Shriram Asset Management Co. Ltd. is an investment manager of Shriram Mutual Fund, which engages in the promoting, establishing, and acting as managers, administrators and representatives of Shriram Mutual Fund under the Securities and Exchange Board of India. The company was founded on July 27, 1994 and is headquartered in Kolkata, India.
Shriram Asset Management Dividend Announcement
• Shriram Asset Management does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Shriram Asset Management dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Shriram Asset Management Dividend History
Shriram Asset Management Dividend Yield
Shriram Asset Management current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shriram Asset Management stock? Use our calculator to estimate your expected dividend yield:
Shriram Asset Management Financial Ratios
P/E ratio-63.83
PEG ratio-0.64
P/B ratio8.70
ROE-12.92%
Payout ratio0.00%
Current ratio0.79
Quick ratio0.79
Cash Ratio0.03
Shriram Asset Management Dividend FAQ
Does Shriram Asset Management stock pay dividends?
Shriram Asset Management does not currently pay dividends to its shareholders.
Has Shriram Asset Management ever paid a dividend?
No, Shriram Asset Management has no a history of paying dividends to its shareholders. Shriram Asset Management is not known for its dividend payments.
Why doesn't Shriram Asset Management pay dividends?
There are several potential reasons why Shriram Asset Management 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 Shriram Asset Management 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 Shriram Asset Management 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 Shriram Asset Management a dividend aristocrat?
Shriram Asset Management 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 Shriram Asset Management a dividend king?
Shriram Asset Management 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 Shriram Asset Management a dividend stock?
No, Shriram Asset Management 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 Shriram Asset Management stocks?
To buy Shriram Asset Management 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 Shriram Asset Management 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 Shriram Asset Management 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.