Shukra Jewellery Ltd. engages in the manufacture of diamond studded gold jewellery. It operates through the following segments: Diamonds and Gold Jewellery and Real EstateBbusiness. The company was founded by Chandrakant Himmatlal Shah on December 13, 1991 and is headquartered in Mumbai, India.
Shukra Jewellery Dividend Announcement
• Shukra Jewellery does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Shukra Jewellery dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Shukra Jewellery Dividend History
Shukra Jewellery Dividend Yield
Shukra Jewellery current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shukra Jewellery stock? Use our calculator to estimate your expected dividend yield:
Shukra Jewellery Financial Ratios
P/E ratio-86.85
PEG ratio-0.31
P/B ratio0.38
ROE-0.89%
Payout ratio0.00%
Current ratio6.46
Quick ratio3.80
Cash Ratio0.02
Shukra Jewellery Dividend FAQ
Does Shukra Jewellery stock pay dividends?
Shukra Jewellery does not currently pay dividends to its shareholders.
Has Shukra Jewellery ever paid a dividend?
No, Shukra Jewellery has no a history of paying dividends to its shareholders. Shukra Jewellery is not known for its dividend payments.
Why doesn't Shukra Jewellery pay dividends?
There are several potential reasons why Shukra Jewellery 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 Shukra Jewellery 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 Shukra Jewellery 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 Shukra Jewellery a dividend aristocrat?
Shukra Jewellery 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 Shukra Jewellery a dividend king?
Shukra Jewellery 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 Shukra Jewellery a dividend stock?
No, Shukra Jewellery 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 Shukra Jewellery stocks?
To buy Shukra Jewellery 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 Shukra Jewellery 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 Shukra Jewellery 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.