company-logo

Sikko Industries Limited manufactures and trades in bio-agro chemicals, pesticides, fertilizers, seeds, sprayers, packaging, machineries, and FMCG products for agriculture in India. It offers organic agro chemicals, such as organic pesticides and fungicides, sticking agents, organic plant growth promoters, and animal repellents; chemical fertilizer products, which include chelated, NPK, sulphur, and water soluble fertilizers; and organic agro products. The company also provides pesticides, fungicides, weedicides, and plant growth regulators; agricultural sprayers; vegetable and field crop seeds; and household products. It exports its products to Sri Lanka, Ivory Coast, Togo, Iran, Ghana, and Madagascar. The company was formerly known as Sikko Sprayers Limited and changed its name to Sikko Industries Limited in March 2010. Sikko Industries Limited was founded in 1997 and is based in Ahmedabad, India.

Sikko Industries Dividend Announcement

Sikko Industries announced a annually dividend of ₹0.15 per ordinary share which will be made payable on 2022-12-29. Ex dividend date: 2022-12-28
Sikko Industries's trailing twelve-month (TTM) dividend yield is -%

Sikko Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-12-28₹0.15annually2022-12-29

Sikko Industries Dividend per year

Sikko Industries Dividend Yield

Sikko Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sikko Industries stock? Use our calculator to estimate your expected dividend yield:

Sikko Industries Financial Ratios

P/E ratio26.87
PEG ratio2.99
P/B ratio4.73
ROE20.28%
Payout ratio0.00%
Current ratio2.60
Quick ratio1.95
Cash Ratio0.01

Sikko Industries Dividend FAQ

Does Sikko Industries stock pay dividends?
Sikko Industries does not currently pay dividends to its shareholders.
Has Sikko Industries ever paid a dividend?
No, Sikko Industries has no a history of paying dividends to its shareholders. Sikko Industries is not known for its dividend payments.
Why doesn't Sikko Industries pay dividends?
There are several potential reasons why Sikko Industries 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.
Will Sikko Industries 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 Sikko Industries 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 Sikko Industries a dividend aristocrat?
Sikko Industries 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 Sikko Industries a dividend king?
Sikko Industries 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 Sikko Industries a dividend stock?
No, Sikko Industries 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 Sikko Industries stocks?
To buy Sikko Industries 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 Sikko Industries 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.