Shyam Metalics and Energy Limited manufactures and sells steel and ferro alloy products in India. The company offers steel billets, iron pellets, sponge iron, wire rods, thermo mechanically treated bars, and structural steel products. It also manufactures and sells aluminum foils for use in pharmaceutical, household, contraceptive, FMCG, electronics, electricals, automotive, dairy, confectionery, flexible packaging, and other industries. The company was formerly known as Shyam DRI Power Limited and changed its name to Shyam Metalics and Energy Limited in November 2009. Shyam Metalics and Energy Limited was incorporated in 2002 and is based in Kolkata, India.
Shyam Metalics and Energy Dividend Announcement
• Shyam Metalics and Energy announced a annually dividend of ₹2.70 per ordinary share which will be made payable on 2024-10-06. Ex dividend date: 2024-08-30 • Shyam Metalics and Energy annual dividend for 2024 was ₹2.70 • Shyam Metalics and Energy annual dividend for 2023 was ₹1.80 • Shyam Metalics and Energy's trailing twelve-month (TTM) dividend yield is 0.32%
Shyam Metalics and Energy current trailing twelve-month (TTM) dividend yield is 0.32%. Interested in purchasing Shyam Metalics and Energy stock? Use our calculator to estimate your expected dividend yield:
Shyam Metalics and Energy Financial Ratios
P/E ratio28.10
PEG ratio0.67
P/B ratio2.31
ROE8.66%
Payout ratio0.00%
Current ratio1.23
Quick ratio0.65
Cash Ratio0.00
Shyam Metalics and Energy Dividend FAQ
How much is the next Shyam Metalics and Energy dividend?
Shyam Metalics and Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shyam Metalics and Energy dividend. The next Shyam Metalics and Energy dividend will be released in June.
When is Shyam Metalics and Energy dividend paid?
Shyam Metalics and Energy pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Shyam Metalics and Energy pay?
The specific amount of Shyam Metalics and Energy 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 Shyam Metalics and Energy's dividend history.
Does Shyam Metalics and Energy stock pay dividends?
Yes, Shyam Metalics and Energy 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 Shyam Metalics and Energy's dividend history.
How much dividend does Shyam Metalics and Energy pay?
Shyam Metalics and Energy paid ₹2.7 in 2024, ₹1.8 in 2023, ₹6.75 in 2022, ₹4.95 in 2021, and ₹0.0 in 2020.
How often does Shyam Metalics and Energy pay dividends?
Shyam Metalics and Energy 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 June.
What is Shyam Metalics and Energy's dividend yield?
The current dividend yield for Shyam Metalics and Energy is 0.32%. 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 Shyam Metalics and Energy's exact dividend yield.
When does Shyam Metalics and Energy go ex dividend?
Shyam Metalics and Energy's ex-dividend date for the latest dividend was on 2024-08-30. Shyam Metalics and Energy 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 Shyam Metalics and Energy dividend paid?
Shyam Metalics and Energy pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shyam Metalics and Energy 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 Shyam Metalics and Energy 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 Shyam Metalics and Energy dividend per share?
Shyam Metalics and Energy paid ₹2.7 per share in 2024 and ₹1.8 per share in 2023. The amount of dividend per share that Shyam Metalics and Energy 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 Shyam Metalics and Energy 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 Shyam Metalics and Energy 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 Shyam Metalics and Energy a dividend stock?
Yes, Shyam Metalics and Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shyam Metalics and Energy a good dividend stock?
Whether Shyam Metalics and Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shyam Metalics and Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shyam Metalics and Energy 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 Shyam Metalics and Energy pay dividends monthly?
Shyam Metalics and Energy typically pays dividends on a annually basis.
Does Shyam Metalics and Energy pay dividends quarterly?
Shyam Metalics and Energy currently pays dividends on a annually basis.
Has Shyam Metalics and Energy ever paid a dividend?
Yes, Shyam Metalics and Energy has a history of paying dividends to its shareholders. Shyam Metalics and Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shyam Metalics and Energy dividend stocks?
To buy Shyam Metalics and Energy 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 Shyam Metalics and Energy 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 Shyam Metalics and Energy pay dividends 2024?
Shyam Metalics and Energy pays dividends on a annually basis. 2024 dividend payments are in 2024-10-06. 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 Shyam Metalics and Energy increase its dividend in 2024?
Decisions regarding Shyam Metalics and Energy 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 Shyam Metalics and Energy dividend overview you can look into the above table of dividend history.
How Shyam Metalics and Energy dividend works?
The Shyam Metalics and Energy 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 Shyam Metalics and Energy's dividend process works:
1. Determination of Dividend: Shyam Metalics and Energy'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, Shyam Metalics and Energy 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, Shyam Metalics and Energy 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 Shyam Metalics and Energy 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 Shyam Metalics and Energy dividends paid?
Shyam Metalics and Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shyam Metalics and Energy 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, Shyam Metalics and Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shyam Metalics and Energy 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 Shyam Metalics and Energy pay dividends?
Shyam Metalics and Energy 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 Shyam Metalics and Energy pay dividends?
The general pattern is that Shyam Metalics and Energy pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shyam Metalics and Energy dividend safe?
The safety of Shyam Metalics and Energy'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 Shyam Metalics and Energy'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 Shyam Metalics and Energy'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.