang Alliance stock? Use our calculator to estimate your expected dividend yield:
Shri Bajrang Alliance Financial Ratios
P/E ratio6.10
PEG ratio0.06
P/B ratio0.69
ROE16.05%
Payout ratio0.00%
Current ratio1.08
Quick ratio0.52
Cash Ratio0.01
Shri Bajrang Alliance Dividend FAQ
Does Shri Bajrang Alliance stock pay dividends?
Shri Bajrang Alliance does not currently pay dividends to its shareholders.
Has Shri Bajrang Alliance ever paid a dividend?
No, Shri Bajrang Alliance has no a history of paying dividends to its shareholders. Shri Bajrang Alliance is not known for its dividend payments.
Why doesn't Shri Bajrang Alliance pay dividends?
There are several potential reasons why Shri Bajrang Alliance 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 Shri Bajrang Alliance 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 Shri Bajrang Alliance 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 Shri Bajrang Alliance a dividend aristocrat?
Shri Bajrang Alliance 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 Shri Bajrang Alliance a dividend king?
Shri Bajrang Alliance 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 Shri Bajrang Alliance a dividend stock?
No, Shri Bajrang Alliance 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 Shri Bajrang Alliance stocks?
To buy Shri Bajrang Alliance 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 Shri Bajrang Alliance 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 Shri Bajrang Alliance 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.