Shyam Century Ferrous Limited manufactures and sells ferro alloys in India. It provides ferro silicon and silico manganese products. The company was incorporated in 2011 and is based in Kolkata, India.
Shyam Century Ferrous Dividend Announcement
• Shyam Century Ferrous announced a annually dividend of ₹0.30 per ordinary share which will be made payable on 2022-09-10. Ex dividend date: 2022-08-23
• Shyam Century Ferrous's trailing twelve-month (TTM) dividend yield is -%
Shyam Century Ferrous Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-08-23 | ₹0.30 | annually | 2022-09-10 |
Shyam Century Ferrous Dividend per year
Shyam Century Ferrous Dividend Yield
Shyam Century Ferrous current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shyam Century Ferrous stock? Use our calculator to estimate your expected dividend yield:
Shyam Century Ferrous Financial Ratios
P/E ratio-87.49
PEG ratio-4.84
P/B ratio2.21
ROE-2.53%
Payout ratio0.00%
Current ratio8.82
Quick ratio6.70
Cash Ratio0.05
Shyam Century Ferrous Dividend FAQ
Does Shyam Century Ferrous stock pay dividends?
Shyam Century Ferrous does not currently pay dividends to its shareholders.
Has Shyam Century Ferrous ever paid a dividend?
No, Shyam Century Ferrous has no a history of paying dividends to its shareholders. Shyam Century Ferrous is not known for its dividend payments.
Why doesn't Shyam Century Ferrous pay dividends?
There are several potential reasons why Shyam Century Ferrous 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 Shyam Century Ferrous 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 Shyam Century Ferrous 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 Shyam Century Ferrous a dividend aristocrat?
Shyam Century Ferrous 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 Shyam Century Ferrous a dividend king?
Shyam Century Ferrous 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 Shyam Century Ferrous a dividend stock?
No, Shyam Century Ferrous 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 Shyam Century Ferrous stocks?
To buy Shyam Century Ferrous 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 Shyam Century Ferrous 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 Shyam Century Ferrous 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.